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.

An exclusive webinar on commercial real estate, covering the retail market and a property update. Watch now.

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.

Our data mapping points to a slight drop in retail sales in August.

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

Our data mapping points to moderate growth in retail sales in July.

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

Overall retail spending looks to be coming under increasing pressure.

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

Our data show a drop in retail sales in May, albeit from generally strong levels seen earlier in the year.

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

We see retail sales continuing to grow in April, albeit at a somewhat slower pace than previous months.

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

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.

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

2022 started slowly on account of the Omicron wave but is now really picking up, notably in areas like hospitality and clothing and footwear.

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

Consumers started 2022 in an understated fashion, following some big swings in late 2021.

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

Consumers continue to power ahead across the country, with post-lockdown spending gains consolidated in our November data.

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

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.

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

Reopening in NSW, soon to be followed by the ACT and Victoria, should give retail spending a good kick along in October and November.

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

Our data mapping points to another retail sales fall in August.

Covid-19 has accelerated digital transformation & consumer preferences. The lines between physical and digital are dissolving.

Lockdown passion projects spur online sales.

NABs data mapping points to retail sales falling substantially in July.

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

Recent lockdowns look to have dented retail spending in areas hard-hit in 2020, notably hospitality and clothing and footwear.

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

We look at the rapid rise of Buy Now Pay Later (BNPL) sector.

Retail trends continue to point to the COVID-induced consumer boom having largely run its course.

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

With life in Australia currently very close to pre-pandemic “normal”, the boom in household goods and department stores has largely subsided.

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

Australia is one of the most urbanised countries in the world with central business districts (CBDs) at the heart of economic, political, recreational, cultural and innovation activity. We explore the extent to which consumers have changed visitation to CBDs, why that is, and what would encourage them to return.

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.

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

A new podcast that looks at what strategies clients used to manage the recent foreign exchange market volatility.

How will consumers respond as 2021 rolls on and the prospect of some kind of post-pandemic normality comes into view via vaccination?

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

January’s cashless retail result represents respectable growth, following significant volatility late last year.

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

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.

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

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.

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.

Retail sales have been resilient recently, given restrictions on consumer activity and the large hit to the Australian economy.

Record year on year growth, boosted by Victoria.

Our internal data point to a moderate decline in July, having stabilised at a surprisingly buoyant level after the rollercoaster earlier this year.

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

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.

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

The Australian retail sector is facing extreme volatility amid a cycle of panic-buying, shutdown and now staged reopening.

NAB Online Retail Sales Index rapid growth accelerated again in April

Our data mapping suggests that the ABS retail trade measure will fall 5.3% 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.

E-commerce has been impacting the sales of bricks-and-mortar for years but the arrival of COVID-19 has accelerated changes in shopping behaviour. 

NAB cashless retail sales data for March shows wild swings across industries in response to the Coronavirus crisis.

The implementation of social distancing has meant some businesses are reviewing their customer interactions at the point of payment.

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

Our latest transaction insights paper includes recommendations for managing credit card rejections and provides clarity on the credit card authorisation process.

Our forecast points to a substantial rise in the ABS retail sales measure in February (+0.6% m/m), but there is very little to celebrate.

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

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.

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 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.

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.

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.

This month’s result points to a further improvement in retail sales, albeit from a low base.

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.

This result points to a modest improvement in retail sales, albeit from a poor result last month.

NAB trials new tap-on-phone payments to support small business.

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.

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.

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

New payments trends and technologies are opening the door to better business.

Growth eased across all states and territories last year and early 2019, but the last few months have seen some improvement.

She’s apples! How health food entrepreneur DR Vincent Candrawinata spends his day.

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.

Big shifts in our buying habits are seeing Australians spend more on experiences – and that’s forcing retailers to think outside the box.

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

Contrary to our forecast for the ABS print, our cashless retail sales index improved in April, gaining 1.2% compared to a 0.5% fall in March on a month on month 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.

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.

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

We forecast that ABS retail trade for February will grow for a second consecutive month, following a weak Christmas period and a subdued January ABS print.

Australia’s GDP numbers yesterday surprised many.

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

We forecast that ABS retail trade will return to growth – albeit modestly – in January 2019.

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.

This month we continue our podcast series to accompany the NAB Cashless Retail Sales Index. It’s a short, 10 minute podcast, designed to give you a quick summary of the major drivers of the index this month. To listen, just click the link below.

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

The NAB Cashless Retail Sales Index rose 0.6% in November on a month-on-month basis, repeating its 0.6% (revised) increase in October.

Total NAB customer spending grew 7.0% y/y in Q3 2018 - up from 5.6% in the previous quarter and 3.0% in the same quarter a year ago.

With the busy festive shopping period approaching and a shiny new $50 note in circulation, it’s important for business operators to be aware of the security features on Australian banknotes.

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 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.

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

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.

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 global boom in SMEs in a world hungry for quality Australian goods and services is creating opportunities for local businesses prepared to look beyond their own backyard.

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.

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 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 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.

Hard work and commercial nous acquired on the fly have helped Queenslander Carmel Sales turn a small-time cabinetmaking business into a multimillion-dollar manufacturing powerhouse.

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

Total NAB customer spending grew 6.8% y/y in Q1 2018, up from 5.0% in the previous quarter and 2.0% compared to the same quarter a year ago.

A big order could completely transform your business but there’s a limit to how much anyone (or any small business) can handle. BDO partner Dr Mark Pizzacalla and Total Image Group CEO Pamela Jabbour discuss preparation, parameters and being strong enough to say ‘no’.

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

Business conditions at record levels.

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.

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.

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.

Business conditions come off the boil, but still hot.

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

Watching women’s disappointment when she prescribed therapeutic shoes for their problematic ankles and feet inspired Brisbane podiatrist Caroline McCulloch to create a range of footwear that’s as stylish as it is comfortable.

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).

Last month’s surprise spike in business conditions was more than unwound in November, although that was partly expected.

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

Spending growth slows but “experiences” continue to out-perform.

A shopfront to the world: how Amazon’s arrival could spell opportunity for Australian retailers.

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

Business conditions hit an all new high in October.

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.

Business conditions are strong, but retail is still a significant concern.

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.

Consumers spending their disposable dollars on experiences

With technology developing at an unprecedented pace and customer expectations constantly evolving, business survival is dependent on understanding and adapting to this changing landscape.

At last count, the Australian pet industry was estimated at $8 billion. Business View looks at the changing nature of pet ownership and talks to three businesses tapping into the trend.

Business conditions are strong. Confidence takes a hit. Some signs of inflation pressure.

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

Australian fashion house Misha Collection has risen to international status within the space of three years. Fundamental to its success has been the approach of its founder, Michelle Aznavorian, a 27-year-old who has put her personal brand at the core of the company’s strategy.

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

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

Business conditions hit another multi-year high, with most industries performing well. Stronger trading conditions (sales) and profitability drove the improvement, while employment conditions were steady.

Online sales growing over the year, rebound in the month

Financial anxiety eases but 4 in 10 consumers still experienced some form of financial hardship in the last 3 months. Financial anxiety continues to be a bigger issue for young people (particularly women) and low income earners.

NAB’s Consumer Anxiety Index - which measures concerns about future spending and savings arising from job security, health, retirement, cost of living and government polices - fell to a survey low 55.9 points in Q1 2017 (58.7 in Q4 2016).

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

What does it take to make it in online retail? The ability to put your head down, take risks and follow your vision, says THE ICONIC CFO Anna Lee.

Fashion and design identities share their business tips at the Virgin Australia Melbourne Fashion Week Business Seminar, supported by NAB.

Global e-commerce and multichannel retailing expert Martin Newman shares his tips on how to build a better e-commerce business.

Insights on how to use digital from fashion leaders at the Fashion Industry Forum, supported by NAB and part of the Virgin Australia Melbourne Fashion Festival.

When Rachel Muscat was talking to Pharrell Williams about collaborating on a new pair of Adidas sneakers, discussions were going well – until the singer dropped a bombshell.

Ethical fashion is the right thing to do and also makes good business sense, guests were told at a Fashion Festival forum on responsibility and transparency in fashion.

Online sales slower over the year and month.

No room left at your local hairdresser? Men, it’s time to pamper yourself.

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

New data released by NAB today indicates that spending on consumption-based goods and services by NAB customers grew 3.1% over the year to Q4 2016.

Digital economy opening new opportunities for successful careers.

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

How to make your social media presence work for you in 2017? Edible Blooms founder Kelly Jamieson shares seven ways to a better social media strategy.

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

Overall consumer anxiety eases a little more in Q4, but our spending behaviours are still yet to respond.

Talk of oil cuts has been enough to see prices rise again overnight, up 15% this week. So what’s it doing to bond yields and the US dollar?

When she couldn’t find what she wanted for her baby, Mirabai Winford decided to go out and create it herself.

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.

Consumer anxiety eases as concerns over jobs, the cost of living and government policy continue to moderate.

The results from this month’s survey remain broadly consistent with our prior view of the economy and the near-term outlook. It points to a patchy, but sustained, improvement in the non-mining economy, with the major services sectors and construction leading the way.

Listening to their customers’ needs and responding has helped husband and wife team Anoop and Fiona Anchal build a successful business specialising in custom-made corporate uniforms.

Online sales down by 0.36% in July 2016

We review July conditions and recommend overweight exposure in cash and alternative assets, with underweight positions in fixed interest, property and Australian equities, while keeping neutral exposure to international equities.

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.

This is the sixth in a series of reports prepared by the Australian Centre for Financial Studies for National Australia Bank aimed at explaining the potential role of corporate bonds in retail investor portfolios and promoting growth of the corporate bond market.

This NAB special report provides a unique insight into Australia’s start up culture. It explores the latent desire of many budding entrepreneurs (both younger and older) to start their own business.

Rob Cromb has presided over the evolution of Kookai in Australia, from its early years as a Parisian label imported on consignment to its current incarnation as a local designer, manufacturer and retailer.

Consumer anxiety has now fallen for each quarter over the past year, as Australians respond to sustained improvements in the labour market and recovery in the non-mining economy.

Online sales increase 2.0% in May 2016

Jeremy Meltzer is the founder of i=Change, which gives participating online retailers an easy way to donate money from every sale. He came up with the idea of giving $1 from every sale to a development project while in New York promoting Yellingbo Gold.

Oscar de Vries is the entrepreneur behind OSCAR RAZOR, a subscription-based model that home delivers German-made razors and shaving products.

Online sales increase 0.3% in April 2016

Consumer anxiety has now fallen for its third quarter in a row as recovery in the non-mining economy supports the labour market.

Online sales increase 0.8 % in February 2016.

Designer Yeojin Bae never really intended to become a business owner, so when she ended up running her fashion label she had a lot to learn. She shares tips for start-ups.

Melbourne Fashion Festival chief executive Graeme Lewsey reveals all the planning that goes into making sure it’s alright on the night - the models and fashion houses, set builders, sound and lighting, caterers, makeup artists and drivers.

When Peter Alexander started his business, he always had a Plan B. Alexander says planning for the worst allowed him to focus on the future of his business, which now turns over $150 million a year, has close to 100 retail outlets and is planning to expand overseas.

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

With the mining boom at an end, the dining boom has certainly fuelled the Australian agricultural sector. This sector is 5 percent of the Small Ordinaries and has been a source of great returns over the past few years.

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.

In this video Cindy Batchelor, NAB Business Executive General Manager, discusses why innovation is so important for business.

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

The NAB Quarterly Australian Behaviour Survey (formerly NAB Consumer Anxiety Report) shows consumer anxiety falling again (and to its lowest level since Q4 2014), amid more signs of improvement in the labour market and non-mining segments of the economy.

From real-time payment processing to seamless reconciliation, the New Payments Platform (NPP) will transform the way we transact and do business. Eric Tsang, Head of Group Payments Development at NAB, discusses the potential of this world-leading Australian initiative.

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.

The RBA Board is sure to leave the cash rate at 2% on Tuesday and their Statement is likely to again signal a very modest easing bias. Absolutely no intent, but nonetheless an acknowledgement that if needed they still have 200bps of interest rates to play with.

The Economist this week carries a topical article on commodities, “Goodbye to all that: a decade of binging on raw materials may leave an even longer hangover”, outlining the pressure on producers now from declining prices.

Noteworthy developments last week from the RBA, were: (i) the Deputy Governor attribute most of the recent increase in Australian house prices to an increase in land prices; and (ii) Assistant Governor Chris Kent add the composition of recent Australian growth (and possible mismeasurement issues for services growth) to the list of explanations as to why Australian employment and unemployment outcomes had outperformed expectations despite as expected relatively slow GDP growth.

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.

Event risk aplenty this week with the RBA August Board meeting tomorrow, Friday’s RBA Statement on Monetary Policy (SoMP) and key economy reports. Among those data points, the most market sensitive is tomorrow’s retail sales along with a wider trade deficit.

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.

Lisa McGuigan’s eponymous wine label really took off when she secured a deal to create wine for Jetstar’s inflight service. Now her wines are stocked by 350 retailers and restaurants across Australia. She shares her story and next big step: selling her wine into overseas markets.

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.

2015 could be a good year for smaller businesses. Dean Pearson, NAB’s Head of Industry Analysis, looks at opportunities sector by sector, suggests ways to make the most of them and explains how technology is helping to level the playing field for SMEs.

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.

After 24 years in business Collette Dinnigan took the bold move of restructuring her business so she could focus on the purely creative elements of being a designer and devote more time to her young family. One year on, she reflects on her decision.

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).

Since 2008, Erica and Trudi’s online gift site has grown to represent more than 700-curated sellers offering 25,000 products. Recently named by SmartCompany as Australia’s seventh fastest growing small business in 2013-2014, the two owners share a day in the life of running hardtofind.

Australian retail sales rose 0.4% in July, a good result that builds on the 0.6% growth in June. We were expecting a stronger gain but it nevertheless reaffirms that the negative impact from the Federal Budget on retail spending in May was temporary.

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.

Australia’s Federal system of Government makes State Governments a critical part of the overall fiscal and economic performance of Australia. This handbook is intended to provide a comprehensive update and reference tool on both the economies and fiscal finances for each State.

The Winter edition of Talking Shop covers a range of topics designed to help your business prepare for a successful festive season including keeping your business safe, accepting UnionPay and harnessing the power of Facebook. There’s also tips for making the switch to PIN.

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

The Wine Liquidation Centre promoted a flash sale on Facebook for the first time, and it delivered $7,000 worth of sales in the first 24 hours! With help from Tiger Pistol, they also noticed an increase in foot traffic at their warehouse sales and in subscriptions to their newsletter.

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

Facebook can be good for business, but many business owners aren’t sure how to use it effectively. Steve Hibberd, co-founder of Tiger Pistol, discusses ways to make the most of Facebook by getting your message to the right people, as well as a special offer for NAB Business customers.

In this edition, Business View magazine highlights the success of businesses working with, inspired and supported by family. Our cover story features how Mildura Brewery owners Stefano de Pieri and wife Donata Carrazza successfully blend family and business.

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.

Our leading team of economists have broken-down how the 2014 Federal Budget impacts Australian small business. As well as analysis, we outline the key initiatives and how the industry is responding.

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.

When running a business it’s important to understand your obligations in relation to domestic and international sanctions and embargoes, and how they may potentially impact your business before entering into arrangements with offshore customers and/or their agents.

China is the world’s biggest market for red wine at 1.87 billion bottles in 2013. Australian wine producers are invited to experience first-hand Chinese tastes, the local industry and build valuable contacts with a wine study tour to China and Hong Kong.

Discount sales strategies have become commonplace across Australia as cost-conscious consumers are herded into shops by big signs promising reductions and great deals. But here are five strategies to boost your local sales without slashing prices.

In 2014, Asia will lead the way with outbound tourism growing by 7.9% according to The Economist Intelligence Unit. Whilst tourism worldwide will grow by a strong 5.3% in 2014, the biggest increase since 2010.

More than $1trn will be spent on hardware, including telecommunications gear, in 2014 with tablets expected to grow by 40%, according to The Economist Intelligence Unit. Salesp