NAB’s Chief Economist casts his expert eye over the latest economic data and offers insights into what’s ahead for business. Watch now.
In our latest Business View video, NAB Group Chief Economist Alan Oster offers insights into the conditions businesses can expect to encounter over the next 18 months.
Find out why he believes the Australian economy will overcome the current headwinds to emerge in good shape.
Consumer stress is rising again with Australians wary about the outlook for the year ahead. Household pressures are set to ease but until then the mantra for many consumers appears to be, “Show me the money”!
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Total spending went up 0.6% m/m. Overall, total consumer spending increased 1.9% in 3-month average terms and 6.5% over the past 12 months.
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