Australia NAB Business Confidence Falls To -13 From Previous -9

Australia’s NAB business confidence index registered -13 for September in the October 13 release, below the consensus estimate of -9 and marking a further deterioration in the survey’s headline measure of business sentiment. The latest release lists the prior August reading at -9, putting September four points lower, while the September 8 release originally reported August at -8, a distinction that matters when comparing the successive monthly releases. Confidence weakened from -5 for June to -6 for July before reaching the latest August and September readings, extending the recent downward sequence; unlike a purchasing managers’ index, this measure does not apply a 50-point expansion threshold. The headline captures business sentiment rather than directly measuring economic output, and the available release figures provide no sector breakdown or component contributions identifying which industries drove September’s decline or how broadly businesses shared that deterioration. The supplied history does not establish a 12-month average or year-earlier comparison, but September’s -13 remains above March’s -29 and April’s -24, placing the latest setback against earlier, deeper weakness in business confidence rather than measured production. The Reserve Bank of Australia’s monetary policy framework focuses on price stability and full employment, while these survey figures establish neither current interest-rate pricing nor a policy decision and provide no dates for upcoming related releases; Updated 10/13/26.