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Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying

Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying

While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the big four banks disagree.

  • by Millie Muroi

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‘Astronomical’ rise in mortgage offset accounts since the pandemic: NAB

‘Astronomical’ rise in mortgage offset accounts since the pandemic: NAB

Australians aged under 55 have been rapidly eating into their savings as they bear the brunt of the Reserve Bank’s fight against inflation.

  • by Sumeyya Ilanbey
Businesses show surprising confidence despite inflation woes

Businesses show surprising confidence despite inflation woes

While a significant number of businesses are struggling, 60 per cent of companies say they are planning to expand in the next year, a survey shows.

  • by Sumeyya Ilanbey
Banks make sneaky cash grab as deposit rates trimmed

Banks make sneaky cash grab as deposit rates trimmed

Some would call it a margin-plumping exercise – the banks prefer to think of it as margin protection. Either way, it’s good for bank profitability.

  • by Elizabeth Knight
NAB says more customers falling behind on mortgages

NAB says more customers falling behind on mortgages

NAB chief executive Andrew Irvine said cost-of-living pressures and high-interest rates continued to weigh down mortgage holders.

  • by Sumeyya Ilanbey
Which big bank is betting that rate cuts are imminent?

Which big bank is betting that rate cuts are imminent?

One of the big four banks in Australia has slashed its three-year fixed rate by a huge 60 basis points as it bets big on interest rates going down.

  • by Nicole Pedersen-McKinnon
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NAB shareholder takes bank to court in a bid to secure confidential papers

NAB shareholder takes bank to court in a bid to secure confidential papers

Diana Beere is fighting the bank in court to ensure it is true to its word on investing in coal mining before she passes her shares on to her descendants.

  • by Millie Muroi
Worker shortage still a headache for firms: NAB’s new business boss

Worker shortage still a headache for firms: NAB’s new business boss

The newly minted boss of National Australia Bank’s flagship business bank, Rachel Slade, says local firms are still having trouble finding staff as they work their way out of softer economic conditions.

  • by Millie Muroi
From mortgage checks to scam-busting: How your bank is using AI

From mortgage checks to scam-busting: How your bank is using AI

Banking giants have plans for artificial intelligence that go much further than the often clunky chatbots used to answer customer queries. 

  • by Clancy Yeates
Emerging cricketers hit for six by $2.5 million collapse of tour operator

Emerging cricketers hit for six by $2.5 million collapse of tour operator

The collapse of cricket tour specialist Calypso Destinations has left dozens of parents and coaches out of pocket and shattered emerging players’ dreams of a trip of a lifetime.

  • by Chris Barrett
Banks not doing enough to help struggling borrowers, says ASIC

Banks not doing enough to help struggling borrowers, says ASIC

As the number of customers falling behind on their repayments rises, the watchdog says too many people in hardship are finding it hard to get help.

  • by Clancy Yeates

Original URL: https://www.brisbanetimes.com.au/topic/nab-12c