Economy

Latest News

  • 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
  • Climate

NAB CEO talks climate, rates, inflation, jobs & skills on ABC Radio National

NAB CEO Ross McEwan spoke to ABC Radio National this morning to launch new research revealing the economic opportunity in Australia’s transition to a net-zero economy by 2050.

  • 28.07.2022
  • Time to read 9 min read
  • Climate

Spending $20 trillion differently: Australia’s opportunity in a low emissions world

New research ‘All Systems Go’ by Deloitte Access Economics, commissioned by NAB, reveals the economic opportunity in Australia’s transition to a net-zero economy by 2050.

  • 28.07.2022
  • Time to read 3 min read
  • Business

Four in ten businesses significantly impacted by labour shortages

New research by NAB reveals almost four in 10 Australian small and medium enterprises (SMEs) believe labour shortages are having a ‘very significant’ impact on their business.

  • 20.07.2022
  • Time to read 2 min read
  • Business

Invoice finance keeps the economy moving despite supply chain constraints

Recent NAB data shows the number of customers using invoice financing – which allows businesses to borrow against unpaid customer invoices – has grown by 22% over the past year, a post-Covid high with an average of 1 million invoices being paid each month, helping ease the burden of slower supply chains.

  • 27.06.2022
  • Time to read 2 min read
  • Business

Businesses call for local manufacturing to crack supply chain issues

New research by NAB reveals that 70% of Australian small and medium enterprises (SMEs) believe that greater investment in local manufacturing facilities is needed to relieve the country’s ongoing supply chain challenges.

  • 06.06.2022
  • Time to read 2 min read
  • First home buyers

NAB CEO addresses AFR Banking Summit

NAB CEO Ross McEwan highlighted Australia’s chronic lack of social and affordable housing, and what can be done about it, in a wide-ranging speech on May 31.

  • 31.05.2022
  • Time to read 5 min read
  • Half Year Results

NAB invests to grow as economy rebounds

Economic conditions have contributed to NAB’s Half Year Results, with NAB recording its fastest business lending growth since the GFC.

  • 05.05.2022
  • Time to read 1 min read
  • Business

Urban Alley ‘Knox’ on new doors

A Victorian brewery’s expansion plans are part of a trend sweeping across Australian pubs.

  • 05.05.2022
  • Time to read 2 min read
  • Property

NAB Residential Property Survey Q1 2022

Housing market sentiment buoyed by growing rents as prices slow, but confidence slips as expectations for price growth is scaled back.

  • 21.04.2022
  • Time to read 2 min read