Energy stocks, banks lift ASX
ASX 200 up 1.6 per cent this week. UK exits recession. Financial stress at highest in 8 years: NAB. CBA shareholder class actions dismissed. Bonza administrators in talks with ‘interested parties’. Life360 drops.
National Australia Bank
Surprise plan Aussies have for tax cut cash
Aussies are about to get a tax cut cash boost and most will ‘spend’ it in a surprising way.
Sell all my bank stocks? You must be kidding
Big brokers say it’s time to quit bank stocks but everyday investors should put that call into context or risk serious damage to their investment.
Business win for NAB in lending war
NAB is writing two in three home loans below the cost of capital, with the bank increasingly focusing on its profitable business lending arm amid hot competition in the mortgage market.
ASX lifts after Fed rates news
Australian shares notched a tepid bounce on Thursday following some dovish rhetoric from the US Fed and positive sentiment around half-year results from NAB.
Inside the game plan of NAB’s new CEO
Career business banker Andrew Irvine has two big challenges ahead as he drives the nation’s second biggest bank.
NAB earnings miss amid profit squeeze
Despite the decline in earnings, freshly minted NAB boss Andrew Irvine hinted that the competitive home loan market was easing.
NAB bullish despite slide in earnings
Australians can withstand another rate rise, with the boss of National Australia Bank saying the economy is proving resilient as the market bets on the prospect of a further hike.
Banks boost ASX 200; Woolies, Bapcor fall
Major banks gain after NAB results, buyback. Pexa jumps on NatWest deal. Investors dump Bapcor after profit warning. Woolworths sales disappoint, boss says Coles ‘out-traded us’. US investigation hits Block.
It’s ‘as good as it gets’ for the big banks
Banks are expected to deliver a ‘largely uneventful’ results season, starting with National Australia Bank on Thursday.
NAB holding $55m debt in struggling dairy firm
Beston Global Food Company’s debt has blown out to almost $70m, with the company, which has never turned a profit, owing NAB alone more than $55m.
Police nab 200 in US campus clearances
Activists are calling for a ceasefire, as well as for colleges to sever ties with Israel and companies they say profit from the conflict.
Arthur’s fatal blow for Raiders’ plan to nab rookie Eel
Parramatta coach Brad Arthur has declared he wants to keep his job at the Western Sydney powerhouse club and how halfback Ethan Sanders will help him do it, at the expense of the Canberra Raiders.
Raids nab youths tied to terror accused
Counter-terrorism police have arrested seven minors with links to a teen accused of the stabbing Bishop Mar Mari Emmanuel following extensive raids in southwest Sydney.
Could a former banker score the Fletcher Building chair gig
Investors are keen to know who will replace former Fletcher Building chair Bruce Hassall, with market chatter that an ex-NAB boss could be in line for the gig.
Senior NAB banker angered by huge salary revelations
NAB’s former head of repo trading took action after getting access to figures that showed her colleagues were earning over $350,000, an updated court claim against the bank reveals.
New NAB chief promotes women to top jobs
National Australia Bank has appointed a new boss for each of its operating divisions, setting up future contenders for its leadership contest.
Why this top fund manager is backing gold
Collins St Asset Management says a valuation gap with gold miners is set to close rapidly, potentially within months. Also today: EY prepares to announce layoffs. RBNZ holds rates. Dubber sacks CEO.
New NAB boss eyes trans-Tasman business growth
Days into his new role, NAB chief executive Andrew Irvine has detailed growth opportunities for the big four bank.
Stars are aligning for copper: Citi
Buy copper now or pay the price of cost increases and missed opportunities in a new secular bull market, Citi says. Also today: Guzman y Gomez’s $134.5m raise. Analyst upgrades boost Ansell and Elders.
Ex-NAB boss Andrew Thorburn to head HammondCare
The former chief executive of NAB and, briefly, AFL club Essendon resurfaces after a year off to lead the independent Christian charity and aged care provider.
ASX lifts; APM, Elders tank; iron ore jumps
Extend grocery code to Amazon, Costco: Woolworths. APM, Elders in profit warnings. Beach dives on Waitsia cost blowout. Platinum’s $527m net outflows. Ex-NAB boss Andrew Thorburn joins HammondCare.
‘Housing crisis threatens economy’
Australia’s spiralling housing crisis could soon have bigger implications for the economy, one of the nation’s top bankers has warned.
‘I lost $13bn’: How NAB’s boss reset banking
After four decades running banks across the world, there’s one thing that stands out for Ross McEwan.
Analysts critical of $4.4bn Virgin Money UK takeover
Britain’s biggest building society has agreed to the terms of a $4.4bn takeover of Virgin Money UK but analysts say the offer price for the dual-listed NAB spin-off is low.
Australia grappling with climate change goals
Australia is at a ‘potential inflection point’ in terms of aspirations on climate change, NAB chair Phil Chronican warns.
APRA removes NAB’s $500m culture penalty
The prudential regulator has removed a $500m capital add-on it slapped on NAB five years ago, but keeps quiet on Westpac and ANZ penalties.
Eels gun unmoved by push to nab Dragons star
Zac Lomax has been linked with an immediate move to Parramatta but the man currently playing left centre for the Eels isn’t budging.
ASX gives up gains; Alumina jumps
Alumina accepts Alcoa takeover. Business conditions rebound: NAB. Lowe new Future Generation chair. Iron ore majors down after price tumble. Gold, lithium stocks gain. Bitcoin’s record. QV up on merger.
CBA steps up fight for business loans with new green option
CBA wants to overtake rival NAB as the business lender of choice and hopes its new ‘green’ term loans for medium sized firms will help it get there.
Original URL: https://www.theaustralian.com.au/topics/national-australia-bank/page/6