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

An improvement across the Survey – but some way to go.

SME Conditions & Confidence better in Q3, but still weak.

Latest restrictions will hit Victoria’s economy hard, but COVID-19 has impacted all states.

Conditions continue to recover, but confidence remains fragile.

INSIGHTS, TRENDS AND CASE STUDIES

China’s economy enters 2021 with momentum, but expected to slow across the year.

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

Consumption spending growth resumed in the week ending 9 January, up 4.1% on the same week last year.

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

What do alternative indicators suggest about China’s COVID-19 downturn and recovery?

Signs of slowing, but vaccine a positive

Globally GDP rebounded strongly across all the major advanced economies in Q3, however the spread of COVID-19 remains a key risk to the outlook. In Australia our outlook now resembles the best-case scenario we outlined at the start of the pandemic, although large uncertainties remain, even with a vaccine seemingly close to being rolled out.

NAB Group Chief Economist Alan Oster talks about the latest impacts of the Coronavirus. Listen now.

Widespread rebound in Q3 GDP, but COVID continues to disrupt global economy.

We take a closer look at how selected retail and hospitality spending in the CBDs of Melbourne and Sydney have fared this year.

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