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Showing 31 - 40 of 193 results for %22NAB Business Survey%22

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: 'Paradox of Thrift' in action

BENJAMIN ONG  |  THURSDAY, 12 SEP 2019
... peers had and that we were also supposed to have. Fast forward to yesterday's consumer sentiment data and the NAB business confidence survey released a day earlier - both showed continued deterioration. While the RBA had already sounded the alarm ...

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: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... guess! Still, recent survey and eco data releases indicate that, we'll be right mate. The National Australia Bank's (NAB) Business survey shows business confidence improved from 2 in June to 4 in July (albeit still below its long-run average ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
NAB named a former Commonwealth Bank executive as its new group chief executive and managing director. Ross McEwan will take over the top job no later than April 2020, the group announced today. McEwan has been chief executive of Royal Bank of Scotland ...

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 ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
... 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 than ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... 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 business ...