Business Research & Insights

Our NAB Online Retail Sales Index grew rapidly this month, following on from very subdued growth over the past two months.

NAB Online Retail Sales Index was flat in month-on-month in April, after a mild contraction in March.

NAB Online Retail Sales Index month-on-month growth contracted in March, following the strong February result.

NAB Online Retail Sales Index month-on-month growth accelerated in February, after returning to growth in January.

In month-on-month terms, growth returned to the NAB Online Retail Sales Index, following on from a weak December result.

Growth in the NAB Online Retail Sales Index contracted in December after two months of growth in October and November.

Growth in the NAB Online Retail Sales Index is back in positive territory.

NAB Online Retail Sales Index returns to growth in September

In month-on-month terms, our NAB Online Retail Sales Index has contracted for a seventh straight month.

NAB's Online Retail Sales Index continued to contract in July.

In month-on-month terms, our NAB Online Retail Sales Index contracted again in June.

In month-on-month terms, our NAB Online Retail Sales Index contracted again in May.

In month-on-month terms, our NAB Online Retail Sales Index contracted for a third consecutive month in April.

In month-on-month terms, our NAB Online Retail Sales Index contracted for a second consecutive month in March.

In month-on-month terms, our NAB Online Retail Sales Index contracted in February.

NAB's Online Retail Sales Index returned to growth in January.

In month-on-month terms, our NAB Online Retail Sales Index contracted again in December.

NAB Online Retail Sales Index contracted in October, following on from lockdown enhanced strong growth in recent months.

The NAB Online Retail Sales Index continues to exhibit considerable strength.

NAB Online Retail Sales Index continued to grow in August, driven by department store sales and three key sales states, NSW, VIC, and QLD.

Lockdown passion projects spur online sales.

NAB Online Retail Sales Index accelerated in June, following the May rebound.

The NAB Online Retail Sales Index grew in May, after a contraction in April.

NAB Online Retail Sales Index contracted again in April, after a revised contraction in March.

NAB Online Retail Sales Index contracted in March, after a revised slight contraction in February.

The NAB Online Retail Sales Index slowed (40.7% y/y).

The NAB Online Retail Sales Index returned to growth in January, after a short sharp contraction in December.

The NAB Online Retail Sales Index contracted in December, after moderate growth in November.

The NAB Online Retail Sales Index contracted in October, after four strong months of growth.

Our NAB Online Retail Sales Index continued to grow, albeit slowing in September.

Growth in the NAB Online Retail Sales Index slowed a little from the record set in July.

Record year on year growth, boosted by Victoria.

Our NAB Online Retail Sales Index data returned to more moderate growth in June.

The NAB Online Retail Sales Index contracted slightly in May, after recording the most rapid growth in the series history in April.

NAB Online Retail Sales Index rapid growth accelerated again in April

Our NAB Online Retail Sales Index data indicates that the rebound in online spend continued in March, with a large jump in sales.

Our NAB Online Retail Sales Index data indicates that there was a rebound in online spend in February.

Our data indicates that there was a contraction in online retail sales spend in January relative to December.

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

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

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 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.

Online retail rebounds after two weak months with the largest spend category Homewares and Appliances being a key contributor, although sales growth for this category has been relatively weak over the past year.

Our NAB Online retail sales index data indicates that sales growth was negative in July 2019, following on from an almost flat result in June.

Our NAB Online retail sales index data indicates that sales growth was negative in June 2019, following on from strong growth in May.

Our NAB Online retail sales index data indicates a return to sales growth in May 2019, after considerable weakness in April.

The NAB Online Retail Sales Index contracted -3.8% in April on a month-on-month, seasonally adjusted basis.

The NAB Online Retail Sales Index rebounded strongly in March with sales growth of 1.7% month-on-month, after one of its worst growth rates in the series history in February.

It appears that broader weakness in retail is flowing through to online.

The NAB Online Retail Sales Index recorded -0.5% month-on-month contraction in January, following on from a -1.9% contraction in December.

Low wage growth, high personal debt levels and a weakening housing market – particularly in Sydney and Melbourne – have made consumers reluctant to spend on non-essentials.

Online sales growth faster over the month, slower for the year.

The NAB Cashless Retail Sales Index gained 0.8% in October on a month-on-month basis, rebounding from a much weaker 0.2% in September.

In seasonally adjusted terms, at 0.3%, online retail sales slowed in September. The 12 months to growth rate is also slower.

Online sales growth slower over the month and year

The NAB Cashless Retail Sales Index gained 1.1% in August on a month-on-month basis, following a gain of 0.7% (revised) in July.

Online sales growth on par with June, faster over the year

Consumer anxiety up steeply in Q2. Overall spending tightens as concerns about the economy and our household financial positions grow. Spending on utilities a key expense, and growing.

The NAB Cashless Retail Sales Index gained 0.9% in July on a month-on-month basis, following a gain of 0.5% in June.

In seasonally adjusted terms, at 1.2%, online retail sales slowed in June. The 12 months to growth rate is also a bit lower.

The NAB Cashless Retail Sales Index gained 0.5% in June on a month-on-month basis, following gain of 0.6% in May (revised from 0.8%).

NAB Online Retail Sales Index (NORSI) slowed slightly in May (+1.2% mom s.a.) from stronger growth in April (1.6%). 12 months to growth was also slower in May, with sales up 17.2% compared to April’s 12 month to growth of 18.4%. While slowing, trend online retail sales is still much stronger compared to the same period a year ago.

The NAB Cashless Retail Sales Index gained 0.8% in May on a month-on-month basis, following a flat read in April (revised from -0.6%).

NAB Online Retail Sales Index (NORSI) accelerated in April (+1.4% mom s.a.) from stronger growth in March(1.1%).

The NAB Cashless Retail Sales Index was weaker in April, down 0.6% on a month on month basis in March.

In seasonally adjusted terms, at 0.9%, online retail sales accelerated in March. The 12 months to growth rate is however a bit slower.

Insights into the mindset of Australian consumers – anxieties around future spending and savings plans, household finances, the economy, financial concerns & how these are impacting spending behaviours and levels of financial hardship.

The NAB Cashless Retail Sales Index grew 1.2% on a month on month basis in March – slower than January or February.

NAB Online Retail Sales Index (NORSI) slowed in February  (+0.8% mom s.a.) from stronger growth in January (1.6%).

The NAB Cashless Retail Sales Index continued to improve into February, a welcome trend after the weak sales experienced at the end of 2018.

NAB Online Retail Sales Index (NORSI) rebounded strongly in January (+1.5% mom s.a.) from a revised contraction (-1.8%) in December.

The NAB Cashless Retail Sales Index shows improvement in January following a weak December.

NAB’s Consumer Anxiety Index* was basically unchanged in Q4 2017 at near survey lows with job security causing Australians the least stress, consistent with a strongly improving labour market.

In seasonally adjusted terms, at -2.2%, online retail sales contracted in December, the largest since November 2014. Looking through the month to month volatility, while the trend is still positive, it has again slowed.

The NAB Cashless Retail Sales Index shows a slowdown in December following a strong November.

NAB Online Retail Sales Index (NORSI) accelerated strongly in November(+4.7% mom s.a.).

The NAB Cashless Retail Sales Index shows strong growth in the month of November (1.6% mom).

Australia’s GDP continues to grow in spite of subdued wages growth and consumer spending. Gaining a greater understanding of how these contradictory trends break down across regional and metropolitan areas, as well as consumer spending categories, is behind NAB’s expansion of its Consumer Spending and Cashless Retail analyses.

NAB Online Retail Sales Index (NORSI) rebounded in October(+1.5% mom s.a.) from a contraction in September (-0.5%).

NAB’s proprietary indicator of Australian retail sales reveals a continuation of very slow growth in recent months.

Online sales contract in the month, also slower over the year.

NAB’s proprietary indicator of Australian retail sales, the NAB Cashless Retail Sales Index, reveals a rebound in spending in the month of September.

Online sales accelerated over the year and month.

Insights into the mindset of Australian consumers – their anxieties around future spending and savings plans, what drives these concerns and how they are impacting actual spending behaviours and financial hardship.

NAB’s proprietary indicator of Australian retail sales, the NAB Cashless Retail Sales Index, reveals a sharp decline in spending in the month of August.

Online sales growing over the year, slight slowing in the month.

The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

Online sales still growing, albeit slower over the month and year.

The NAB Cashless Retail Sales Index is a new product which provides timely proprietary data on a major part of retail spending in Australia.

Online sales growing over the year, rebound in the month

Online sales slower over the year, contract in the month

Online sales faster in the month but slower over the year.

A once-neglected lavender farm, Bridestowe Estate is today a global tourist destination, celebrated for the romance and colour of its 200 kilometres of blossoming lavender rows.

Online sales slower over the year and month.

Online sales slightly faster over the year, contracts in the month

In total, we estimate the Australian online retail market was worth $21.65bn in the 12 months to December 2016.

Global equities were mostly lower overnight, dragged lower by the oil price. That added to an already uncertain tone following indications that the UK may be hurtling towards a harder Brexit than first thought.

We estimate that Australian consumers have spent around $21.4 billion over the last 12 months to November 2016

Fundamentally the trend slowing in online retail growth continued in October

In the 12 months to September, Australians spent an estimated $20.8 billion on online retail – a level that is equivalent to around 7% of the traditional bricks and mortar retail sector.

We estimate that Australian consumers have spent around $20.6 billion over the last 12 months to August 2016.

Online sales down by 0.36% in July 2016

National Australia Bank’s latest Online Retail Sales Index (NORSI) shows online spending grew by 13.5% in the 12 months to June 2016. While still strong, growth has flattened from the year-on-year growth seen back in 2011 when the index was first established.

Online sales increase 2.0% in May 2016

Online sales increase 0.3% in April 2016

Australian consumers spent an estimated $19.3 billion online in the past year, primarily on homewares, groceries, media and fashion. According to National Australia Bank’s (NAB) latest Online Retail Sales Index in-depth report, online spending increased 12.4% over the last year.

Online sales increase 0.8 % in February 2016.

In dollar terms, we estimate Australians spent $19.2 billion on online retail in the 12 months to January 2016.

In this December 2015 quarter edition of the NAB Online Retail Sales Index, we have responded to market changes by including separate data on takeaway food and smaller online retailers.

Online sales rose 1.8 per cent in December 2015.

The latest seasonally adjusted NAB online retail sales index shows sales grew 0.7% in November, an improvement on the contraction in October.

At -0.6% the latest seasonally adjusted NAB online retail sales index shows sales contracted in October, a deterioration on the revised 1.4% recorded in September.

The latest NAB Online Retail Sales Index shows sales experienced relatively strong month-on-month growth of 1.1% in September, seasonally adjusted. This is a considerable improvement on the sales weakness evidence in July (-1.4%).

At 1.1% the latest seasonally adjusted NAB online retail sales index shows sales accelerated in September (possibly iphone 6S related), an improvement on the 0.6% recorded in August, and a rebound on the July contraction (-1.4).

The latest NAB online retail sales index figures show sales grew in August. In dollar terms, its estimated Australians spent $17.5 billion on online retail in the last year. Growth accelerated for electronic games and toys which leads growth, along with media and fashion.

We estimate Australians spent $17.4 billion on online retail in the 12 months to July 2015 which level is equivalent to 7.1% of spending at traditional bricks & mortar retailers excluding cafés, restaurants and takeaway food.

At -0.1% the latest seasonally adjusted nab online retail sales index shows sales growth was virtually flat in May, a significant slowdown on the 1.6% growth recorded in April. At 0.5%, the trend estimate for online retail sales was unchanged on the previous month.

Online sales fell 0.1 per cent in May 2015 and all categories except Daily Deals (-26.2% yoy) and Personal and Recreational good (-0.6 yoy) recorded growth in May.

Australia’s online retail spending increased to $16.9 billion for the year to April 2015, or by 9.6% annually. It now represents around 7.0% of traditional retail spending, excluding cafe's, restaurants and takeaway food.

The latest NAB online retail sales index shows sales experienced growth of 0.8% in March, seasonally adjusted. At 0.3%, the trend estimate for Online retail sales slowed relative to February, but remained positive. We estimate that online sales are now 8.0% higher compared to a year ago.

Online retail experienced strong growth in February, with sales growing 1.7% compared to January (0.3%). This month’s NORSI trend growth result is much faster than that recorded in February 2014 (0.2%). We estimate that online sales are now 8.7% higher compared to a year ago.

Australia’s online retail spending increased to $16.6 billion for the year to January 2015, or by 9% annually. It now represents around 6.9% of traditional retail spending.

Online retail experienced a modest growth in December, with sales growing 0.1% compared to November (-0.3%), and 8.9% higher compared to a year ago. In dollar terms, we estimate Australians spent $16.4 billion on online retail in the 12 months to December 2014.

Online sales growth slows markedly in November with most categories following suit. Despite the general slowdown, at category level, Electronic Games and Toys maintained recent momentum. In dollar terms, Australians spent approxinately $16.3 billion on online retail.

Australia’s online retail spending increased to $16.19 billion for the year to October 2014, or by 11.9% annually. It now represents around 6.8% of traditional retail spending. The share of domestic spending continues to edge higher, now controlling 75.2% of total online spending.

Online retail showed further encouraging signs of growth in September, to be 1.1% higher compared to August, and 12.8% higher compared to a year ago, the highest rate since March (13.7% YoY).

Online retail showed further encouraging signs of growth in August, to be 0.7% higher compared to July, and 8.3% higher compared to a year ago, although slower than July (9% YoY).

Australia’s online retail spending continues to increase following a period of more subdued growth and is now valued at around $15.6 billion for the year to July 2014. This represents annual growth of 8.6%, placing online at around 6.6% of traditional retail spending.

Online retail showed further encouraging signs of growth in June, to be 0.9% higher compared to May, and 9.5% higher compared to a year ago. On the other hand, ABS data showed negative comparable sales growth at traditional retailers in May, to be 0.3% lower than April

Online retail sales growth rebounded in May, after a small decline in April. Online spending totalled $15.3 billion in the past year. Groceries & Liquor and Electronic Games & Toys continued to strengthen while Daily Deals and Personal & Recreational Goods experienced negative growth

Australia’s online retail spending has continued to grow, sitting at $15.25 billion, while over 65s have experienced the strongest growth post-Christmas – meaning retailers need a clear strategy to reach this growing online consumer base.

In the year to March 2014, Australians spent $15.2 billion on online retail. This level is equivalent to 6.6% of spending with traditional bricks & mortar retailers (excluding cafés, restaurants and takeaway food to create a like-for-like comparison) in the year to February.

Recent improved momentum in online sales stall in February – with trends weaker for most categories – strength remains in Groceries & Liquor, but Personal & Recreational Goods and Daily Deals contract. Online spending up to $15 billion in the past year.

Australia’s online retail spending increased to $14.9 billion for the year to January 2014, or by 11.3%, now representing around 6.5% of traditional retail spending. Domestic retailers continue to control the largest share of online sales – at around 74%.

Recent improved momentum in online sales maintained in December – with trends positive for most categories - strength in Electronic Games and Toys, Groceries and Liquor, and Media. Online spending up to $14.7 billion in the past year.

Growth rates for online sales increased in November – with trends positive for most categories - strength in Media, Groceries and Liquor, Toys and Electronic Games and Department and Variety Stores. Online spending up to $14.6 billion in past year.

Australian online retail sales rose to $14.4 billion for the year to October 2013, a level that is equivalent to 6.4% of traditional retail spending. Domestic retailers continue to control the largest share of online sales - at around 73%.

Online sales growth edges up in September – to +0.3% mom (from even weaker sales in August). Sales trends mixed by category. In the year to September 2013, Australia’s online retail spending totaled $14.3 billion. This is equivalent to 6.3% of the traditional bricks & mortar retail sector

In the year to August 2013, Australians spent $14.2 bn on online retail. This level is equivalent to 6.3% of spending with traditional bricks & mortar retailer (excluding cafés, restaurants and takeaway food to create a like-for-like comparison) in the year to July 2013.

Australian online retail sales rose to $14.1 billion in the year to July 2013, a level that is equivalent to 6.3% of traditional retail spending. Department & Variety Stores, Groceries & Liquor and Media drove the growth over this period.

Online sales growth slowed to +14% yoy in June - the second slowest rate recorded. Fewer Fridays and a lack of product launches may have contributed to subdued growth. In the twelve months to June 2013, Australian online retail spending totalled $13.9 billion.

For the year to May 2013, Australians spent around $13.7 billion with online retailers. This is equivalent to 6.1% of the spending in the traditional bricks & mortar retail sector (excluding cafés, restaurants and takeaway food for a like-to-like comparison) in the year to April 2013.

For the year to April 2013, Australians spent $13.5 billion online - a level that is equivalent to around 6.0% of traditional retail spending. Online retail sales have continued to grow at a vastly stronger rate than the traditional bricks & mortar retail sector.

Online sales growth slowed in March to +15% yoy, with sales possibly impacted by the absence of new flagship tablet release. In the twelve months ending March 2013, Australian online retail purchases were $13.3 billion.

Online Retail Sales Index weaker in February. Sales grew by +19% yoy in the month, the weakest growth rate since May 2012. For the twelve months ending February 2013, Australia’s online retail spending totaled $13.1 billion. This level is equivalent to around 5.9% of Australia’s …

Online retail sales continue to shape the Australian marketplace. Sales rose to an estimated A$13 billion in the year to January 2013 and is now equivalent to 5.8% of traditional bricks and mortar sales (excluding food).

Online Retail Sales Index dipped in December (from Nov peak) – a seasonal trend around Christmas. Sales up 23% yoy, but slowing implying a ‘weaker online’ December. In 2012, Australia’s online retail spending was $12.8 billion. This level is around 5.8% of the size of Australia’s.

Online Retail Sales Index surges ahead of Christmas, but year-on-year growth only edged higher to 27%. In the twelve months to November 2012, Australians spent around $12.6 billion on online retail. This level is equivalent to 5.7% of the scale of traditional bricks & mortar retail

Australia’s online retail sales are continuing to climb, up to A$12.3 billion in the year ended October 2012, but for now the share of total spending is still modest, at around 5.6%. The rate of growth in online sales has strengthened considerably over the last six months.

Australian online retail sales up 23 percent yoy in September, but the level is still modest compared to traditional sales. Domestic online retailers continue to innovate – in an effort to develop or maintain a competitive advantage.

Growth in online spending remains strong - relative to the past year - with spending increasing by around +22% year-on-year in August. This level is slightly softer than in July. In the year to August 2012, Australians spent a total of $11.9 billion in online retail sales. This figure is equivalent to 5.4% of traditional bricks & mortar retail spending (excluding cafes, restaurants and takeaway food) for the year ended July 2012.

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. Online sales growth recorded […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. With traditional sales totalling […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. Online sales growth continued […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. The value of the […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. Growth in online sales […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. Online sales strengthen in […]

The NAB Online Retail Sales Index provides key insights into online spending in the retail goods space, capturing domestic and international trends, as well as regional and age demographic trends. It’s a unique tool based on up to 2 million non-cash transactions per day, scaled up to replicate the broader economy. In a fast-changing environment, […]