National Australia Bank
News and interviews on National Australia Bank including trends, features, blogs and community conversations from an Australian business perspective.
Dollar falls below US98 cents as euro hopes fade: Midday roundupWednesday, 23 May 2012
The Australian dollar has continued to fall, dropping below US98 cents as hopes of any progression in the European debt crisis have begun to dissipate. ...
Direct marketing company Sema placed in voluntary administration
Monday, 21 May 2012
Direct marketing company Sema Group has been placed in voluntary administration, with PPB Advisory now searching for expressions of interest in the hope of selling the company. ...
Big four "couldn't give a toss" about small business: Small Business Minister Brendan O'Connor
Thursday, 17 May 2012
The big four banks “couldn’t give a toss” about providing credit to new enterprises, federal Small Business Minister Brendan O’Connor has claimed. ...
Exporters welcome currency drop as dollar stays below parity, banks slash currency forecasts
Tuesday, 15 May 2012
Exporters have enthusiastically welcomed the drop in the Australian dollar to below parity, with industry leaders saying the fall combined with the prospect of even lower interest rates has given the sector a much-needed psychological boost. ...
Balance returning between buyers and sellers in property markets
Monday, 14 May 2012
The level of vendor discounting and the average time on market are important vendor metrics to understand as they provide an insight around selling conditions in the marketplace. ...
Why the big banks won't break their gambling addiction: Kohler
Monday, 14 May 2012
Australia's banks make between $500 million and $1 billion a year each from trading, or what's coyly known as "risk income". But let's call it what it is: gambling. ...
Further rate cuts to prop up business confidence, survey reveals
Monday, 07 May 2012
Businesses are confident activity will increase in the short-term partly due to speculation over interest rates cuts, the latest NAB business survey reveals, although conditions have remained poor. ...
CBA and NAB cut rates but withhold a large chunk of the Reserve Bank’s reduction
Thursday, 03 May 2012
Commonwealth Bank will lower its standard variable interest rate by 40 basis points joining the National Australia Bank in holding back some of the Reserve Bank's 50 basis-point cut earlier this week. ...
Business confidence lifts in December, but employment weaker: NAB report
Tuesday, 31 January 2012
The latest monthly business survey showing confidence strengthened in December but remained below the series long-run average is a creditable result given the European debt crisis, although not a turnaround, a bank economist says. ...
NAB takes a bite out of Apple with design for new retail branches
Friday, 06 January 2012
Apple has always been lauded for its engaging stores, and now the staid world of banking has followed suit with branches designed to engage the senses, and eventually boost your credit line. ...
Business conditions improve in November, NAB tips unemployment to fall to 4.8%
Tuesday, 13 December 2011
Business conditions improved in November, National Australia Bank says, as it lifts its local growth forecasts and tips unemployment will fall to 4.8%. ...
Why NAB didn't pass on the RBA's rate cut in full: Bartholomeusz
Thursday, 03 November 2011
Wayne Swan's attack on National Australia Bank, labelling it ''greedy'' for ''only'' passing onto home loan borrowers 20 basis points of the Reserve Bank's 25 basis point reduction in official interest rates is churlish and betrays a poor memory. ...
NAB profit hits $5.5 billion, Swan warns banks on mortgage rate cuts: Midday Roundup
Thursday, 27 October 2011
National Australia Bank has attributed a 19% jump in full-year cash earnings to $5.5 billion to "revenue momentum in business banking and personal banking in Australia and an improved performance from specialised group assets". ...
Business confidence rises despite sluggish conditions
Thursday, 21 April 2011
Businesses are feeling increasingly confident about the next six months, even in the hard-hit retail, construction and manufacturing sectors, despite little improvement in overall business conditions. ...
The banks are back
Thursday, 07 April 2011
The banks are coming back. After spending the last three years restricting and repricing credit for SMEs – and, in the eyes of some entrepreneurs, leaving businesses high and dry – slowing mortgage markets and a recovering economy has the banks looking at the ...
Rising rental yields and super changes have investors eyeing housing market: NAB survey
Tuesday, 05 April 2011
Improving rental yields and changes allowing self-managed super funds to buy into residential property developments have increased the number of investors looking to get into the market, although a National Australia Bank survey shows credit access remains ...
Cash Converters sells 30% stake to US group: Midday Roundup
Tuesday, 22 March 2011
Cash Converters International has entered a strategic alliance with pawnshop operator EZCORP, selling 30% of the business and making the US-based company its majority shareholder, owning 53%. ...
Westpac still leads business banking satisfaction ratings, but smaller lender still in front
Tuesday, 22 March 2011
Westpac remains the most popular big-four bank among business customers, according to a new survey, although they remain well behind smaller lenders including Bendigo & Adelaide Bank and Macquarie Bank. ...
Mortgage providers fail online test
Friday, 18 March 2011
Australia's banks have experienced a surge in web traffic in the last six months as fired-up mortgage holders take to the internet in search of a better deal. ...
Why Wayne Swan is delusional if he thinks his bank reforms will help consumers: Bartholomeusz
Wednesday, 09 March 2011
Wayne Swan is delusional if he thinks his grab-bag of banking "reforms" is actually going to produce benefits for consumers. More likely they will actually damage the interests of bank customers. ...
