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Sally Auld

Market economist and NAB Markets Research commentator providing analysis on bond, equity, oil markets and inflation dynamics in the episode.

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18 snips
Nov 27, 2025 • 16min

Lots to be thankful for

Sally Auld, NAB's markets economist, dives into the optimistic economic landscape of Australia and New Zealand. She highlights unexpected gains in NZ's retail sales and strong business confidence following RBNZ easing. Auld also discusses Australia's robust private capital expenditure, reminiscent of the mining boom, and how this impacts interest rate expectations. Additionally, she examines the puzzling behavior of the Aussie dollar and touches on new lending regulations from APRA, painting a comprehensive picture of current market dynamics.
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5 snips
Nov 3, 2025 • 16min

Housing hotter ahead of RBA forecasts

Join Sally Auld, NAB Markets economist, as she dissects the booming Australian housing market with rising prices and increased dwelling approvals. She explains how RBA policy doesn't target house prices directly but acknowledges that wealth effects influence consumer behavior. The conversation also dives into the latest US manufacturing numbers, highlighting a two-speed economy, tariff impacts on smaller firms, and insights into China’s export struggles. Auld offers a glimpse into NAB's forecasts and the RBA’s cautious approach ahead.
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5 snips
Feb 24, 2025 • 15min

Markets coast as politics turns to peace talks

In this discussion, Sally Auld, NAB’s Chief Economist in waiting, shares her insights on market trends amidst a backdrop of geopolitical tensions. She highlights a rise in U.S. equities, despite soft economic indicators like the Dallas Fed Manufacturing Survey. Auld also delves into the implications of Germany's increased defense spending and Europe’s evolving stance on Ukraine. Additionally, she points to New Zealand's impressive retail sales as a sign of economic recovery, suggesting a cautious optimism for the markets ahead.
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Mar 23, 2026 • 13min

Sounding the TACO bell

Sally Auld, market economist and NAB Markets Research commentator, breaks down a sudden market wobble tied to US–Iran headline swings. She covers the sharp oil drop and equity bounce, shifting bond yields and central bank hawkishness, and how war-driven costs are squeezing consumer confidence. Short-term hope meets persistent uncertainty as key PMIs and Japan CPI loom.
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Mar 9, 2026 • 24min

Breakfast Wrap: Iranian soccer players granted asylum

Joanna Holden, mayor of Katherine, talks flooding, damaged infrastructure and crocodiles in floodwaters. Sally Auld, NAB chief economist, discusses inflation risks and the impact of rising oil prices. Tracey Holmes, journalist, recounts the Iranian women's footballers fleeing and seeking asylum. Short, punchy reports on humanitarian drama, economic pressures and extreme weather challenges.
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Mar 9, 2026 • 7min

$90 billion erased from Australian sharemarket as oil prices surge

Sally Auld, NAB chief economist who analyzes inflation, labour markets and commodity shocks. She breaks down how Middle East turmoil and $100+ oil is driving big losses on the ASX. Short-term pain for household budgets from pricier petrol and diesel. Discussion of Australia’s energy exposure, fuel stockpiles and why stagflation looks unlikely given a strong labour market.
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Mar 9, 2026 • 16min

Reserves add a little light relief

Sally Auld, market economist at NAB Markets Research, breaks down the recent oil roller coaster and the G7’s strategic reserve move. She discusses why reserve releases are only a short‑term balm. Short takes cover oil price swings, inflation implications for Australia, the Aussie dollar’s resilience, and how these forces shape central bank choices.
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Feb 16, 2026 • 13min

Out of Office

Sally Auld, NAB markets economist who tracks macro and market trends, guides listeners through jittery Japan GDP figures and mixed Eurozone industrial signals. She discusses cautious optimism for New Zealand, a bullish yet underprotected fund manager mood, a multi-year US dollar downtrend and how Middle East tensions are keeping oil prices supported.
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Jan 28, 2026 • 14min

Fed on hold for how long? RBA hike even more likely

Sally Auld, NAB markets economist and strategist who explains central bank moves, breaks down the Fed’s cautious hold and why timing of further easing is unclear. She highlights Australia’s surprise Q4 CPI and why an RBA hike looks likelier. They also cover currency chatter around the yen, geopolitics boosting gold and oil, and looming tech earnings that could test the AI narrative.
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Dec 14, 2025 • 10min

Central Banks Last Dash

In this insightful discussion, Sally Auld, NAB's markets economist, shares her expertise on pivotal global economic shifts. She delves into the implications of recent Fed dissents and the timing snafu with U.S. payroll data. Sally highlights the UK's troubling GDP figures just ahead of the Bank of England's meeting and contrasts this with other European central banks that are expected to maintain steady rates. Additionally, she reviews promising data from New Zealand and deciphers European inflation trends, all while previewing crucial upcoming global data.

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