August
Bank boss outraged by 10pc transaction fee for coffee
The Reserve Bank is already scrutinising the growing practice of adding a fee to the cost of a purchase to cover the cost of processing the transaction.
- James Eyers
Post offices could be your new cash machine
Australia Post is negotiating with the big four banks to roll out smart ATMs and expanded banking services after an $88.5 million loss.
- Patrick Durkin and James Eyers
Interest rates weigh on NAB customers as arrears jump
“The economic environment, including persistent inflationary pressures, is challenging for our customers,” chief executive Andrew Irvine said.
- Lucas Baird
July
- Opinion
- Chanticleer
Rock stars happy to discuss fixes, but super isn’t the big problem
Tinkering with super allocations is one thing, but it cannot replace our desire for bolder economic and tax reform.
- Anthony Macdonald
June
- Exclusive
- Cash
Armaguard secures deal with banks, supermarkets to save cash
Months after a bailout collapsed, the eight largest customers of Linfox’s Armaguard have agreed to a $50 million injection to keep cash circulating.
- James Eyers
May
Why businesses are pulling billions in deposits from NAB
It is the largest month-to-month fall in deposits at NAB in at least five years, according to new Australian Prudential Regulation Authority data.
- Updated
- Lucas Baird
- Opinion
- Chanticleer
New NAB boss Andrew Irvine on trust, banker pay and client weddings
Andrew Irvine has inherited a solid strategy, but five weeks into the job he’s not afraid to weigh in on tough issues such as banker bonuses and regulatory creep.
- James Thomson
- Updated
- Earnings season
NAB clings to business banking prize as mortgage brokers bite
National Australia Bank’s first-half profit tumble underlined the toll intense mortgage competition is still claiming on margins.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
The ‘astonishing’ number in NAB’s profit
There’s a very good reason why new boss Andrew Irvine won’t change the bank’s strategy too much.
- James Thomson
April
- Opinion
- Chanticleer
NAB’s new boss just managed to do what most CEOs can’t
Australian corporate history is riddled with examples of passed-over CEO candidates exiting. But NAB has just bucked the trend.
- Updated
- James Thomson
NAB’s new chief executive shuffles leadership team, promotes rival
Rachel Slade, who was overlooked for the top job in favour of Andrew Irvine, will run the pre-eminent business banking division. Ana Marinkovic will run retail.
- James Eyers
March
NAB chases MYOB and Xero with new Bookkeeper software
It is the bank’s first foray into the accounting tools market dominated by the two Australian companies, with its new product aimed at sole trader customers.
- James Eyers