ECONOMIC COMMENTARY

NAB Group Chief Economist Alan Oster talks about the latest economic news. Listen now.

Watch our digital events to find out what the budget means for you, businesses across Australia, and the economy.

Our new podcast series to help small to medium sized businesses make sense of current market movements. This week’s podcast includes a focus on inflation and FX implications .

Tax cuts were on the agenda in the 2021 Federal Budget – along with significant changes to super for older people and women and cuts to the cost of childcare.

Aged care, mental health, vaccine and NDIS funding headlined in the 2021 Federal Budget – plus women’s health funding and tax incentives for biotech start-ups.

Childcare, pre-schools and job training featured heavily in this year’s Federal Budget, with some big spending initiatives on the table.

Federal Budget 2021 delivered $15.2 billion in infrastructure spending over the next 10 years – including a new freight hub in Melbourne.

A welcome extension to tax schemes was announced in the 2021 Federal Budget – along with biosecurity and water funding.

The 2021 Federal Budget delivered extensions to tax schemes and apprenticeship/training schemes, while tourism and aviation were big winners.

The Treasurer wasn’t kidding when he said budget repair has been put on hold until unemployment was below 5%, with a raft of new spending measures in Federal Budget 2021.

Business confidence and conditions hit new highs.

Housing values are still rising at a rapid pace, up 6.8% over the past three months to be 10.2% higher than the COVID low in September last year.