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Report published August 11, 2026

Goldman Sachs: Australia NAB Business Survey - July 2026 Analysis

Source and citation context

Report date
August 11, 2026
Analysis as of
Not stated in source

Authors / editors: Andrew Boak (Analyst), Will Maher (Analyst), Oscar To (Analyst)

Finvaulta summarizes Goldman Sachs's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Market ReportMacro Economic IndicatorsEnergyFinancials

Australian business conditions reached +4 in July as employment and profitability improved. Concurrently, capacity utilisation and price pressures across labor and final products showed a broad rebound.

Key Takeaways

  • 1.Business conditions in Australia rose slightly to +4 in July, driven by improvements in employment and profitability.
  • 2.Measures of price pressures and capacity utilisation showed a rebound during the month.

Table of Contents

  • Australia: NAB Business Survey: Price and capacity measures rebound in July
  • Disclosure Appendix

Report data

Measures of price pressures rebounded in July

MetricEstimateContext
Business conditions4 index pointsNAB Business Survey
Capacity utilisation83.0%NAB Business Survey
Source: NAB. This is a dated model snapshot, not a live forecast.

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Authors / Editors

Andrew Boak · AnalystWill Maher · AnalystOscar To · Analyst

Reported Data Context

  • Business conditions: 4 index points (July 2026) · Source: NAB
  • Capacity utilisation: 83.0 % (July 2026) · Source: NAB

Themes

Inflationary PressureEconomic Sentiment

Regions

Asia PacificAustralia