Industry insights

Featured stories

Insights, Trends & Case Studies

NAB Regional Supply Chain Insights

NAB Regional Supply Chain Insights

31 August 2022

Hear from business experts on supply chain issues and opportunities - the impact on regional & agribusinesses, and how businesses are adapting

NAB Regional Supply Chain Insights

Insight

NAB Rural Commodities Wrap: June 2022

NAB Rural Commodities Wrap: June 2022

28 June 2022

Since last month’s wrap, we have seen further gains in most agricultural commodity prices, tentative signs of a stabilisation in fertiliser prices, combined with a lower AUD and a weakening global growth outlook.

NAB Rural Commodities Wrap: June 2022

Report

Australia’s regional consumers in focus

Australia’s regional consumers in focus

28 June 2022

In this excerpt from the new NAB Regional & Agribusiness Horizons Report Dean Pearson, Head of Behavioural & Industry Economics at NAB, highlights key differences in attitudes and behaviours among city, regional and rural dwellers – including the finding that rural and regional Australians are happier.

Australia’s regional consumers in focus

Article

Cashless Retail Sales Index: March 2022

Cashless Retail Sales Index: March 2022

13 April 2022

March has seen smoother retail prospects when compared to the very choppy conditions across January and February, with our forecast pointing to moderate growth in the month.

Cashless Retail Sales Index: March 2022

Insight

Cashless Retail Sales Index: October 2021

Cashless Retail Sales Index: October 2021

10 November 2021

Retail conditions in lockdown-affected areas have clearly been challenging for many businesses, but with reopening here, consumers are bouncing back and spending has returned.

Cashless Retail Sales Index: October 2021

Insight

Cashless Retail Sales Index: March 2021

Cashless Retail Sales Index: March 2021

14 April 2021

2021 is already showing signs that the retail sector is returning to something resembling “normal”, which is likely to see lower retail spending in areas like household goods, electronics and similar sectors.

Cashless Retail Sales Index: March 2021

Insight

Cashless Retail Sales Index: November 2020

Cashless Retail Sales Index: November 2020

9 December 2020

Victorian retail sales are now tracking just behind New South Wales and Queensland on a year ended basis. Western Australia remains the strongest performer, but other states are catching up.

Cashless Retail Sales Index: November 2020

Insight

Cashless Retail Sales Index: October 2020

Cashless Retail Sales Index: October 2020

11 November 2020

The retail sector has proven to be very resilient this year, although many consumers have changed their spending behaviour, leading to a boom for some retailers and bust for others.

Cashless Retail Sales Index: October 2020

Insight

NAB Consumer Anxiety Survey Q3 2020

NAB Consumer Anxiety Survey Q3 2020

5 November 2020

With COVID-19 restrictions easing across much of the country, consumer anxiety has continued to moderate and spending behaviours are shifting.

NAB Consumer Anxiety Survey Q3 2020

Insight

NAB Cashless Retail Sales Index: June 2020

NAB Cashless Retail Sales Index: June 2020

15 July 2020

Our data mapping points to a moderate fall in June, following massive swings in March, April and May suggesting there has been some stabilisation in retail sales.

NAB Cashless Retail Sales Index: June 2020

Podcast

NAB Consumer Anxiety Survey Q4 2019

NAB Consumer Anxiety Survey Q4 2019

28 January 2020

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.

NAB Consumer Anxiety Survey Q4 2019
NAB Cashless Retail Sales Index: December 2019

NAB Cashless Retail Sales Index: December 2019

22 January 2020

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.

NAB Cashless Retail Sales Index: December 2019
NAB Agribusiness Banker Survey: August 2019

NAB Agribusiness Banker Survey: August 2019

10 September 2019

Our third Agribusiness Banker Survey brings a somewhat more encouraging headline figure for agribusiness conditions, although conditions in NSW and to a lesser extent Queensland remain challenging. Spring rain is sorely needed to see an improvement.

NAB Agribusiness Banker Survey: August 2019
NAB Cashless Retail Sales Index: July 2019

NAB Cashless Retail Sales Index: July 2019

21 August 2019

We continue to see considerable disparities between retail sub-sectors. On a yearly basis, our data shows department stores, clothing and footwear going backwards, while household goods is barely in positive territory. Cafes, restaurants & takeaways are outperforming.

NAB Cashless Retail Sales Index: July 2019
NAB Cashless Retail Sales Index: May 2019

NAB Cashless Retail Sales Index: May 2019

19 June 2019

The ABS retail trade measure will see a modest (0.2% m/m) return to positive territory in May, indicating little or no bounce back from April’s disappointing result.

NAB Cashless Retail Sales Index: May 2019
Insights into habits of the wealthy

Insights into habits of the wealthy

24 May 2019

The latest Investment Trends research shows the number of high net worth individuals (HNWIs) in Australia rose to a record 460,000 people, reasserting Australia as one of the wealthiest countries in the world.

Insights into habits of the wealthy
The future of health: CSIRO’s 4 key predictions

The future of health: CSIRO’s 4 key predictions

29 April 2019

CSIRO’s Future of Health report details what’s needed to keep Australia’s health system efficient, equitable and affordable. Here, we examine four key themes for healthcare business owners.

The future of health: CSIRO’s 4 key predictions
State Economic Handbook: April 2019

State Economic Handbook: April 2019

18 April 2019

Deterioration in conditions in most states, with current momentum negative. Household sector weakness evident, investment still ok (outside mining), while agri. facing easing prices and needs rain. Housing sector downturn, population growth centred on the eastern states, agricultural prices easing.

State Economic Handbook: April 2019
NAB Cashless Retail Sales Index: March 2019

NAB Cashless Retail Sales Index: March 2019

17 April 2019

The strong ABS print in February exceeded our expectations and indeed those of the market. It’s fair to say that we are sceptical whether such strong growth will continue.

NAB Cashless Retail Sales Index: March 2019
Accounting for the future – a new model for success?

Accounting for the future – a new model for success?

5 April 2019

Technology is changing the way accounting professionals work and the relationship they have with their clients. Cloud accounting business specialist Lielette Calleja shares the secrets of her own success and suggests ways to make the most of continuing transformation.

Accounting for the future – a new model for success?
NAB Consumer Behaviour Survey Q4 2018

NAB Consumer Behaviour Survey Q4 2018

8 February 2019

Consumer anxiety reaches its highest level in over 3 years as slow income growth, high debt levels and weaker growth in household wealth weighed on households and their spending.

NAB Consumer Behaviour Survey Q4 2018
In Focus: Dairy January 2019

In Focus: Dairy January 2019

22 January 2019

Global Dairy Trade auction results have seen some upside since December after a fairly weak run over much of 2018.

In Focus: Dairy January 2019
NAB SME Business Survey: Quarter 3 2018

NAB SME Business Survey: Quarter 3 2018

25 October 2018

Small and Medium Enterprise (SME) business conditions edged lower in Q3 2018 to +11, while SME business confidence fell to +2pts. While conditions have eased over the past two quarters, they remain well above average, though confidence has declined to below average levels.

NAB SME Business Survey: Quarter 3 2018
NAB Consumer Behaviour Survey Q3 2018

NAB Consumer Behaviour Survey Q3 2018

24 October 2018

Anxieties around future spending and savings plans, household finances, the economy, financial concerns and how these are impacting spending behaviours and levels of financial hardship.

NAB Consumer Behaviour Survey Q3 2018
NAB Quarterly Business Survey: Quarter 3 2018

NAB Quarterly Business Survey: Quarter 3 2018

18 October 2018

The business conditions index decreased 2pts to +13 in 2018 Q3, but remains well above its long-run average. Business confidence also fell, declining 4pts to +3 index points, a little below its historical average.

NAB Quarterly Business Survey: Quarter 3 2018
NAB Monthly Business Survey: August 2018

NAB Monthly Business Survey: August 2018

11 September 2018

The business conditions index rose by 2pts to +15 index points in August, recovering some of the ground lost in recent months. Business confidence fell 3pts to +4 index points and is now below average.

NAB Monthly Business Survey: August 2018
NAB Customer Spending Behaviours: Q2 2018

NAB Customer Spending Behaviours: Q2 2018

30 August 2018

Total NAB customer spending grew 5.6% y/y in Q2 2018, down from 6.8% in the previous quarter and 3.9% in the same quarter a year ago. It grew faster in metropolitan (6.5%) than regional (5.1%) areas.

NAB Customer Spending Behaviours: Q2 2018
Fundamentals are good for Australian Agriculture

Fundamentals are good for Australian Agriculture

27 August 2018

The nation’s thoughts are with drought-afflicted farmers. As distressing as their current circumstances are, the encouraging news is that underlying economic conditions remain positive and will help them bounce back once the drought breaks.

Fundamentals are good for Australian Agriculture
NAB Monthly Business Survey: July 2018

NAB Monthly Business Survey: July 2018

14 August 2018

The business conditions index fell by 2pts to +12 index points in July, continuing its run of declines since April. Business confidence ticked up 1pt to +7 index points, an around average level.

NAB Monthly Business Survey: July 2018
NAB Monthly Business Survey: June 2018

NAB Monthly Business Survey: June 2018

10 July 2018

The business conditions index ticked up by 1pt to +15 index points in June, after easing in the previous month. The business confidence edged down 1pts to +6 index points, to be around its long-run average level.

NAB Monthly Business Survey: June 2018
NAB Monthly Business Survey: May 2018

NAB Monthly Business Survey: May 2018

12 June 2018

The business conditions index decreased by 6pts to +15 index points, easing back from the historical highs seen in April. The business confidence index fell by 5pts to +6 index points, to be around its long-run average level.

NAB Monthly Business Survey: May 2018
Beef Australia is a wrap

Beef Australia is a wrap

17 May 2018

Beef Australia is a wrap for another three years. The NAB Agribusiness team had an amazing week, catching up with customers and industry leaders, and learning a lot about where the industry’s heading.

Beef Australia is a wrap
Face it: the future is here

Face it: the future is here

10 May 2018

Biometric authentication is being rolled out across various industries – and the possibilities feel endless.

Face it: the future is here
Alipay has landed

Alipay has landed

7 May 2018

With 1.2 million visitors injecting $10 billion into the Australian economy each year, and almost one third of our international students now coming from China, Chinese custom is big business. Alibaba Australia’s MD explains Alipay.

Alipay has landed
NAB Customer Spending Behaviours: Q4 2017

NAB Customer Spending Behaviours: Q4 2017

4 May 2018

Total NAB customer spending accelerated to 5.0% y/y in Q4 2017, from 3.0% y/y in the previous quarter with spending growth up across all metropolitan and regional areas.

NAB Customer Spending Behaviours: Q4 2017
What to expect on NAB’s 2018 Agribusiness Japan Tour

What to expect on NAB’s 2018 Agribusiness Japan Tour

20 April 2018

From June 14 to June 25, I’ll be leading NAB’s 2018 Agribusiness Japan Tour. If your business involves cattle farming, sheep farming or horticulture and you’re interested in the connections, insight and strategies being used to succeed in Asian markets, I encourage you to join me.

What to expect on NAB’s 2018 Agribusiness Japan Tour