Economy

Latest News

  • Media Release

What’s going on in the Australian workforce?

New workplace data from NAB shows the ‘great resignation’ continues, a rising cost of living is ensuring salary is the top focus for jobseekers and men are more likely to ask for a pay rise. 

  • 02.03.2023
  • Time to read 3 min read
  • Environment

Resetting the conversation on climate

NAB Chair, Phil Chronican, sat down with The Australian’s Eric Johnston to share his perspective on the bank’s journey to support customers in the transition to net zero emissions and the need to reimagine Australia’s economy in 2050.

  • 24.02.2023
  • Time to read 2 min read
  • Economy

Money buys love on the most romantic day of the year

Romance is alive and well with NAB data showing Australians spent more than $849 million at restaurants, jewellers and florists during this year’s Valentine’s Day celebrations – up 7% on the year prior.

  • 20.02.2023
  • Time to read 1 min read
  • Personal finance

Savvy Australians expecting to earn, save more to counter cost-of-living

NAB data released today reveals that over the next 12 months a quarter of Australians expect to earn more, and three quarters are aiming to save more money, but the rising cost-of-living is causing increasing concern.

  • 17.02.2023
  • Time to read 2 min read
  • Personal finance

‘Thoughtful spending’ changes the face of household budgets

NAB data released today reveals Australians are still spending but they’re now making deliberate changes in their discretionary purchases to contend with a rising cost of living.

  • 06.02.2023
  • Time to read 1 min read
  • Business

Black Friday and Cyber Monday sales top $7 billion

Australians spent more than an estimated $7.1 billion across the four-day Black Friday and Cyber Monday shopping event, new NAB transaction data shows.

  • 30.11.2022
  • Time to read 1 min read
  • Economy

NAB CEO talks labour shortages, scams and cyber security on 3AW

NAB CEO Ross McEwan spoke to 3AW Mornings Host Neil Mitchell on 16 November 2022.

  • 16.11.2022
  • Time to read 8 min read
  • Economy

Australian businesses still struggling to fill jobs

Australian business owners are yet to see an improvement to the labour shortage issue, and some believe it has got worse, new NAB research shows.

  • 16.11.2022
  • Time to read 2 min read
  • Business

Businesses support Australian made to ease supply chain pressure

One in two business owners would increase their use of Australian-based suppliers to tackle the country’s ongoing supply chain issues, new NAB research shows.

  • 14.11.2022
  • Time to read 1 min read
  • Budget

NAB CEO on 2022 Federal Budget

Following the October 2022 Federal Budget NAB Group CEO, Ross McEwan commented on the Government’s commitments.

  • 26.10.2022
  • Time to read 1 min read
  • Budget

NAB CEO on the upcoming Federal Budget

NAB CEO Ross McEwan commented on the economy ahead of the Federal Budget announcement on Tuesday. 

  • 24.10.2022
  • Time to read 1 min read
  • Economy

NAB CEO addresses Trans-Tasman Business Circle

NAB CEO Ross McEwan today spoke at the Trans-Tasman Business Circle in Wellington.

  • 18.10.2022
  • Time to read 10 min read
  • Business

Grand Final boom for businesses this long weekend

NAB data reveals Victorians are set to spend more than $294 million in restaurants and pubs this week – a 38% increase from 2019 – as the AFL Grand Final returns to Australia’s sporting capital for the first time since the pandemic.

  • 22.09.2022
  • Time to read 1 min read