Industry and economic insights to help position our customers for the future
Financial institution issuance has recorded another high-volume year in the Australian dollar bond market, with some key questions still to explore ahead of a fast start in 2025.
The following article was written and published by the Australian Financial Review (AFR) on June 24, 2024 – 12.39pm and has been authorised for re-distribution by the AFR through our website. Please note the article is sponsored by National Australia Bank Limited. © Copyright 2024 The Australian Financial Review, Nine Entertainment Co. Pty Ltd
As a recognised leader in sustainable finance, NAB recently hosted a group of Indonesian officials visiting Sydney for valuable insights into market experiences and developments in Australia.
We expect global economic growth to slow from 3.3% in 2024 to 3.0% in 2025
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More progress, lingering risks
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China keeps growth target unchanged and rolls out a consumption plan, but will it actually be delivered?
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Spending more subdued in January & February 2025
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Business confidence falls back in February
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Past the trough
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Growth was unchanged in January
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Households continue to recover
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Coming in for landing
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We expect to see a modest slowing in growth across 2025 to 3.1%
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Global growth eased slightly in 2024 to 3.2% and is likely to slip further in 2025 and 2026.
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Total spending was down 0.3% in January 2025
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