National Australia Bank Ltd underperforms Thursday, when compared to competitors
Here is the latest company close update for National Australia Bank Ltd, NAB.
National Australia Bank
Big four bank announces fresh blow to savers
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
Major bank fined over data issues
A major bank has been fined for breaches of Australia’s economy-wide data-sharing scheme that let down Australian consumers.
‘Spineless’: Act that reduced 89yo to tears
Alarm bells rang at a NAB branch when staff noticed a “spineless” scammer instructing a customer on how to increase her internet banking limit.
Home ownership for the young ‘harder than ever’: NAB boss
Andrew Irvine has called for better home planning laws to improve supply, lamenting the increasing difficulty of entering the housing market for younger Australians.
Hostplus readies to onboard KPMG staff fund
Nabbing KPMG’s former head of super appears to have paid off for Hostplus, as it seems to have beaten the competition to become the default fund for KPMG staff.
CBA hits record; wage rise ‘modest drag’ on inflation
RBA well placed to ‘respond decisively’ to international developments. Fair Work Commission grants above-inflation 3.5pc wage rise. NAB cuts economic forecasts. IDP Education dives 46 per cent.
Shinn in emotional history-making Doomben Cup mission
Blake Shinn can nab a record-breaking fourth Doomben Cup as he rides Queensland star Antino in a Group 1 race which is always full of emotion for the champion jockey.
RBA cuts rates to 3.85pc, big banks follow
‘Strong case’ for more cuts after Reserve Bank governor Bullock hands down ‘confident cut’. Shares gain as investors pile into CBA. Rio strikes $1.39bn lithium deal. TechnologyOne rallies on profit upgrade.
NAB’s ‘Mr Five Days a Week’ dials up return-to-office push, FSU ire
NAB chief Andrew Irvine is the subject of an open letter from the Finance Sector Union which claims his return-to-office plan sends a message: you’re not trusted unless you’re visible.
Sacked NAB consultant sues bank for $1.5m while starting rival app
A one-time National Australia Bank fraud manager is seeking $1.5m from her former employer for unfair dismissal even as she was planning to launch a rival mortgage app.
CBA cuts Aus economic growth forecast; Woodside under pressure
Banking giant trims Australia’s GDP growth forecast. Nearly 20 per cent of Woodside investors reject election of climate director. BlueScope warns of an inflation jump from President Trump’s tariffs as he spruiks deal with the UK. Aussie dollar in demand.
ASX bounce snaps two day losing streak
A rally in the commodities sector and a strong result from a major bank drove the ASX 200 higher during Wednesday’s trading.
After playing defence, NAB’s new challenge is how to attack
NAB dominates a market that everyone wants a slice of. CEO Andrew Irvine will need to draw on every ounce of his banking experience to get bigger.
Major bank’s huge call on rates
NAB predicts struggling mortgage holders will get some much-needed relief on the back of an outsized rate cut in May.
China’s stimulus packages suggests economic growth concerns: ANZ
China has cut interest rates and announced other economic boosters before its first trade talks with the US since US President Donald Trump’s sweeping tariffs in April. Local shares close slightly higher, bitcoin gains and the AUD is near US65c.
NAB expects mortgage relief as rates cut, house prices rise
NAB boss CEO Andrew Irvine says Australians should be optimistic for the year ahead as it maintains predictions for interest rates to get to as low as 2.6 per cent by early 2026.
Business chiefs seek productivity push from re-elected Albanese
Jim Chalmers has promised action on productivity. Now, business leaders say Labor’s majority election win means it must deliver on that pledge.
Australians nab coveted Tony Award nominations
Australian actor Sarah Snook, who plays all 26 parts in The Picture of Dorian Gray, has earned a coveted Tony Award nomination for her performance in the acclaimed one-woman show.
NAB slashes fixed home loan rates
Homeowners could be in for savings, with NAB slashing rates and tipping bold RBA cuts despite global economic uncertainty.
Datadog adds local data centre capacity as IT spend to reach $147bn
Nasdaq-listed Datadog has a struck a partnership with AWS, taking out halls in its local data, as it seeks to nab a slice of the nation’s $147bn IT market.
Rocca: How coaching passion helped me through cancer battle
Anthony Rocca would spend his chemotherapy treatments studying vision to make his Northern Knights players better. The Collingwood great opens up on how football helped during his cancer battle.
ASX 200 rally fades as Middle East flares again
NAB, CBA bosses detail housing crisis pain points. Hanwha seeks FIRB nod for Austal stake boost. Coal miner New Hope’s $100m buyback. Active Super members to bear greenwashing penalty burden.
Getting the band back together: Behind banking’s extraordinary day
A series of cascading executive moves in one day, including a high-profile defection, are reshaping the top of the nation’s banks.
NAB trades business banking boss for Canadian connection
The banking major is staring down competition from Westpac and CBA, which are vying for its top spot in business banking, where the profits are richer than home loans.
ASX 200 scores two-day gain; miners, energy stocks lift; MinRes soars
China’s economic data beats estimates. Star’s former executives expose alleged internal fails. Suitor Ramelius falls as $2bn bid lifts Spartan. Smartpay’s best day in months as Tyro, unnamed rival suitor circle. Woodside gets its first China LNG customer.
Tariff trauma’s personal for NAB chief Andrew Irvine
The boss of big-four bank NAB has more skin in the game than most in Donald Trump’s tariff war. There are also lessons for Australia out of this.
Forrest hires banker to run her philanthropic empire
Billionaire Nicola Forrest has hired digital banker Philippa Watson to run her emerging philanthropic and business empire.
‘I really don’t like recessions’: NAB’s Alan Oster draws the line
The big four bank chief economist has analysed and probed every data point over nearly four decades. This is what he has discovered.
NAB bond request hints at Insignia suitors’ declining enthusiasm
Is bidder interest in Insignia waning? Some believe NAB’s early redemption request for its bonds suggests it is.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank