Alan Oster, Group Chief Economist at NAB, points out that overall sentiment in Australian commercial property markets (measured by the NAB Commercial Property Index) moderated in Q2 as the Index fell 4 points to +17 but remains well above its long-term average (+3). Key Quotes “NAB Group Chief Economist Alan Oster said: “Lower sentiment was evident in all states except Victoria, with particularly sharp falls in both SA/NT and WA.” “Retail sentiment was again negative as subdued retail business conditions and slow wages growth continued to hurt consumer sentiment,” said Mr Oster. “Overall confidence in commercial property markets also softened in Q2.” “But the recent improvement in accessing funds reversed in Q2, with more property professionals indicating that it was harder to obtain loans and equity.” “More property professionals are now also expecting their funding conditions to worsen in next 6-12 months,” said Mr Oster. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZ: Trade deficit prints $113m for June – ANZ FX Street 5 years Alan Oster, Group Chief Economist at NAB, points out that overall sentiment in Australian commercial property markets (measured by the NAB Commercial Property Index) moderated in Q2 as the Index fell 4 points to +17 but remains well above its long-term average (+3). Key Quotes "NAB Group Chief Economist Alan Oster said: "Lower sentiment was evident in all states except Victoria, with particularly sharp falls in both SA/NT and WA." "Retail sentiment was again negative as subdued retail business conditions and slow wages growth continued to hurt consumer sentiment," said Mr Oster. "Overall confidence in commercial property markets also softened… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
