Monday 22 June
June Business View with Sally Auld
With inflation pressures, global uncertainty and shifting business conditions defining the past year, many businesses are asking the same question: what’s next?
In this latest Business View, NAB Group Chief Economist Sally Auld unpacks the forces shaping the economic outlook — and what they mean for Australian businesses heading into FY27.
1. Pressure easing, but not gone
- Inflation and interest rates have driven a challenging period but there are early signs conditions may be stabilising
- The key tension: easing pressure vs ongoing uncertainty
2. Resilience beneath the surface
- Business activity and household spending are showing unexpected resilience
- But performance isn’t uniform - conditions vary across sectors and businesses
3. A shifting global landscape
- Global factors continue to shape local conditions - from geopolitical uncertainty to economic trends
- The outlook depends on how these external pressures evolve over the next 6–12 months
4. New forces shaping the future
- Longer-term shifts, including AI and technology becoming more influential
- These forces are starting to reshape productivity, growth and competitiveness