Consumer spending, according to NAB’s transaction data, went up 0.5% in both retail and total spending after being broadly flat last month.
Report
August 28, 2024
NAB Business View: Alan Oster’s economic outlook
NAB’s Chief Economist casts his expert eye over the latest economic data and offers insights into what’s ahead for business. Watch now.
When can we expect interest rate relief, what’s the forecast for inflation and jobs growth, and what can we expect from the housing market?
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.
