Tit for tat tariffs

Wednesday 9th September 2026

NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB

Oil is higher because more is happening in the Middle East. That’s adding to inflation concerns. There are tensions elsewhere too- between the US and Israel (Israel has closed a UK consulate in East Jerusalem), and between the US and Canada with Canada imposing tit for tat tariffs, whilst promising closer ties with Europe. Locally the NAB Business Survey showed a move down in confidence, as did the Westpac consumer survey. Phil asks NAB’s Ken Crompton how much falling house prices had to play in both those results.

Hosted on Acast. See acast.com/privacy for more information.