Confidence remains low despite healthy conditions
Business survey
Featured stories
State Economic Update – Q3 2023
Growth holding up but subdued year ahead
Insight
NAB SME Business Survey: Quarter 3 2023
SME conditions improve but smallest firms still negative
Insight
Insights, Trends & Case Studies
NAB Quarterly Business Survey – September 2023
Labour costs rise as price inflation remains elevated
Insight
NAB Monthly Business Survey: September 2023
Cost pressures ease amid resilience in activity
Insight
NAB Monthly Business Survey: August 2023
Employment index rises as resilience continues
Insight
NAB SME Business Insights: Supply Chain Update Q2 2023
The impact on SMEs
Insight
NAB SME Business Insights: Labour shortages Q2 2023
How big is the issue for SMEs?
Insight
Monthly Business Survey: July 2023
Conditions still above average despite warning signs.
Insight
State Economic Overview June 2023
Very slow growth likely across the states in 2023-24
Insight
NAB SME Business Survey: Quarter 2 2023
SMEs see conditions weaken in Q2 as economy slows
Insight
NAB Quarterly Business Survey – June 2023
Supply issues easing but labour still hard to find
Insight
NAB Monthly Business Survey: June 2023
Conditions still above average despite warning signs
Insight
Monthly Business Survey: May 2023
Worrying signs of a slowing in activity
Insight
NAB SME Business Insights: Labour shortages Q1 2023
How big is the issue for SMEs?
Insight
NAB SME Business Insights: Supply Chain Update Q1 2023
The impact on SMEs
Insight
Monthly Business Survey: April 2023
Conditions slowly normalising but still high for now.
Insight
NAB Business & Consumer Insights: Cyber Security Attacks & Scams (April 2023)
How prevalent are attacks & scams & how are businesses & consumers responding?
Insight
NAB SME Business Survey: Quarter 1 2023
Little improvement in cost pressures for SMEs in Q1
Insight
NAB Quarterly Business Survey – March 2023
Constraints still tight but prices past their peak
Insight
Monthly Business Survey: March 2023
Conditions hold up, price pressures ease
Insight
State Economic Overview March 2023
Population rebounding but growth slowdown looms
Insight
Monthly Business Survey: February 2023
Confidence volatile but conditions still strong
Insight
Monthly Business Survey: January 2023
New-year confidence boost as resilience continues
Insight
NAB SME Business Survey: Quarter 4 2022
Conditions eased for SMEs in late 2022.
Insight
NAB SME Business Insights: Labour shortages Q4 2022
How big is the issue for SMEs & what are they doing to overcome these challenges?
Insight
NAB SME Business Insights: Supply Chain Update Q4 2022
The impact on SMEs & how business is responding.
Insight
NAB Quarterly Business Survey – December 2022
Confidence down with constraints remaining tight
Insight
Monthly Business Survey: December 2022
Economy beginning to slow; inflation peak passed
Insight
Monthly Business Survey: November 2022
Confidence now negative, despite strong conditions.
Insight
NAB SME Business Insights: Supply Chain Update Q3 2022
The impacts on business & supporting local manufacturing to address them
Insight
Monthly Business Survey: October 2022
Conditions still strong but confidence weaker
Insight
NAB SME Business Survey: Quarter 3 2022
Easing conditions for small firms, despite strong demand
Insight
NAB Quarterly Business Survey – September 2022
Conditions holding up as constraints tighten
Insight
State Economic Overview October 2022
COVID disruptions continue to fade while growth remains strong and labour markets are tight everywhere
Insight
Monthly Business Survey: September 2022
Conditions roar as costs show signs of easing
Insight
Monthly Business Survey: August 2022
No signs of slow down yet as strong conditions roll on.
Insight
Monthly Business Survey: July 2022
Confidence & conditions rally as economy strains capacity limits
Insight
NAB SME Business Survey: Quarter 2 2022
Confidence falls despite strong post-Omicron conditions.
Insight
NAB Quarterly Business Survey – June 2022
Strong conditions as inflationary pressure builds.
Insight
NAB SME Business Insights: Supply Chain Issues Q2 2022
The impact on business, and how SMEs believe supply chain issues can best be solved.
Insight
NAB SME Business Insights: Labour shortages Q2 2022
How big an issue are they for SMEs, what are their expectations & how does business think they can be resolved?
Insight
Monthly Business Survey: June 2022
Business confidence falls further while conditions hold up.
Insight
Monthly Business Survey: May 2022
Confidence eases but conditions and outlook remain strong.
Insight
AMW: Delving deeper into the NAB Survey on costs & prices
It’s clear that with unemployment close to full employment levels and inflation way above target and forecast to rise higher, Australian interest rate settings should no longer be anywhere close to the emergency low settings implemented in the pandemic.
Monthly Business Survey: April 2022
Conditions rise further on Recreation & Personal Services recovery.
Insight
NAB SME Business Survey: Quarter 1 2022
Omicron weighed on SME conditions and confidence in Q1.
Insight
Monthly Business Survey: March 2022
Conditions surge higher as costs, prices hit records.
Insight
NAB Quarterly Business Survey – March 2022
Confidence and conditions pull back but remain resilient.
Insight
State Economic Overview March 2022
COVID disruptions have continued but State economies have been resilient and labour markets are strong.
Insight
Monthly Business Survey: February 2022
Activity, employment strengthen as prices push higher.
Insight
NAB SME Business Survey: Quarter 4 2021
SME businesses shared in post-Delta rebound
Insight
Monthly Business Survey: January 2022
Conditions deteriorate as Omicron peaks.
Insight
NAB Quarterly Business Survey – December 2021
Pre-Omicron economy was confident but facing constraints.
Insight
Monthly Business Survey: December 2021
Omicron dampens confidence, price pressures continue.
Insight
Monthly Business Survey: November 2021
Conditions stabilise as reopening progresses
Insight
Monthly Business Survey: October 2021
Conditions and confidence rise out of lockdown.
Insight
NAB SME Business Survey: Quarter 3 2021
SME conditions fall under lockdowns.
Insight
NAB Quarterly Business Survey – September 2021
Conditions and confidence hit by lockdowns in Q3.
Insight
Monthly Business Survey: September 2021
Confidence rebounds on the back of roadmaps, vaccination.
Insight
Monthly Business Survey: August 2021
Confidence and conditions tick up.
Insight
Monthly Business Survey: July 2021
Confidence and conditions fall further with ongoing lockdowns.
Insight
NAB SME Business Survey: Quarter 2 2021
Very strong SME business conditions in Q2.
Insight
NAB Quarterly Business Survey – June 2021
Conditions at a record high in Q2.
Insight
NAB Insights from the Preliminary Q2 Quarterly Business Survey: July 2021
Wages growth and expectations.
Insight
Monthly Business Survey: June 2021
Confidence falls on virus fears.
Insight
State Economic Overview June 2021
A new phase of growth emerges across the states following a fast rebound.
Insight
Monthly Business Survey: May 2021
Business conditions continue to boom.
Insight
Monthly Business Survey: April 2021
Business confidence and conditions hit new highs.
Insight
NAB SME Business Survey: Quarter 1 2021
Confidence pulls back from record high, but conditions lift.
Insight
NAB Quarterly Business Survey – March 2021
Momentum builds.
Insight
Monthly Business Survey: March 2021
Business conditions reach a record high.
Insight
Monthly Business Survey: February 2021
Business conditions bounce, confidence rises further.
Insight
NAB Independent School Survey 2020
While last year was one of the most challenging for schools in Australia’s history, schools will adapt post-COVID.
NAB SME Business Survey: Quarter 4 2020
SME confidence hits a record high as conditions rebound
Insight
Monthly Business Survey: January 2021
Business confidence rises, while conditions pull back.
Insight
NAB Quarterly Business Survey – December 2020
The recovery continues.
Insight
Monthly Business Survey: December 2020
Business conditions improve to multi-year highs.
Insight
State Economic Handbook: January 2021
Recovery from COVID-19 continues across Australia
Insight
NAB Quarterly Business Survey – September 2020
An improvement across the Survey – but some way to go.
Insight
NAB SME Business Survey: Quarter 3 2020
SME Conditions & Confidence better in Q3, but still weak.
Insight
State Economic Handbook: August 2020
Latest restrictions will hit Victoria’s economy hard, but COVID-19 has impacted all states.
Insight
Monthly Business Survey: July 2020
Conditions continue to recover, but confidence remains fragile.
Insight
NAB SME Business Survey: Quarter 2 2020
The SME sector sees a large COVID hit.
Insight
NAB Quarterly Business Survey – June 2020
The impact of COVID-19 sees a large deterioration in conditions.
Insight
NAB Monthly Business Survey: June 2020
Both business conditions and confidence continued to rebound in June – though it is important to note they are still weak in level terms.
Insight
NAB Monthly Business Survey: May 2020
Business conditions saw a broad-based improvement in the month but remain deeply negative – at a level last seen coming out of the GFC.
Podcast
NAB Monthly Business Survey: April 2020
Business confidence remains very weak despite a rebound in the month.
Insight
State Economic Handbook: April 2020
No state or territory will be spared from COVID-19 economic fall-out.
NAB Monthly Business Survey: March 2020
Business confidence saw its largest decline on record and is now at its weakest level in the history of the NAB Monthly Business Survey.
Article
NAB SME Business Survey: Quarter 1 2020
SME confidence declines ahead of the COVID-19 disruption.
Webinar
NAB Quarterly Business Survey – March 2020
Confidence deteriorates on the early impact of Covid-19.
Insight
NAB Monthly Business Survey: February 2020
Confidence heads lower and Conditions now neutral.
NAB Monthly Business Survey: Bushfires Special February 2020
Special survey on the second round impact of recent bushfires.
NAB SME Business Survey: Quarter 4 2019
SME conditions and confidence edge lower.
NAB Monthly Business Survey: January 2020
More of the same in early 2020.
NAB Quarterly Business Survey – December 2019
Confidence declines, while conditions remain below average.
NAB Monthly Business Survey: December 2019
The final monthly business survey of 2019 provides further evidence that activity stabilised in Q4.
NAB Monthly Business Survey: November 2019
Business conditions tracked sideways in the month, and appear to have stabilised at low levels, after declining significantly between mid-2018 and 2019.
NAB Monthly Business Survey: October 2019
Conditions and confidence each saw a small improvement in the month with conditions edging up 1pt and confidence lifting 2pts – though both remain below average.
NAB Independent Schools Survey 2019
Student wellbeing on the agenda for schools.
NAB Quarterly Business Survey – September Quarter 2019
Confidence declines, while conditions remain below average.
NAB Monthly Business Survey: September 2019
Business conditions rose 1pt in September to +2 index points. This continues the below average run of business conditions but suggests that the trend weakening since mid-2018 has slowed.
State Economic Handbook: September 2019
The Australian economy grew by 1.4% over the year to the June 2019, its weakest growth since 2009.
NAB Monthly Business Survey: August 2019
Both business confidence and conditions declined in the month, with both now at +1 index point – well below long-run averages.
NAB Monthly Business Survey: July 2019
We're seeing below average confidence and conditions. The picture remains unchanged since last month - business sector has lost significant momentum since early 2018 and forward looking indicators don't point to an improvement in the near term.
NAB SME Business Survey: Quarter 2 2019
Despite an up-tick in confidence, conditions deteriorate.
NAB Quarterly Business Survey – June Quarter 2019
Conditions ease further, while confidence increases.
NAB Monthly Business Survey: June 2019
Confidence kick short-lived, conditions remain below average.
NAB Monthly Business Survey: May 2019
Confidence saw a post-election spike in May but conditions decline further with the private sector continuing to lose momentum.
NAB Monthly Business Survey: April 2019
Surprise jump in conditions last month was unwound this month – with business conditions, confidence and forward orders now all below average.
NAB SME Business Survey: Quarter 1 2019
Conditions ease further, confidence turns negative
State Economic Handbook: April 2019
Deterioration in conditions in most states, with current momentum negative. Household sector weakness evident, investment still ok (outside mining), while agri. facing easing prices and needs rain. Housing sector downturn, population growth centred on the eastern states, agricultural prices easing.
NAB Quarterly Business Survey – March Quarter 2019
Conditions continue to ease and confidence turns negative
NAB Monthly Business Survey: March 2019
Conditions rise while confidence continues a below average run.
NAB Monthly Business Survey: February 2019
Business conditions fell by 3 pts to +4 index points in February, driven by declines in profitability (now +1) and trading (+8) sub-indexes. Employment was unchanged at +5. Confidence fell 2pts in the month to +2 index points.
NAB SME Business Survey: Quarter 4 2018
Confidence and conditions continue to ease
NAB Monthly Business Survey: January 2019
Business conditions saw a moderate rebound in January after falling sharply in December.
NAB Quarterly Business Survey – December Quarter 2018
Business conditions continued to ease in Q4 and while they remain above average, forward looking indicators point to potential further weakness.
NAB Monthly Business Survey: December 2018
Conditions end the year on a concerning low.
Podcast: NAB Monthly Business Survey, November 2018
The latest NAB business survey shows further weakness in business conditions.
NAB Customer Spending Behaviours: Q3 2018
Total NAB customer spending grew 7.0% y/y in Q3 2018 - up from 5.6% in the previous quarter and 3.0% in the same quarter a year ago.
NAB Monthly Cashless Retail Sales Index October 2018
The NAB Cashless Retail Sales Index gained 0.8% in October on a month-on-month basis, rebounding from a much weaker 0.2% in September.
Podcast: NAB Monthly Business Survey, October 2018
Ivan Colhoun, NAB’s Chief Economist, Markets, talks through the findings in the latest NAB Business Survey.
NAB Monthly Business Survey: October 2018
Confidence and conditions ease.
NAB Online Retail Sales Index, Quarterly Update: September 2018
In seasonally adjusted terms, at 0.3%, online retail sales slowed in September. The 12 months to growth rate is also slower.
NAB SME Business Survey: Quarter 3 2018
Small and Medium Enterprise (SME) business conditions edged lower in Q3 2018 to +11, while SME business confidence fell to +2pts. While conditions have eased over the past two quarters, they remain well above average, though confidence has declined to below average levels.
NAB Monthly Business Survey: September 2018
Business conditions seem to have stabilised at high levels in recent months following some sharp falls earlier and the dip in confidence last month appears to have been temporary.
Australian Business Innovation Index 2018
We shine a light on the ongoing innovation efforts of Australian business.
NAB Monthly Business Survey: August 2018
The business conditions index rose by 2pts to +15 index points in August, recovering some of the ground lost in recent months. Business confidence fell 3pts to +4 index points and is now below average.
NAB Online Retail Sales Index: July 2018
Online sales growth on par with June, faster over the year
NAB Customer Spending Behaviours: Q2 2018
Total NAB customer spending grew 5.6% y/y in Q2 2018, down from 6.8% in the previous quarter and 3.9% in the same quarter a year ago. It grew faster in metropolitan (6.5%) than regional (5.1%) areas.
State Economic Handbook: August 2018
Our expectation for the Australian economy is that GDP will increase by just under 3.0% in 2018 and 2019.
NAB Consumer Behaviour Survey Q2 2018
Consumer anxiety up steeply in Q2. Overall spending tightens as concerns about the economy and our household financial positions grow. Spending on utilities a key expense, and growing.
NAB Monthly Cashless Retail Sales Index July 2018
The NAB Cashless Retail Sales Index gained 0.9% in July on a month-on-month basis, following a gain of 0.5% in June.
NAB Monthly Business Survey: July 2018
The business conditions index fell by 2pts to +12 index points in July, continuing its run of declines since April. Business confidence ticked up 1pt to +7 index points, an around average level.
NAB Online Retail Sales Index: June 2018
In seasonally adjusted terms, at 1.2%, online retail sales slowed in June. The 12 months to growth rate is also a bit lower.
NAB SME Business Survey: June Quarter 2018
Business conditions ease slightly.
NAB Quarterly Australian Commercial Property Survey Q2 2018
Overall sentiment in commercial property markets (measured by the NAB Commercial Property Index) moderated in Q2. The Index fell 4 points to +17 but remains well above its long-term average (+3).
NAB Quarterly Business Survey: June Quarter 2018
Favourable business conditions persist.
NAB Monthly Cashless Retail Sales Index June 2018
The NAB Cashless Retail Sales Index gained 0.5% in June on a month-on-month basis, following gain of 0.6% in May (revised from 0.8%).
NAB Monthly Business Survey: June 2018
The business conditions index ticked up by 1pt to +15 index points in June, after easing in the previous month. The business confidence edged down 1pts to +6 index points, to be around its long-run average level.
NAB Online Retail Sales Index: May 2018
NAB Online Retail Sales Index (NORSI) slowed slightly in May (+1.2% mom s.a.) from stronger growth in April (1.6%). 12 months to growth was also slower in May, with sales up 17.2% compared to April’s 12 month to growth of 18.4%. While slowing, trend online retail sales is still much stronger compared to the same period a year ago.
NAB LABS Australian Business Innovation Index 2018
Business innovation levels rebound; leadership pivotal to growth.
NAB Monthly Cashless Retail Sales Index May 2018
The NAB Cashless Retail Sales Index gained 0.8% in May on a month-on-month basis, following a flat read in April (revised from -0.6%).
NAB Monthly Business Survey: May 2018
The business conditions index decreased by 6pts to +15 index points, easing back from the historical highs seen in April. The business confidence index fell by 5pts to +6 index points, to be around its long-run average level.
NAB Australian Wellbeing Report: Q1 2018
Home ownership is a key to wellbeing according to new research from NAB
NAB Online Retail Sales Index: April 2018
NAB Online Retail Sales Index (NORSI) accelerated in April (+1.4% mom s.a.) from stronger growth in March(1.1%).
NAB Customer Spending Behaviours: Q1 2018
Total NAB customer spending grew 6.8% y/y in Q1 2018, up from 5.0% in the previous quarter and 2.0% compared to the same quarter a year ago.
Which businesses are thriving in the ‘Experience Economy’?
Australians rate restaurants, movies and travel as the most positive experiences their money can buy, according to new research from NAB.
NAB Monthly Cashless Retail Sales Index April 2018
The NAB Cashless Retail Sales Index was weaker in April, down 0.6% on a month on month basis in March.
NAB Online Retail Sales Index: March 2018
In seasonally adjusted terms, at 0.9%, online retail sales accelerated in March. The 12 months to growth rate is however a bit slower.
NAB Monthly Business Survey: April 2018
Business conditions at record levels.
NAB Customer Spending Behaviours: Q4 2017
Total NAB customer spending accelerated to 5.0% y/y in Q4 2017, from 3.0% y/y in the previous quarter with spending growth up across all metropolitan and regional areas.
NAB Quarterly Consumer Behaviour Survey Q1 2018
Insights into the mindset of Australian consumers – anxieties around future spending and savings plans, household finances, the economy, financial concerns & how these are impacting spending behaviours and levels of financial hardship.
NAB SME Business Survey: March Quarter 2018
Business conditions strong and businesses have their say on tax.
NAB Quarterly Business Survey: March Quarter 2018
Business conditions strong and businesses have their say on tax.
NAB Quarterly Australian Commercial Property Survey Q1 2018
Overall sentiment (measured by NAB’s Commercial Property Index) rose 4 points to +21 in Q1.
NAB Monthly Cashless Retail Sales Index March 2018
The NAB Cashless Retail Sales Index grew 1.2% on a month on month basis in March – slower than January or February.
NAB Monthly Business Survey: March 2018
Business conditions come off the boil, but still hot.
NAB Online Retail Sales Index: February 2018
NAB Online Retail Sales Index (NORSI) slowed in February (+0.8% mom s.a.) from stronger growth in January (1.6%).
NAB Monthly Cashless Retail Sales Index February 2018
The NAB Cashless Retail Sales Index continued to improve into February, a welcome trend after the weak sales experienced at the end of 2018.
NAB Monthly Business Survey: February 2018
The business conditions index moved 3pts higher to +21 index points. This is a record high since the monthly survey commenced in March 1997, although the same measure in NAB’s quarterly survey reached this level in 1994.
NAB Australian Wellbeing Report: Q4 2017
New research challenges old adage – can money buy happiness?
NAB Online Retail Sales Index: January 2018
NAB Online Retail Sales Index (NORSI) rebounded strongly in January (+1.5% mom s.a.) from a revised contraction (-1.8%) in December.
What do SMEs really think about their accountants?
Accountants should be reassured that most SMEs view them as trustworthy. Yet, at the same time, they may wish to reconsider how they can better help their business clients. NAB’s inaugural Australian Accounting Industry Survey offers telling insights into what accountants are doing well – and where they could better respond to what their customers need and value.
NAB Monthly Cashless Retail Sales Index January 2018
The NAB Cashless Retail Sales Index shows improvement in January following a weak December.
NAB SME Business Survey: December Quarter 2017
Strong improvement in SME business conditions in Q4 2017, while confidence retreated a touch.
NAB Monthly Business Survey: January 2018
Elevated business conditions & confidence point to a robust business sector in Australia at present.
NAB Quarterly Business Survey: December Quarter 2017
The quarterly NAB Business Survey gives a more in-depth probe into the conditions facing Australian business than the monthly survey, and also provides extra information about how firms perceive the outlook for their respective industries.
NAB Quarterly Consumer Behaviour Survey: Q4 2017
NAB’s Consumer Anxiety Index* was basically unchanged in Q4 2017 at near survey lows with job security causing Australians the least stress, consistent with a strongly improving labour market.
NAB Online Retail Sales Index, Quarterly Update: December 2017
In seasonally adjusted terms, at -2.2%, online retail sales contracted in December, the largest since November 2014. Looking through the month to month volatility, while the trend is still positive, it has again slowed.
NAB Monthly Business Survey: December 2017
Confidence lifted to narrow the divide with business conditions, indicating a strong business sector in Australia at present.
NAB Monthly Cashless Retail Sales Index: December 2017
The NAB Cashless Retail Sales Index shows a slowdown in December following a strong November.
NAB Online Retail Sales Index – November 2017
NAB Online Retail Sales Index (NORSI) accelerated strongly in November(+4.7% mom s.a.).
NAB Monthly Cashless Retail Sales Index November 2017
The NAB Cashless Retail Sales Index shows strong growth in the month of November (1.6% mom).
NAB Australian Wellbeing Report: Q3 2017
Aussies’ wellbeing at its highest since 2013, but high anxiety still impacting one in four
NAB Monthly Business Survey: November 2017
Last month’s surprise spike in business conditions was more than unwound in November, although that was partly expected.
NAB Monthly Business Survey: November 2017
Last month’s surprise spike in business conditions was more than unwound in November, although that was partly expected.
NAB Online Retail Sales Index – October 2017
NAB Online Retail Sales Index (NORSI) rebounded in October(+1.5% mom s.a.) from a contraction in September (-0.5%).
NAB Customer Spending Behaviours: Q3 2017
Spending growth slows but “experiences” continue to out-perform.
NAB Monthly Cashless Retail Sales Index: October 2017
NAB’s proprietary indicator of Australian retail sales reveals a continuation of very slow growth in recent months.
NAB Monthly Business Survey: October 2017
Business conditions hit an all new high in October.
NAB Online Retail Sales Index, Quarterly Update: September 2017
Online sales contract in the month, also slower over the year.
NAB Charitable Giving Index: August 2017
Insights into the donating behaviours of Australian consumers
NAB Quarterly SME Business Survey: September 2017
SME business conditions and confidence both improved in Q3.
Australian Markets Weekly: 23 October 2017
Unemployment to head lower say labour market indicators.
NAB Quarterly Business Survey: September Quarter 2017
The NAB Quarterly Business Survey showed a continuation of the very upbeat conditions for firms into the September quarter.
NAB Quarterly Australian Commercial Property Survey Q3 2017
Overall sentiment in commercial property markets moderated for the second straight quarter, with NAB’s Commercial Property Index down 5 points to +18 in Q3, but still well above long-term average levels (+2).
NAB Monthly Cashless Retail Sales Index: September 2017
NAB’s proprietary indicator of Australian retail sales, the NAB Cashless Retail Sales Index, reveals a rebound in spending in the month of September.
State Economic Handbook: October 2017
Economic growth in most states is expected to strengthen somewhat in 2017-18 before moderating a little in 2018-19 as dwelling investment and LNG exports peak.
The Forward View – Australia: October 2017
Balancing multiple objectives, as business remains strong and consumers cautious.
NAB Monthly Business Survey: September 2017
Business conditions are strong, but retail is still a significant concern.
NAB Online Retail Sales Index: August 2017
Online sales accelerated over the year and month.
NAB Consumer Behaviour Survey: Q2 2017
Insights into the mindset of Australian consumers – their anxieties around future spending and savings plans, what drives these concerns and how they are impacting actual spending behaviours and financial hardship.
NAB Customer Spending Behaviours: Q2 2017
Consumers spending their disposable dollars on experiences
NAB Monthly Cashless Retail Sales Index: August 2017
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.
NAB Labs Innovation Index 2017
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?
NAB’s World on two pages: September 2017
In Australia, the August NAB Monthly Business Survey showed some mixed results, but is still encouraging overall.
The Forward View – Australia: September 2017
RBA to remove some emergency accommodation in 2018.
NAB Monthly Business Survey: August 2017
Business conditions are strong. Confidence takes a hit. Some signs of inflation pressure.
NAB Online Retail Sales Index: July 2017
Online sales growing over the year, slight slowing in the month.
Part 2: Moments That Matter – Understanding Australian SMEs
Skills shortage holding back Australian business.
NAB Monthly Cashless Retail Sales Index: July 2017
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 Forward View: Australia – August 2017
No imminent return to “neutral”
NAB Monthly Business Survey: July 2017
Conditions continue their strong run, bolstering business confidence.
NAB Online Retail Sales Index: Indepth report – June 2017
Online sales still growing, albeit slower over the month and year.
Millennials a generation of entrepreneurs
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?
NAB Quarterly SME Business Survey: June 2017
SME business conditions eased in Q2 while leading indicators remained mixed.
NAB Quarterly Australian Commercial Property Survey: Q2 2017
NAB Group Chief Economist Alan Oster says that commercial property sentiment continues to vary widely by sector.
Top 10 characteristics of successful SMEs
What character traits do you need to succeed as an SME today? Some results may surprise, according to a new report released by NAB.
NAB Quarterly Business Survey: June 2017
The business sector continues to look upbeat, both with respect to current business activity – also evident in the NAB Monthly Business Survey – and importantly, the near-term outlook.
NAB Cashless Retail Sales Index: June 2017
The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.
Aussie small businesses set to expand
While almost half of SMEs are set to expand in the coming years, they’re feeling the pressure of competition, according to a new report released by NAB.
Gold in focus: July 2017
Gold began 2017 strongly, up 8% in the first half - despite falling 2% in June. This weakness has continued into early July, with the strong US payrolls data exerting further weakness on gold. However, gold received some support following Fed Chair Janet Yellen’s semi-annual testimony, which the markets interpreted as somewhat dovish.
The Forward View – Global: July 2017
Global upturn remains in place despite the risks.
NAB Quarterly Australian Residential Property Survey: Q2 2017
Australian housing market sentiment (measured by NAB’s Residential Property Index) fell noticeably in the June quarter after climbing to a 3-year high in March.
NAB Monthly Business Survey: June 2017
Business conditions hit another multi-year high, with most industries performing well. Stronger trading conditions (sales) and profitability drove the improvement, while employment conditions were steady.
NAB Australian Wellbeing Report: Q1 2017
Australians reported a further improvement in the quality of their lives in the March quarter.
NAB Online Retail Sales Index: May 2017
Online sales growing over the year, rebound in the month
SMEs redefine success and customers come out on top
Customer satisfaction, becoming a viable business and surviving tough economic conditions are the top three moments that matter for Australian SMEs, according to a new report released by NAB. And while almost half of SMEs are set to expand, they’re feeling some pressure.
Financial Anxiety Survey: Q1 2017
Financial anxiety eases but 4 in 10 consumers still experienced some form of financial hardship in the last 3 months. Financial anxiety continues to be a bigger issue for young people (particularly women) and low income earners.
NAB Monthly Business Survey: May 2017
Business conditions remain elevated, but confidence pulled-back from multi-year highs.
Part 1: Moments That Matter – Understanding Australian SMEs
Australian SMEs are confident of the future, with two thirds of millennial SMEs in particular set to expand their business over the next three years, according to a new NAB white paper released today.
NAB Consumer Behaviour Survey: Q1 2017
NAB’s Consumer Anxiety Index - which measures concerns about future spending and savings arising from job security, health, retirement, cost of living and government polices - fell to a survey low 55.9 points in Q1 2017 (58.7 in Q4 2016).
Australian Markets Weekly: 15 May 2017
Labour market outlook to improve.
NAB Monthly Business Survey: April 2017
The NAB Monthly Business Survey posted another strong result in April, with both business conditions and confidence improving – pointing to ongoing strength in business activity in the near-term.
NAB Online Retail Sales Index: Indepth report – March 2017
Online sales faster in the month but slower over the year.
NAB Quarterly SME Business Survey: March 2017
Conditions were again strong in essential services including health, property, finance, transport and business services.
NAB Quarterly Australian Commercial Property Survey: Q1 2017
Sentiment in commercial property markets continues to vary widely across states.
NAB Australian Wellbeing Index: Q4 2016
Australians remain highly anxious. While having more money might solve some of our concerns, it would do little to solve some of the biggest detractors of wellbeing. But, it could help close the “wellbeing gap” between high and low income earners.
NAB Monthly Business Survey: March 2017
Results from the March NAB Monthly Business Survey point to an overall healthy economy that is gaining momentum, at least in the near-term.
NAB Online Retail Sales Index: February 2017
Online sales slower over the year and month.
NAB Multinational Business Survey: Q4 2016
Foreign multinationals suggest quite good expectations for capital investment in the next 12 months
NAB Monthly Business Survey: February 2017
Business survey suggests solid near-term activity, despite easing from multi-year high.
NAB Online Retail Sales Index: January 2017
Online sales slightly faster over the year, contracts in the month
NAB Quarterly Australian Commercial Property Survey: Q4 2016
Commercial property market sentiment has continued to build on the positive gains seen in our last survey. NAB’s Commercial Property Index rose 5 points to +21 in Q4 - its highest level since the Survey began in early-2010.
NAB Quarterly SME Business Survey: December 2016
Low-tier SMEs’ business conditions now comparable to that of their mid-tier and high-tier counterparts
NAB Monthly Business Survey: January 2017
The strength witnessed in last month’s NAB Monthly Business Survey continued into January, with both business conditions and confidence jumping to much higher levels.
Rethink Success. Australia’s view on success today.
Digital economy opening new opportunities for successful careers.
NAB Monthly Business Survey: December 2016
Business confidence has held up quite well and is remarkably steady given the context of major uncertainties both at home and abroad. That said, the level of confidence has not picked up to reflect the overall strength in business conditions seen over the past year or more.
NAB Quarterly Australian Residential Property Survey: Q4 2016
By state, confidence has improved in VIC and QLD relative to the last survey, but this was offset by much weaker confidence in SA/NT and a small fall in NSW
US Economic Update: January 2017
According to the most recent surveys, business conditions and household sentiment are solid, and on an upwards trend.
NAB Consumer Behaviour Survey Q4 2016
Overall consumer anxiety eases a little more in Q4, but our spending behaviours are still yet to respond.
The Forward View – Australia: November 2016
The impact of the win in the U.S. Presidential election by Mr Trump is at this stage highly uncertain
NAB Monthly Business Survey: October 2016
Business confidence has proven to be relatively resilient this year, but did moderate in October – falling 2 points to +4 index points (below the long-run average of +6).
NAB Quarterly Australian Residential Property Survey: Q3 2016
Australian housing market sentiment improved in the third quarter of 2016, supported by more positive expectations for house price growth.
NAB Independent Schools and Innovation Survey: Q3 2016
Innovation in independent schools led by doing things differently and cost efficiently.
NAB Quarterly SME Business Survey: September 2016
The NAB SME Survey is the leading business survey of small businesses in Australia, and complements the comprehensive Quarterly NAB Business Survey.
NAB Quarterly Business Survey: September 2016
The quarterly iteration of the NAB Business Survey provides additional valuable insight into Australian business than the regular NAB Monthly Business Survey. This publication offers a more in-depth probe into the conditions facing Australian business.
The Forward View – Australia: October 2016
The outlook for the labour market is key. While we continue to expect the unemployment rate to remain in its recent range between 5½% and 5¾%, the recent softening in trend employment growth bears close watching.