National Australia Bank Ltd underperforms Wednesday, when compared to competitors
Here is the latest company close update for National Australia Bank Ltd, NAB.
National Australia Bank
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.
Silence to settle NAB ‘boys club’ suit
Allegations that NAB’s markets business had a ‘boys club’ culture or that a former trader was threatened with a baseball bat will not be tested in court after the bank settled a long-running case.
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Productivity and lack of homes the key issues: NAB chief
Australia is exiting its tough economic times, but the nation still has big issues in property and productivity to deal with, NAB chief executive Andrew Irvine says.
ASX drops on NAB, MinRes earnings misses
The ASX’s weekly woes continued on Wednesday, as a big four bank and a major miner dragged the market heavily into the red.
NAB posts $18m-a-day profit
Anti-crime measures and wage costs have eaten into one of Australia’s major bank’s $18m-a-day profit.
Margin squeeze: banks hit as earnings drop
Among concerns for investors are heightened competition in mortgages and deposits crimping margins, and for NAB, the fact that arrears are still rising.
ASX 200 down as NAB, Santos, MinRes hit
SA govt puts Whyalla Steelworks into administration. NAB shares slumps as margin strain dents earnings. MinRes tanks on massive loss. Santos results disappoint. WA rich lister sells $8.5bn Rio stake. MinRes’ big loss triggers double-digit dive. Profitable Goodman taps investors for $4bn.
RBA delivers ‘hawkish’ rate cut; ASX down
Reserve Bank cuts rates 25 basis points, takes official cash rate to 4.1 per cent. First cut in more than four years. NAB, Westpac, CBA and ANZ lower home loan rates. Qatar-Virgin deal gets ACCC nod. Gold to outshine $US3000: UBS, Goldman.
ASX pares losses; Bendigo Bank, Westpac lead bank falls
Margin pressures dent Westpac, Bendigo Bank earnings. BlueScope, A2 Milk lift on results beat. Star investors buoyed by new financing offer from Oaktree. Audinate leaps as cost controls improve earnings.
ASX sets record close despite pullback; HMC confirms Healthscope talks
David Di Pilla-led HMC eyes Brookfield-owned hospitals operator. Cochlear falls on trimmed guidance. Dividend disappointment weighs on AMP. GFG Alliance puts NSW coal mine on the block in debt plan. Mirvac soars on return to profit.
New chair in the bank, BHP leadership focus shifts to CEO
After locking in former NAB boss Ross McEwan as its next chairman, the mining giant will turn its attention to finding a suitable successor for chief executive Mike Henry.
Banker Ross McEwan will shape BHP for decades to come
The former NAB chief executive has one major job ahead as he takes on Australia’s most powerful board role.
ASX treads water before US jobs data; CBA and Westpac hit highs
ASX ends flat as markets await key US jobs numbers. CBA and Westpac hit record highs and NAB an 18-year high. Domino’s jumps 21 per cent, as Collins Foods and Nick Scali also gain. Amazon falls after earnings disappoint.
NAB weighs return to Scottish roots
The $1bn-plus sale process for the non-bank lender Scottish Pacific is yet to start in earnest, but there’s one party that has already been at least kicking the tyres.
Major bank’s huge interest rate move
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
Bank bucks trend with bold move
As the major banks close more regional branches, one of the big four is taking a different approach for face-to-face dealings on Saturdays.
NAB hits out at telcos on scams
National Australia Bank says it prevented close to $50m of customer funds going to potential scammers in the final two months of last year.
ASX rises again after Trump inauguration
The ASX rises 0.3 per cent to a seven-week highs on positive US leads. Qantas shares soar on US peer gains. CBA, Goodman, NAB, Westpac, WiseTech top contributors. Paladin soars as operations improve. Iluka drops on estimates miss.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank