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Alan
Oster

Group Chief Economist, National Australia Bank.

Profile

For the past 33 years Alan has held the position of Chief Economist for Nab.

In that role he has been responsible for Nab’s local and global economics and financial market forecasts

He was also responsible for building the Nab’s, much watched, Monthly Business Survey. Also, more recently, Alan led Nab’s internal use of their balance sheet data to build economic insights in near real time terms. That data is now shared with the Government, the RBA, the ABS and economic departments in the public service. It includes data on consumer transaction behaviour (including by age and incomes), business cash flows and unemployment data on Nab customers. It is also now published on a monthly data.

Prior to joining Nab, in 1992, Alan was the “Senior Advisor” (an SES position) responsible for the Commonwealth Treasury’s forecasting and modelling areas. Overall, he was at Treasury for 15 years – including four years as Treasury’s representative at the OECD in Paris.

As such Alan has a widely held reputation as an expert in economic forecasting and monetary policy issues.

Finally, Alan is a widely respected commentator on economic issues both in the public area and much sort out privately for his advice and suggestions on policy issues.

Alan has now retired from his formal duties with Nab (from end March 2025) but is currently exploring new opportunities in the economic space.

Expertise
Talking Points

Global & Domestic Economy

Alan has an approachable, engaging speaking style, able to provide a clear and accessible update of complex material. He will cover the global economy, impacts to the domestic economy moving on to an overall update of the Australian economy. The update will include all pertinent areas of the economy, such as GDP, interest rates, property, house prices, employment etc.

Current Economic Events

Alan will incorporate recent events and the subsequent economic impacts into his presentation, an example of this would be the economic impact of COVID-19 to the global and domestic economies.

Economic Forecasts

Alan will round out his presentation with his latest economic forecasts for Australia and the globe.
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