Businesses face an uncertain period as inflation drags on and rates remain high. But NAB knows what it will take to survive and thrive, says Chris Thomas.
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Household financial stress eases after rising for the past 6 quarters as Australians grow more accustomed to a number of ongoing pressures, but financial concerns are still climbing among lower income earners.
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Labour costs rise as price inflation remains elevated
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Growth to remain subdued, but avoid a major downturn
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Job switching & intentions, employee satisfaction, working from home & perceptions of collaboration & productivity.
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Cost pressures ease amid resilience in activity
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Growth to remain subdued despite signs of resilience
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Employment index rises as resilience continues
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Flat consumption in Q2 with one more rate rise left
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Our monthly transaction data showed a surprisingly positive result for July, with spending still holding up.
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Conditions still above average despite warning signs.
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Beyond GDP: Insights into wellbeing, and the role money and finances play in our lives
Supply issues easing but labour still hard to find
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A slow second half, but persistent inflation
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Our monthly transaction data showed a broadly flat result for June, with a lift in hospitality spending but a fall in retail.
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