ASX Announcements
Application for quotation of securities - NAB
Appendix 2A (Application for Quotation of Securities)
- Dec 24, 2024
- 7 pages
Application for quotation of securities - NAB
Appendix 2A (Application for Quotation of Securities)
- Dec 20, 2024
- 6 pages
Notification regarding unquoted securities - NAB
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 20, 2024
- 7 pages
Appendix 3Y - Change of Director's Interest Notice
Change of Director’s Interest Notice
- Dec 20, 2024
- 2 pages
Notification of cessation of securities - NAB
Appendix 3H (Notification of cessation of securities)
- Dec 20, 2024
- 4 pages
This Month
NAB offloads rest of MLC to Nippon, new life insurer Acenda created
MLC Life Insurance will merge with the local subsidiary of Resolution Life to create Acenda, after Nippon Life bought Resolution for $US8.2 billion.
- James Eyers
Australia’s 50 highest-paid CEOs in 2024 revealed
Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.
- Patrick Durkin
- Exclusive
- Build-to-rent
New tax laws no silver bullet for build-to-rent, NAB warns
Last week’s legislation halving the tax rate for foreign investors is a good start, but rival Macquarie agrees other factors also drag on projects.
- Michael Bleby
Collapsed drink maker’s creditors in line for just 7.4¢
The Victorian manufacturer of ready-to-drink spirits aimed high and grew fast, but ultimately it was cruelled by giant rivals like Asahi and Suntory, administrators found.
- Simon Evans
Musical chairs at NAB as head of M&A moves into CFO role
A round of internal shifts at NAB has left a gap at the head of its M&A and venture capital unit.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Auld named chief economist at NAB, replacing Oster
Sally Auld will be National Australia Bank’s next economics chief following the retirement of Alan Oster after 32 years in the role.
- Cecile Lefort
NAB won’t lean on rates in fight for business lending crown
“You have to be competitive on price – that is the ticket to the game – but you don’t have to be the cheapest,” business banking boss Rachel Slade says.
- Lucas Baird
November
Economists abandon hopes of RBA cutting rates in February
Economists at AMP, ANZ and Bank of Queensland have joined a chorus of forecasters expecting rate cuts no sooner than May.
- Alex Gluyas and Joshua Peach
Trump trade war could smash Aussie dollar below US60¢
The Aussie hasn’t fallen below US60¢ – outside the pandemic – since 2003. But NAB has warned it “would not be surprised” to see that happen next year.
- Alex Gluyas
Rise in underlying inflation to keep rates pressure on RBA
Trimmed mean inflation increased to 3.5 per cent in October from 3.2 per cent in September, even as headline inflation remained unchanged at 2.1 per cent.
- Updated
- Michael Read
- Opinion
- Chanticleer
Frothy market’s two biggest winners make up for all the year’s losers
On a day when the ASX 200 hits another record high, it’s worth thinking about which stocks are driving it. Two have done this year’s heavy lifting.
- Anthony Macdonald
Ruslan Kogan saves director from embarrassment
The director got back onto the retailer’s board by the skin of his teeth (and the help of management).
- Mark Di Stefano
- Opinion
- Big four
Chalmers sells intervention as economic salve
The US may have a different culture, but its politics still provide a recent lesson in the electoral risks of rural voters feeling ignored by governments or left out of services.
- Jennifer Hewett
Westpac warns rate cuts may be delayed beyond May
Chief economist Luci Ellis, who was previously the RBA’s top forecaster, warned cuts could be even later than May if inflation did not decline in line with forecasts.
- Michael Read
- Exclusive
- Big four
Bankers split as Chalmers kicks off branch levy negotiations
Treasurer Jim Chalmers has kick-started face-to-face negotiations with bank CEOs about a potential new $350 million levy, but bankers are split over the proposal.
- John Kehoe and Lucas Baird
NAB restructures JBWere, local chief Maria Lykouras to depart
The move comes after the New Zealand business was merged with Jarden, and the team will report directly to the bank’s private wealth executive, Michael Saadie.
- Lucas Baird
NAB executive warns of ‘elusive’ productivity gains in age of AI
Finance executives have been circumspect about the transformative power of the new technology, suggesting return on investment should be the focus.
- James Eyers
Macquarie could pass on bank levy to home borrowers
Banking disrupter Macquarie would jack up interest rates on mortgages or even leave the retail market altogether under a rural service proposed levy, an analyst says.
- Lucas Baird, John Kehoe and Tom McIlroy
NAB allegedly withdrew job offer after finding out woman was pregnant
National Australia Bank allegedly withdrew a job offer because it found out that the woman it had offered the role to was pregnant.
- Lucas Baird
NAB taken to court for ignoring customers’ pleas for help
The bank failed to respond within legal timeframes to 345 hardship requests between October 2018 and September 2023, ASIC says in a new Federal Court action.
- James Eyers