NAB’s Executive for Regional and Agribusiness, Khan Horne, discusses the outlook for the year ahead for regional and agricultural businesses.
As 2024 begins, helping our customers build resilience into their businesses will continue to be a focus for NAB Regional and Agribusiness.
NAB’s economic outlook for the year ahead includes a revision to our forecast for interest rates.
We now expect the current cash rate of 4.35pc to be the peak, with the RBA to leave the rate on hold until November this year before gradually cutting rates to 3.1pc by the end of 2025.
Potentially being at the…
