• NAB expects a small positive for Australia’s Q2 GDP growth, due for release in early September.
• National accounts detail seen reinforcing a first-half slowdown, with Middle East impacts less severe than initially feared.
• Forecasts largely unchanged; inflation expected to moderate gradually, with unemployment drifting higher during below-trend growth.
• RBA seen holding rates through 2026; next move expected to be a cut, with gradual policy normalization from mid-2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on August 21, 2026, and is solely responsible for the information contained therein.