Search ResultsShowing 1 - 10 of 51 results for "NAB Business 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
... 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 survey ...
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
... 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 optimism ...
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
... 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 confidence ...
Chief economist update: Low unemployment, low wages growth conundrum
BENJAMIN ONG  |  THURSDAY, 16 MAY 2019
... 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 finding ...
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