Search ResultsShowing 1 - 10 of 46 results for "NAB Business Survey"
Chief economist update: A case for optimism
BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... is up, and there are positive whispers over a US-China trade deal. But we're not! A day after the NAB Business Survey showed a sharp drop in business confidence in June, Westpac's Consumer Sentiment Survey - conducted in the week of ...
Chief economist update: Hard target
BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... The annual growth in wages remained stuck at 2.3% over the past three quarters to March 2019. The latest NAB Business Survey - conducted from June 18 - 28 (two weeks after the RBA first took down rates from 1.5% to 1.25%) - provides no reason for ...
Chief economist update: Another rate cut on the cards
BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... showed unemployment expectations increased by a whopping 5.1% in June from the previous month and the NAB Business Survey that found that while"the employment index rose to its average level in the month [of May]," it "remains notably weaker ...
Chief economist update: Australian bull market here we come
BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... omen for business profitability - that, which drives stock market prices. This is captured by the latest NAB Business Survey that showed business conditions weakened in May due to big drops in trading conditions and profitability. While business ...
Chief economist update: Low unemployment, low wages growth conundrum
BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... confidence survey showed improved consumer unemployment expectations in May, the employment index in the NAB business survey dropped from a reading of +6 in March to -1 in April. Australian consumers can be as positive on the outlook of them ...
Chief economist update: No credit to the RBA
BENJAMIN ONG  |  MONDAY, 1 APR 2019
... their slowing trend. As an aside, the pick-up in business credit is inconsistent with the most recent NAB business survey that showed sharp decline in both business conditions and business confidence over the same month. Housing credit slowed ...
Chief economist update: Anatomy of an RBA rate cut
BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... into a counter-offensive had been growing over the past few months. The latest instalment being the NAB Business survey that showed while business confidence remained unchanged at a reading of +3 in December 2018, it had been below its ...
Chief economist update: The angel in the capex details
BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... property prices and weak consumer spending. The rise in capex expectations could be linked to the NAB business survey that although business conditions eased in October, the reading of 12 remains more than twice its long-run average of ...
Chief economist update: Confidence down, conditions up
BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... adding 0.4 percentage points to growth. The strength in household consumption is also evident in the NAB business survey's price indices that showed retail prices accelerating at a quarterly rate of 0.9% in August from 0.5% in July and ...
Chief economist update: Should have sold in May and gone away
BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... while not strong, are decent enough to push corporate profits higher. This is underscored by the NAB business survey released in early May that showed business confidence rose by two points to a reading of +10 in April (above the long run ...
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