Australian carbon project developers see a maturing of institutional financing as key to scaling the market and taking it on a similar trajectory as renewable energy.


Online retail sales growth accelerated 1.1% in April
NAB Chief Economist, Sally Auld commented:
Online retail sales growth accelerated 1.1% in April, in mom, seasonally adjusted terms. This was much faster than our NAB Monthly Data Insights measure for broader retail (0.2% mom). In growth terms, online has outperformed our broader measure in ten of the past twelve months. The large sales category, department stores, is a clear difference between the online and the broader series – with online sales at department stores up solidly in the month, while our broader retail sales measure for the category contracted for a second month. Also noticeable in both series was the return to growth in QLD, after cyclone Alfred-induced weakness in March. QLD is the third largest state for online retail sales, so a strong contribution to growth for that state helped to counter weakness in VIC in the month.
Get all the insights in the NAB Online Retail Sales Index (April 2025)
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