Shane Oliver(@ShaneOliverAMP):The August NAB biz survey showed lower conditions and confidence. Orders actually improved tho. Selling prices fell but purchase and labour cost pressures remain elevated posing risks for inflation. High inflation likely means another rate hike, but 2 more hikes risk overkill.

Shane Oliver

@ShaneOliverAMP

Head of Inv Strategy & Chief Economist, AMP. Into boats, pop music, economics, investing, my family..& being nice. I don’t solicit funds/spruik trading schemes

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Shane Oliver@ShaneOliverAMP

2026.09.08 05:14

The August NAB biz survey showed lower conditions and confidence. Orders actually improved tho. Selling prices fell but purchase and labour cost pressures remain elevated posing risks for inflation. High inflation likely means another rate hike, but 2 more hikes risk overkill.