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Showing 11 - 20 of 98 results for "NAB Business"

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
... forward. How good is that? Well, it's so good that Australian business confidence remain on the up and up. The NAB business confidence index rose to an 11-month high of +16 in February, "with all states and industries reporting gains, except for ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... and before the vaccine reached Australian shores - was that both business and consumer confidence were back. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average of +6 and despite ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
... owing to rising share and property prices -- are spending consumers that, in turn, lifts business confidence. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average of +6 and despite ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
... spending consumers. This makes it hardly surprising that Australian businesses have also become more confident. The NAB business confidence index jumped by five percentage points to a reading of +10 in January - above its long-run average of +6 and despite ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... reading in more than a decade (117 in October 2010 based on FactSet data). Business confidence is also on the rise. The NAB business confidence index jumped nine percentage points to a reading of +12 in November - double its long-run average of +6 and ...

Chief economist update: Letter V going viral in Australia

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2020
... you see what I see?" The letter V is going viral in Australia (pardon the pun). It was most recently seen in the NAB Business Survey for October, underscored by the sharp rebound in business confidence and business conditions. Australian business confidence ...

Chief economist update: Budget me this Batman

BENJAMIN ONG  |  MONDAY, 12 OCT 2020
... September from 37.9 in the previous month, aided by the Morrison government's "Homebuilder" programme. The latest NAB business survey showed that Australian business confidence improved but remains where the net balance of responses show pessimists ...

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... Hemisphere spring season, latest surveys showed both business and consumer confidence in Australia springing back up. The NAB business confidence index improved to a reading of -8 points in August from -14 in the previous month. The August figure is ...

Chief economist update: Australian Renaissance

BENJAMIN ONG  |  MONDAY, 15 JUN 2020
... US. The latest improvement in both business and consumer confidence substantiates the OECD's projections. The NAB Business Survey showed that business confidence has steadily improved from -65 in March to -45 in April to -20 in May. Similarly, consumer ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... wave - would also help. This is reflected in the recent sharp improvement in business and consumer confidence -- the NAB business confidence index rebounded to a reading of -46 in April from -65 in March; the Westpac/Melbourne Institute Index of Consumer ...