Skip to main content
All Posts By

MAS Online

NAB Monetary Policy Update

By News No Comments
Key points We now expect the RBA to remain on hold at the February meeting, with the current cash rate of 4.35% now expected to be the peak. The RBA is then expected to remain on hold until November, before gradually cutting rates by 125bps bythe end of 2025 taking...
Read More

NAB Online Retail Sales Index

By News No Comments
Key Points On a month-on-month, seasonally adjusted basis, growth accelerated in October (3.3%), following on from a significantly revised September estimate (0.7%, was 2.9%). In year-on-year terms, growth accelerated again in October (9.6% y/y), albeit on a downward revision to the September estimate. Broad-based growth in October by category, with...
Read More

The Forward View: Australia Oct 2023

By News No Comments
Overview NAB Economics · NAB Economics Forecast Update - October 2023 Our forecasts are unchanged this month with official data, the NAB business survey and our internal transactions data all pointing to ongoing resilience in aggregate. • That said, with the ongoing pass through of higher rates and inflation still...
Read More

US Economic Update 10 October 2023

By News No Comments
Overview • Upwards revisions to past data for household income and profits, as well as partial data pointing to strong growth in Q3, see us revise up our outlook for GDP growth out to mid-2024. • For the full year, we see GDP growth of 2.3% (from 2.1%) in 2023...
Read More

The Forward View: Global

By News No Comments
Overview Fears around the US banking sector have eased since mid-May, with central banks’ focus returning to inflation (around 6.3% yoy in April) that remains well above target ranges. The ECB hiked in June, and while the US Fed paused, both banks are likely to increase rates in July. While...
Read More

NAB Commercial Property Survey 2022 Q4

By Economic Outlook No Comments
NAB Behavioural & Industry Economics The NAB Commercial Property Index improved in Q4, but is still negative overall and trending well below the survey average. The improvement largely reflected booming conditions in Industrial property markets, as conditions weakened for both Office and Retail property. With interest rates continuing to climb,...
Read More