INDUSTRY INSIGHTS

INSIGHTS, TRENDS AND CASE STUDIES

Our forecast points to a moderate rise in the ABS retail sales measure in January (+0.2% m/m), following an underwhelming end to 2019.

Our NAB Online Retail Sales Index data indicates that, while slowing slightly, growth continued in December.

The cost of living remains the single biggest driver of consumer anxiety, despite low levels of economy-wide inflation. To understand why, we asked Australians to tell us which costs are adding most to their living expenses.

Our forecast points to a negative (-0.1% m/m) print for December, in line with our view that the strong November ABS print largely represented Christmas spending brought forward by expanded Black Friday sales.

Dairy dynamics: prices, drought and costs impacting dairy landscape.

NAB’s annual pulse check of life in Australia confirms it is, with Australians in strong agreement that our country remains a great place to live.

NAB Online Retail Sales Index data indicates that volatility continues in sales, with a jump in November sales after contracting in October.

Our forecast points to a solid ABS retail headline figure for November – the strongest result since February this year if it transpires.

Agribusiness conditions flat despite strength of lamb and mutton.

Our NAB Online Retail Sales Index data indicates that after two solid months of growth in August and September, online retail sales weakened in October.

After surviving multiple challenges to their market share in recent years, the nation’s wine producers have bounced back and look set to enjoy vintage times.

Our forecast points to a moderate improvement for retail in October, although this may be partly due to higher retail prices – as measured in our monthly business survey.

After a weak mid-year period, online retail sales continued to grow in September, albeit at a more moderate pace than the significant growth rate recorded in August.

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