National Australia Bank
ASIC sues NAB for ‘failing’ customers facing financial hardship
The corporate regulator cited submissions from people who had left violent relationships or who had lost work during the pandemic.
- by Sumeyya Ilanbey
Latest
Updated
Earnings season
Australia likely to get hurt in Trump’s trade war, warns NAB boss
The nation’s largest business lender says local companies could be hit hard if president-elect Donald Trump ploughs ahead with his tariff threats.
- by Sumeyya Ilanbey
Banks tipped to rake in $30b as most borrowers weather interest rate storm
Customers who continued paying off home loans despite cost-of-living pressures are expected to support the profits of the majors, to be revealed this week.
- by Sumeyya Ilanbey
Opinion
Debit cards
Cash v debit card fees: There is no free lunch
The government has picked debit card surcharges as the latest enemy to target in its fight to conquer the cost of living crisis. But beware the pea and thimble trick.
- by Elizabeth Knight
Opinion
Social responsibility
Being sober the new black for big business
Many mining and manufacturing workplaces already have liquor bans in place, and it’s a safe bet that workplace drinking could go the way of the dinosaurs within a decade.
- by Elizabeth Knight
Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying
While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the big four banks disagree.
- by Millie Muroi
‘Astronomical’ rise in mortgage offset accounts since the pandemic: NAB
Australians aged under 55 have been rapidly eating into their savings as they bear the brunt of the Reserve Bank’s fight against inflation.
- by Sumeyya Ilanbey
Businesses show surprising confidence despite inflation woes
While a significant number of businesses are struggling, 60 per cent of companies say they are planning to expand in the next year, a survey shows.
- by Sumeyya Ilanbey
Opinion
Interest rates
Banks make sneaky cash grab as deposit rates trimmed
Some would call it a margin-plumping exercise – the banks prefer to think of it as margin protection. Either way, it’s good for bank profitability.
- by Elizabeth Knight
NAB says more customers falling behind on mortgages
NAB chief executive Andrew Irvine said cost-of-living pressures and high-interest rates continued to weigh down mortgage holders.
- by Sumeyya Ilanbey
Which big bank is betting that rate cuts are imminent?
One of the big four banks in Australia has slashed its three-year fixed rate by a huge 60 basis points as it bets big on interest rates going down.
- by Nicole Pedersen-McKinnon
Original URL: https://www.watoday.com.au/topic/nab-12c