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Australia NAB Business Survey held to 3 in June 2026, released July 2026.
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▼ Inverse | −0.63 | FOREX | Moves against | → View |
| S&P 500 | ▲ Direct | +0.61 | INDEX | Moves with | → View |
| S&P/ASX 200 | ▲ Direct | +0.48 | INDEX | Moves with | → View |
| XAU/USD | ▲ Direct | +0.36 | COMMODITIES | Moves with | → View |
| AUD/USD | ▲ Direct | +0.27 | FOREX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
NAB Business Survey (Australia) was reported at 3.00 in July 2026. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 6.25, ranging from 3.00 to 9.00 across 12 releases.
The trailing three releases averaged 3.00, down from the prior three at 7.00. Volatility over the past year (σ 2.13) is lower than the prior year (σ 2.75).
Historically, this indicator is negatively correlated with USD/JPY (Bearish USD). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500).
The next release is scheduled for August 11, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Jul 31) and Ai Group Industry Index (Aug 4).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
The NAB Business Survey is a widely recognized financial indicator that provides valuable insights into the current state and future outlook of the business sector in Australia. It is based on a comprehensive survey of businesses across various industries, providing key data on business conditions, confidence levels, and investment intentions. This indicator is highly regarded by economists, policymakers, and investors as a reliable source of information for assessing the overall health of the Australian economy.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Jun 2026): actual 3. Prior reading (May 2026): 3. Before that (Apr 2026): 3.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with USD/JPY (Bearish USD, r=-0.63) — a useful reference for forex-focused traders.
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| Thursday, July 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | Building Permits MoM | 7.2 | -1.6 | -1 | 0.90 | Medium | |
| 01:30 | Import Price Index QoQ | 5.7 | 0.1 | 0 | 2.85 | Low | |
| 01:30 | Building Permits YoY | 8.9 | 5.5 | -0.1 | 1.10 | Low | |
| 01:30 | Import Prices QoQ | 5.7 | 0.1 | 0 | 2.85 | Low | |
| 01:30 | Private House Approvals MoM | 0.4 | 2.8 | -1 | -0.38 | Low | |
| 01:30 | Export Prices QoQ | 1.1 | 0.5 | 0.5 | 0.80 | Low | |
| Friday, July 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Housing Credit MoM | 0.6 | 0.6 | 0.5 | 0.55 | Low | |
| 01:30 | Producer Price Index YoY | 3.6 | 3 | 2.5 | 2.50 | Low | |
| 01:30 | Producer Price Index QoQ | 1.3 | 0.4 | 0.3 | 0.42 | Medium | |
| 01:30 | Private Sector Credit MoM | 0.8 | 0.7 | 0.6 | 0.70 | Low | |
| 01:30 | Private Sector Credit YoY | 8.5 | 8.2 | 8.2 | 8.35 | Low | |