Australian consumer spending rose 1.2% in June and 6.8% over the year, while spending excluding fuel was up 1.4% in the month and 7.1% year-on-year, according to the latest NAB Consumer Spend Trend.
Fear & Greed: Business confidence is recovering, but don't celebrate yet - NAB
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Q&A with NAB Senior Economist Taylor Nugent
In this episode, Sean Aylmer speaks with Taylor Nugent, Senior Economist at National Australia Bank, about the latest NAB Business Survey and why business confidence has rebounded, what capacity utilisation says about inflation pressures, and why conditions on the ground remain weaker than average.
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