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NAB Archives

Cyber Week spending stays flat on record-setting 2020: CBA

“It was great to see people out and about making the most of bargains as well as spending big online.”

Retail sector can expect a consumer rebound through November – NAB

"Our data now indicates that lockdown-affected areas are turning a corner.”

Retail’s sales bump likely to trail off if wages stay low: NAB

“The Australian economy continues to outperform expectations… however, wage growth is yet to see a sustained uptick from...

February cashless retail sales suggest a return to normality: NAB

However, given the volatility seen in the retail industry in the last year, NAB’s chief economist Alan Oster said the re...
Image of a woman wearing a face mask at a cafe

Business conditions improve in December, though confidence still muted

According to NAB the result is based on a rise in employment conditions, with recent official job data “very encouraging...

Customer anxiety easing, though shopping behaviour remains changed

NAB's customer anxiety index shows Aussies are getting less conservative with money, but well below prior levels.
Image of Chadstone shopping centre

Vicinity valuations fall as retail confidence remains fragile

NAB warns confidence rebound requires economy-wide recovery.
Emporium Melbourne Vicinity Centres

Business conditions improve in May, though still remain in GFC levels: NAB

Some sectors, including retail, saw a modest improvement due to customer behaviours.

Retail sales miss expectations in September

$22.4 billion in tax refunds aren't reaching retailers.

Business conditions deteriorate again

Retail fell "well below average" and is one of the weakest across all industries, says NAB.

Retail industry “clearly in recession”: NAB

Industry conditions have fallen to levels not seen since the GFC.

“Little improvement on horizon” for retail: NAB

Monthly survey shows declining business confidence and conditions.

Online retail sales dip in December

Retailers saw online sales dip in December, after big November.

Consumer spending slows amid falling confidence

But retail saw the second biggest gain in the month.

Retail conditions falling behind other industries

Reports paint a gloomy picture for retailers.

NAB sorry for nationwide banking outage

Power issue blamed for series of faults.

Online retail sales growth slows, retail turns negative

NAB tracks "concerning" signs for the retail sector.

NAB forecasts stronger retail growth on uptick in card activity

Stronger card spending a good sign for the sector, economists say.

Retail ‘weak’ as business conditions lift

Aussie retail conditions trending lower despite improved confidence in all other sectors.