ECONOMIC COMMENTARY

Towards the future of the Australian, Asian and global economies: latest updates on domestic, international and industrial trends from NAB Group Economics.

BUSINESS surveys

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.

Australians rate restaurants, movies and travel as the most positive experiences their money can buy, according to new research from NAB.

The NAB Cashless Retail Sales Index was weaker in April, down 0.6% on a month on month basis in March.

In seasonally adjusted terms, at 0.9%, online retail sales accelerated in March. The 12 months to growth rate is however a bit slower.

INSIGHTS, TRENDS AND CASE STUDIES

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.

First 25bp increase now expected mid-2019.

Australians rate restaurants, movies and travel as the most positive experiences their money can buy, according to new research from NAB.

Nationally dwelling values continued their downwards trend last month; the seventh consecutive month on month decline since the national index series peaked in September last year.

The NAB Cashless Retail Sales Index was weaker in April, down 0.6% on a month on month basis in March.

An extension of asset write downs and better infrastructure are key initiatives for business this year.

It’s the season for tax cuts – and more support for super. Find out what’s happening in your bracket.

It’s all about infrastructure, tax and supporting the Baby Boomers this year. The expected pre election spend hasn’t materialised.

Listen to Alan Oster, NAB Group Chief Economist, provide his Federal Budget Preview ahead of Tuesday night’s Federal Budget release.

2018 has been exceptionally dry across much of Australia, with knock-on downside to restocker interest and young cattle prices.

In seasonally adjusted terms, at 0.9%, online retail sales accelerated in March. The 12 months to growth rate is however a bit slower.

Articles posted by month