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Showing 1 - 10 of 280 results for "Business Survey"

Cash rate hits 4.1%

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
The Reserve Bank of Australia (RBA) has hiked rates by another 25 basis points to bring the official cash rate to 4.1%. Many experts fear that Australia is teetering on the edge of a recession and that the latest decision by the nation's central bank ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... meaningfully peaked." Previous data released that have also helped shape the RBA decision are the March NAB Monthly Business Survey, February labour force data and February retail trade data. Miller said the first two key pieces of data unmistakably ...

RBA rate rises up in the air: Economists

CASSANDRA BALDINI  |  FRIDAY, 24 MAR 2023
... outlook provided by Aird, he said two out of four domestic data releases have so far been published. "The NAB Business Survey was robust and the unemployment rate dipped to 3.5% in February from 3.7% in January," he said. The February retail trade and ...

Inflation erodes retiree savings by 7.5%

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
The rising cost of travel, fuel and many food staples continue to aggravate the quality of living for retirees as inflation leapt 7.5% in the last year. Oils and fats (20.8%), domestic travel and accommodation (19.8%), milk (17.9%), gas (17.4%), fuel ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
... have important data on employment, another monthly inflation indicator, more detail on retail spending and the business survey." "If collectively they suggest that the right thing is to pause, then we will do that. But if they suggest we need to keep ...

Business confidence, conditions rally: NAB

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
National Australia Bank's (NAB) latest business survey reported business confidence has risen above average levels and conditions have strengthened. Business confidence bucked a trend of steady monthly declines, rising seven index points. NAB called ...

Rate rises more likely after unemployment plunge

ANDREW MCKEAN  |  FRIDAY, 15 JUL 2022
... "The drop in the unemployment rate (and underutilisation rate over recent months) - as well as record highs in business survey measures of capacity utilisation, labour costs and selling prices - indicates extreme tightness in both labour and product ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
... circumstance. This is underscored by the latest improvement in domestic business and consumer sentiment. The latest NAB business survey showed that both business conditions and confidence rose sharply in October from November as the lockdowns in New ...

Economic recap: Week to August 13

BENJAMIN ONG  |  MONDAY, 16 AUG 2021
... will be. The lockdowns have already taken a significant toll on business and consumer confidence. The latest NAB Business Survey shows that both business confidence and conditions plunged in the month of July. Australian business confidence dropped by ...

Economic recap: Week to July 16

BENJAMIN ONG  |  MONDAY, 19 JUL 2021
... rising cases in NSW and the early part of the subsequent lockdowns both there and in other states", the latest NAB business survey revealed both conditions and confidence taking a hit. Business confidence nearly halved to +11 in June from +20 in May. ...
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