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Showing 11 - 20 of 63 results for "NAB Business Survey"

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... efforts succeed in extending the country's 29 years of no recession into 30 years. The latest reads from the NAB Business Survey and the Westpac/Melbourne Institute clearly shows waning confidence. The NAB business confidence index fell to a reading ...

Chief economist update: Aussie employment rises... but so does our unemployment rate

BENJAMIN ONG  |  FRIDAY, 21 FEB 2020
... six months - continues to decline, dropping by 11.8% in the year to January. The employment sub-index of the NAB Business Survey declined to a reading of +1 in January from +4 in November and December last year. Then there's this from news.com.au ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... official cash rate from 4.75% in 2011 to what was then the record low of 1.5% in August 2016." The recent NAB Business Survey indicates that RBA Governor Lowe still can't make the horse drink. The NAB survey is consistent with the bi-annual survey ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... Markets are currently pricing another rate cut by February 2020 or as early as December this year. November 12: NAB Business Survey. November 13: Westpac-Melbourne Institute index of consumer sentiment (along with retail sales - released on November ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... outcomes by raising the level of pessimism among Australian businesses and consumers as evidenced by the latest NAB Business survey and the Westpac-Melbourne Institute consumer sentiment index. And of course, there was also the better-than-expected employment ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
... by a total of 50 bps to 1.0% and before the October rate reduction to 0.75%. This is also in line with the NAB business survey that showed business confidence dropped after the RBA's rate cuts in June and July from +4 in July to +1 in August and ...

Chief economist update: Negative bang for RBA, government's buck

BENJAMIN ONG  |  THURSDAY, 10 OCT 2019
... 3.5% and housing credit growth continuing to slow to 3.1%. No wonder business confidence is also down. The NAB Business Survey shows that business confidence fell to a reading of zero (0) in September from 1 in the previous month - below the long-run ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... remains 3.7% below 2018-19's full year actual capex of A$117,793 million. This is consistent with the latest NAB business survey that showed business conditions and confidence both rise in capex expectations could be linked to the recent NAB business ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... market 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 July ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... 1.4%. 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 ...