Trading DayTrading DaySharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.
diplomatic rowWorldSix Indian diplomats are expelled after they were linked to ‘homicide and acts of violence’ against Sikh separatists, including Sikh leader Hardeep Singh Nijjar.
Vipal Monga and Paul Vieira
BanksFinancial ServicesAccess to alcohol, previously a mainstay of midweek work functions, is now being restricted across NAB, with teams put on notice over the ban.
BUSINESSNewsWireOne of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
MONEYBusiness Breaking NewsOne of Australia’s big four banks has made a huge call on its fixed home loan rates – putting it on the level with its competitors.
Trading DayTrading DayIron ore, copper futures, AUD down after China’s underwhelming economic update. RBA’s ‘step down’ in hawkishness evident in September minutes, but deputy governor Andrew Hauser says inflation job’s not done yet.
BankingFinancial ServicesNAB’s markets team underwent an examination of its internal culture and now members will need to reapply for their jobs, although under a shake-up they may no longer exist.
EXCLUSIVEBusinessReal estate funds manager MaxCap Group has lifted its funds management empire by $1bn and hired a former NAB executive as its chief financial officer.
AFLAn All-Australian leaving your club is always a massive blow, but one club’s offer could see Port Adelaide with a draft pick as high as No. 1. JON RALPH has more.
BanksFinancial ServicesAustralia’s top bankers are in the limelight after the anointing of Westpac’s new boss, leaving just ANZ and Commonwealth Bank to announce their future leadership line-up.
BankingFinancial ServicesNational Australia Bank is the latest big lender to reduce the amount of commission payments it can claw back from mortgage brokers, given industry pressure.
CULTURAL HERITAGENationSpy cameras hidden in trees and the bush are being used by Parks Victoria to try to prosecute off-grid rock climbers and walkers under its sweeping cultural heritage access bans.
BankingFinancial ServicesNational Australia Bank CEO Andrew Irvine has questioned whether credit and debit card surcharges remain fit-for-purpose, particularly after he was slugged 10 per cent extra on a coffee.
Trading DayTrading DayANZ CEO Shayne Elliott tells parliament a ban on staff drinking alcohol during work hours is ‘entirely reasonable’, after its conduct scandal. Star halts as NSW casino regulator looks at licence. Ramsay and Harvey Norman fall.
TechnologyBusinessAlmost half of all Australians believe Facebook’s owner and social media giants are doing ‘not much at all’ to combat scams, a NAB report reveals.
AFLThe Blues made finals by the skin of their teeth but JAY CLARK writes, there’s a bold play they could make to go even further in 2025 – tempt the Dees into the AFL’s biggest trade in 17 years.
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LIVE: POLITICS NOWPoliticsLia Finocchiaro has met with police commissioner and CEO of the Department of Chief Minister one day after a landslide election victory, outlining her priorities.
NEWSNewsWireAnother major bank has moved to slash fixed and variable rates, following other lenders including Westpac and NAB.
UPDATEDNewsWireA major bank was briefly plagued by an outage, with customers flooding social media with frustration before it was resolved.
BanksFinancial ServicesThe banking major will raise home lending bankers’ maximum variable rewards to 80 per cent of their base salary from limits agreed in the wake of a banking industry review.