• NAB's October business survey showed forward orders fell 11 points to -12, led by construction and manufacturing.
• Business confidence slipped 1 point to -15; business conditions declined 1 point to -2.
• Retail recorded the weakest confidence, conditions and forward orders across industries; retail price growth slowed 0.8 percentage points to 0.2%.
• Construction faced sharply lower forward orders and persistently high input cost growth, despite having the highest capacity utilization of any industry.
• Trading conditions fell 4 points to -1; profitability dropped 2 points to -8, leaving both more than 10 points below average.

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 November 10, 2026, and is solely responsible for the information contained therein.