Buried in yesterday’s very upbeat business confidence and conditions survey from the National Australia Bank was a surprisingly negative forecast on house prices for 2010.
Business confidence
NAB survey: Economy gathering pace
Is it time to take the foot off the stimulus pedal? Today’s NAB business survey reveals what it calls the “remarkable ongoing strength” in business confidence and there’s been a rapid rise in business conditions.
Business gets a little less confident
The recent strong surge in business confidence has ended with the National Australia Bank reporting a small dip in the September reading today.
Carving out another notch on the recovery belt
All the negative talk of the economic slowdown has been temporarily silenced by another sharp improvement in business confidence, according to the latest NAB business survey.
The Dyer Index: Black is back for GDP
Business conditions are looking up with business confidence bouncing back to nearly its long term average, the latest NAB survey finds.
Business confidence on the up as NAB breaks ranks
Enjoy the return to the good times, because according to the NAB, conditions could very well turn down again later this year and into 2010.
Business confidence back on the up and up
Business confidence is riding high thanks to a free-spending federal budget, booming growth, the stockmarket and commodity rally.
Business confidence falls back to earth
The latest business confidence figures suggest a case of easy come, easy go for the Australian economy, writes Glenn Dyer.
Eurozone economy: Situation critical
In Europe is now becoming slowly clear that the recession is much deeper serious than first thought, writes Glenn Dyer.
Confidence up, confidence down: Our bipolar economy
We are seeing an economy where business and consumers are starting to take divergent views, writes Glenn Dyer.
Business confidence plumbs record depths
The latest business confidence figures come as the Australian economy continues its contraction — and there could be worse to come, writes Glenn Dyer.
Corporate confidence stays in a hole. Phew.
Corporate confidence in the future of the economy has again fallen, according to the latest Business Confidence Survey from the NAB, reports Glenn Dyer.
Unemployment beyond 5%? Just what the RBA ordered
The Reserve Bank and some of the more hawkish business economists and commentators might rue the day they weighed into the Australian economy with a club, writes Glenn Dyer.
Happy Christmas: Retail sales hold the key
Naughty Australian shoppers kept their wallets open in December and spent up big for the festive season, writes Glenn Dyer.
The Economy: Business confidence up
Wall Street recovered overnight, following the Australian market’s relatively strong performance yesterday. Perhaps this will come to be seen as a small correction, with no need for the shoal of local economists to switch directions on interest rates (again) like a shoal of sardines sensing a predator.
