Farmers bank on ‘natural capital’
NAB has become one of the first lending institutions to offer reduced interest rates on farm land under conservation.
NAB has become one of the first lending institutions to offer reduced interest rates on farm land under conservation.
As the financial services royal commission showed, there’s sometimes a yawning gap in understanding key product terms.
National Australia Bank chief executive Ross McEwan is aiming to boost knowledge and avoid ‘sloppy’ mistakes.
National Australia Bank boss cautiously optimistic about the economy, noting some early signs of a return in confidence.
The ASX slipped by 0.4pc but was supported slightly by strength in Fortescue and BHP, while Rio told shareholders China was back to ‘business as usual’.
New NAB chief Ross McEwan has swept through second-tier management, spilling a host of roles and making as many as 50 key appointments.
As profits tumble and once sacred dividends evaporate, our bank CEOs are spinning any which way they can.
Any kudos NAB got for raising early will be wiped by the dividend it felt it needed to pay to salve the shareholders it’s just diluted.
ANZ is firmly in the spotlight as large potential loan losses loom in the banking sector.
NAB says first-half profit will be hit by charges for software, life insurance and remediation, and COVID-19 impacts will follow.
NAB chief Ross McEwan concedes some roles will be lost as the bank ‘reshapes’ in the face of the coronavirus pandemic.
It’s no consolation for the big four banks that Standard & Poor’s has form in switching their credit-rating outlooks to negative.
S&P flags lower loan growth as a risk, as the big four confront the pressures of the coronavirus.
Businesses are rushing to grab whatever help they can, with banks reporting a surge in demand for loans.
NAB boss Ross McEwan is running a huge corporation from an empty room, connected through videoconferencing.
PM says Australia has no current plan to mimic the dividend ban being forced on banks in the UK and New Zealand.
Australian banks would have been watching nervously as the UK regulator very politely told Britain’s banks they’d be torn to pieces if they didn’t toe the line.
NAB’s estimated loss of revenue as a result of the fee waiver will run to between $4m and $5m.
In the last five days NAB took more calls than we would normally take in a year from customers seeking financial support.
NAB boss Ross McEwan says it is ‘mission critical’ for everyone in the banks to be working to support customers.
Banks will defer small business loan repayments for six months in a move said to be worth as much as $8bn.
Banks have announced fee cuts and payment deferrals for small business ahead of a CEO meeting with Josh Frydenberg.
Mike Baird is stepping down as a NAB executive in circumstances as abrupt and unexpected as his decision to leave politics.
Much like his next career move, how much money Mike Baird walks away from NAB with is a little bit TBC.
Former NSW premier Mike Baird has announced he will leave NAB to ‘take a break’ before looking for new opportunities.
Analysts say big banks will take a profit hit from RBA interest slashing, lining up retirees for a potential triple hit.
The government’s new housing scheme for first-home buyers has attracted strong interest from prospective borrowers.
Phil Chronican says the penalty in new action brought against NAB may be less than suggested.
NAB defied ASIC pressure to return money to customers who had been wrongly charged even after warnings.
NAB challenges former chair Ken Henry’s assertions it’s selling products it will need to remediate in the future.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank/page/31