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Showing 21 - 30 of 215 results for "business conditions"

Chief economist update: Australian pessimism eases

BENJAMIN ONG  |  THURSDAY, 10 SEP 2020
... across industries outside of the mining sector". Outright not good though is the latest reading on Australian business conditions - the index fell back to a reading of -6 from 0 in July, driven by declines in employment (-11 points), profitability (-4 ...

Chief economist update: Second wave turning our V into a W

BENJAMIN ONG  |  FRIDAY, 21 AUG 2020
... a tad to a preliminary reading of 53.9 in August from July's final reading of 54.0. According to CBA: "Business conditions in the Australian manufacturing sector improved further in August, with the rate of improvement largely unchanged on July. ...

Chief economist update: Forecasting is futile

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2020
... Confidence is now negative in all states except WA and Tas, with NSW and Vic significantly weaker than the rest." Business conditions improved to a reading of 0 from -8 in June, but as NAB Group chief economist Alan Oster explains: "It may reflect activity ...

Chief economist update: Flattening the rebound

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2020
... restrictions in Australia that defrosted social and commercial activity has had their desired effect - rebounding business conditions and confidence - and the feared one -- a second wave. The NAB monthly business survey showed that business conditions ...

Chief economist update: Surveys say...

BENJAMIN ONG  |  FRIDAY, 17 APR 2020
... condition. Business confidence plunged to a record low minus 66 in March from minus 4 in the previous month. Business conditions dove to minus 21 from 0 in February. All the sub-indices plummeted: trading conditions (-19 in March from +4 in February) ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
... index fell to a reading of -4 in February from -1 in the previous month, its lowest level since July 2013. Business conditions declined to 0 from +2 due to weaker trading conditions and profitability....and this was before the coronavirus turned into ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
The National Australia Bank's (NAB) latest Business Survey report shows business conditions remained unchanged at a reading of +4 in November (from October) but business confidence fell to a reading of zero, negating October's two-point increase ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... 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 survey that although business conditions ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
With business conditions and confidence like it is, the Reserve Bank of Australia (RBA)'s full employment target just got a little harder to meet. Recall that in his speech at the RBA board dinner with the business community on June 4 - the night ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... 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 confidence surged (due ...