National Australia Bank 's September Business Survey is due for release on Tuesday 9 October
NAB provide some comments but emphasize they are not giving any clues on the result:
- The NAB Survey has been (even more) carefully watched by markets recently amid heightened trade tensions and a moderating housing market as well as a very modest leadership spill effect last month. (There are no prospective clues here!)
- As such, September NAB Business Conditions will be dissected for any signs whether such risks are affecting the broader economy
- Also important will be the latest read on Employment conditions and Labour Costs in the Survey. These indicators are all the more important given the RBA's focus on how the labour market tightening is translating ingot wages growth
