Friday 28th November 2025Please note this communication is not a research report and has not been prepared by NAB Research analysts. Read the full disclaimer here.Australia is the third biggest exporter of cotton and has a reputation for quality. But Adam Key, CEO of Cotton Australia, says the differential might be changing as other producers lift their game. We do have the advantage, though, that we produce some of the highest yields in the world, but that is being challenged. Liz Stott is Chair of Cotton Australia and is a farmer from Leeton in the Riverina. She says there are years when there just isn’t enough water and production has to be cut back. It’s also has higher input costs than many other agricultural products which makes it harder to make a profit. But for the communities where cotton is grown the success of these farms is vital for local employment and supporting industries.This week Phil talks to Liz and Adam about the challenges for Australia’s cotton industry, and how Trump’s America is adding to the problem. But the answer rests with Australia’s sustainability credentials. Hosted on Acast. See acast.com/privacy for more information.
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26:08
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26:08
Lots to be thankful for
Friday 28th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThanksgiving might be a US celebration, but it seems Australia and New Zealand both have a lot to be thankful for, unless you were hoping for lower interest rates. NZ’s retail sales yesterday were higher than expected, and business confidence was also strong. In Australia private new capital expenditure was high – reminiscent of the mining boom early this century, says NAB’s Sally Auld. Meanwhile, equity and bond markets in the US were closed for Thanksgiving, and with an early close today it might be another quiet session to end the week. Hosted on Acast. See acast.com/privacy for more information.
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16:16
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16:16
RBNZ cuts, BoE might, RBA won’t
Thursday 27th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABThree central banks close to the end of their easing cycle. A hawkish cut from the RBNZ yesterday could well be the last. The same could well apply to the RBA after yesterday’s monthly CPI came in higher than anticipated. But the Bank of England might well be ready to cut, as markets accepted more fiscal headroom and a reduction to the supply of 30-year gilts. The public response is less jubilant, particularly as the freeze on tax thresholds is not being extended to a 10-year run. NAB’s Gavin Friend talks through a busy day. Hosted on Acast. See acast.com/privacy for more information.
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17:50
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17:50
US hope, UK fears, Aussie CPI
Wednesday 26th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS equities are on the rise, with AI behind a chunk of it, helped by enthusiasm for Alphabet’s new chip, which can do marvellous thing apparently. But in US consumer-land demand is slowing, if September’s retail sales are anything to go by. Of course that was a while ago now, so more up to date records, like the Fed’s Beige Book tonight, will be scrutinised more than normal perhaps. Markets also responded to further speculation that Kevin Hassett will become the Fed chair next year, which could see interest rates pushed lower. Today Australia’s first monthly CPI report is out, the RBNZ makes a decision, and the UK budget is bound to upset someone and create some market volatility, whatever they decide. Hosted on Acast. See acast.com/privacy for more information.
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14:31
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14:31
Tech looks for Fed’s gift for Christmas
Tuesday 25th November 2025NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt might be thanksgiving this week, but it seems tech investors have their eyes set closer to Christmas, with renewed hopes of a December rate cut. Words from Christopher Waller added to the hope. NAB’s Taylor Nugent says the moves in shares is quite a remarkable sensitivity, which has not been reflected in bonds or currencies. The Aussie hasn’t seen its usual bounce as US sentiment picks up. Delayed (and out of date) data today includes US retail sales and PPIs. Hosted on Acast. See acast.com/privacy for more information.
Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead. Hosted on Acast. See acast.com/privacy for more information.
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