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Showing 31 - 40 of 98 results for "NAB Business"

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
... stock 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 ...

Chief economist update: Hard target

BENJAMIN ONG  |  WEDNESDAY, 10 JUL 2019
... at 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 ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... index that 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
... isn't a good 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 ...

Chief economist update: Low unemployment, low wages growth conundrum

BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... consumer 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
... others continued 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 ...

Chief economist update: Anatomy of an RBA rate cut

BENJAMIN ONG  |  WEDNESDAY, 30 JAN 2019
... would be forced 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
... growth, declining 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 ...

Chief economist update: Confidence down, conditions up

BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... second quarter, 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 ...