Both small business confidence and conditions continued to fall during the December quarter, according to the latest results from a regular NAB survey.
Economic news has been largely doom and gloom over the past few years, but there are five reasons the Australian economy is moving toward happier days.
Online retail growth took a dip in December compared to the previous month, according to new figures, but an economist has played down concerns that eCommerce spending is on the slide.
A spokesperson for Spanish bank Banco Santander has denied speculation it is in talks to acquire the UK assets of NAB.
Generation X remains the key generational group for online spending, according to analysis by NAB, with an industry expert attributing the finding to Gen X’s easy access to technology.
Business confidence has fallen to its lowest level since April 2009, NAB’s Monthly Business Survey reveals, with the bank warning there is little hint of a pre-Christmas revival.
The US has its ‘fiscal cliff’– but Australia has its own version, according to the chairman of NAB, who has claimed the country is set for a “growth cliff” following the end of the resources boom.
Workplace laws, red tape and skills shortages are the main reasons behind a decline in business confidence, according to a new survey of company directors.
Home owners may have breathed a sigh of relief this past weekend after three of the major banks passed on a rate cut last Friday, but business owners have received mixed messages on whether they'll receive any benefit.
If you’ve ever wondered which Australians spend the most amount of money online, now’s your chance to find out.
Mining billionaire Gina Rinehart has threatened to sell her shares in Fairfax if she is not offered director positions at the business “without unsuitable conditions”.
Business groups are urging the Commonwealth Bank and NAB to withhold interest rate hikes after increases from ANZ and Westpac, warning it could shatter the confidence of small firms.
Retail and hospitality businesses relying on weekend trade look set for quicker access to their funds, with two of the major banks moving to same-day settlement, seven days a week.
Confidence in the manufacturing industry has continued to plummet with profitability and employment declining, but the transport, utilities, personal services and recreation sectors are enjoying improved conditions, according to the latest NAB monthly business survey.
Australia’s unemployment rate rose unexpectedly in July to its highest level since November last year, with economists warning it could rise further as market fears set in.
A new report reveals Westpac is still the most popular major bank among business customers, but remains well behind smaller lenders including Bendigo and Adelaide Bank, and Macquarie Bank.
Australian companies with operations in northern Japan appear to have escaped relatively unharmed from Friday’s earthquake and tsunami, but the widespread disaster is expected to have a severe economic impact.
Start-ups look set to be a beneficiary of a new battle for share in the mortgage market, after NAB offered to pay $700 towards the exit fees of customers switching from Commonwealth Bank or Westpac.
A new report reveals business customers were less than impressed with the big banks in November, with ratings falling for the first time in six months.
The backlash against the National Broadband Network’s business plan has already begun, with claims that the scheme’s profit margins will not be sustainable.