{"id":440051,"date":"2026-01-27T05:43:10","date_gmt":"2026-01-27T05:43:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/440051\/"},"modified":"2026-01-27T05:43:10","modified_gmt":"2026-01-27T05:43:10","slug":"nab-survey-wipes-out-rate-cuts","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/440051\/","title":{"rendered":"NAB survey wipes out rate cuts"},"content":{"rendered":"<p>The December NAB survey has wiped out rate cuts for the time being.<\/p>\n<p>Business conditions increased to +9. Business confidence increased slightly to +3. Employment remained stable at 4, which is roughly around the breakeven rate for unemployment. At 83.2%, capacity utilisation is still high. <\/p>\n<p>Sales, which increased by three points to a historically high +16, were a major factor in the upswing and contributed to more general evidence of a rebound in consumer demand.<\/p>\n<p>Profitability also improved, with the profits index rising three points to +7, while employment held steady at +4.<\/p>\n<p>Advertisement<\/p>\n<p>Price pressures increased but only slightly. They are far from alarming.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/15-5.png\" width=\"847\" height=\"879\"\/><\/p>\n<p>A decent report but not a smoking gun for a February rate hike.<\/p>\n<p>Advertisement<\/p>\n<p>Cuts are off the table for now.<\/p>\n","protected":false},"excerpt":{"rendered":"The December NAB survey has wiped out rate cuts for the time being. Business conditions increased to +9.&hellip;\n","protected":false},"author":2,"featured_media":440052,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-440051","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/440051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=440051"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/440051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/440052"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=440051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=440051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=440051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}