NAB’s proprietary indicator of Australian retail sales, the NAB Cashless Retail Sales Index, reveals a sharp decline in spending in the month of August.

Australia’s next phase of growth must be defined by ideas, creativity and execution. Our future lies in our ability to foster a culture of innovation. But how do we measure innovation across all sizes and types of business?

In Australia, the August NAB Monthly Business Survey showed some mixed results, but is still encouraging overall.

RBA to remove some emergency accommodation in 2018.

Business conditions are strong. Confidence takes a hit. Some signs of inflation pressure.

Online sales growing over the year, slight slowing in the month.

Skills shortage holding back Australian business.

The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

The July NAB Monthly Business Survey showed a continuation of the strong run enjoyed by the business sector. Business conditions rose to their highest level since early 2008, while confidence also strengthened.

Conditions continue their strong run, bolstering business confidence.

Online sales still growing, albeit slower over the month and year.

Millennial SME owners are far more focused on growth and digital platforms than other generations, according to a new report released by NAB. But can they handle the ongoing pressure of entrepreneurship?

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