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National Australia Bank

August 2024

  • Commonwealth Bank logo on a wall

    Banks including CBA criticised for cutting term deposit rates but not mortgage rates

    ‘Sneaky’ move comes as ACCC calls out complex rate-setting policies and notes lack of aggressive price competition in the sector

November 2023

  • The Nab bank logo

    National Australia Bank reports 8.8% lift in cash profit to $7.7bn

  • Taylor Swift performing on stage

    Taylor Swift: warning over fake tickets as NAB urges punters to be wary of social media scams

August 2023

  • National Australia Bank street signs

    The rural network
    NAB defends branch closures, says most customers use phone or online services

    National Australia Bank stands in stark contrast to its peers, which put regional branch closures on hold in the wake of an inquiry

July 2023

  • A statue of Themis, the Greek god of justice

    Sydney woman who defrauded NAB of more than $19m jailed for at least eight years

  • Under the deal struck by NAB and the Financial Sector Union, employees can request to work from home and appeal unreasonable refusals.

    NAB offers staff 17.5% pay increase over four years to ease anger over return-to-office edicts

May 2023

  • People are seen walking past an ANZ branch in Melbourne, Australia

    Banks cash in on RBA interest rate hikes as customers grapple with rising repayments

    Bumper bank results reflect that rate rises have allowed lenders to charge borrowers more, while holding back increases for depositors
  • A National Australia Bank (NAB) sign adorns a branch office in Melbourne

    NAB profit surges to more than $4bn in six months, driven by interest rate hikes

    National Australia Bank describes outcome as ‘good, strong set of results’ but acknowledges more customers showing signs of financial distress
  • A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB) signage in Sydney, Saturday, May 5, 2018. (AAP Image/Joel Carrett) NO ARCHIVING

    Australia’s big four banks may be at peak profitability but fat margins aren’t over, analysts say

    Forecast to post a combined $16.2bn six-month profit, the big four are facing a looming plateau – but analysts expect strong earnings to continue

February 2023

  • Gabrielle Chan

    The rural network
    Australia needs a new plan to keep rural banks open before they all get turned into cafes

    Gabrielle Chan
    Financial services are essential to keeping regional areas alive but continuing bank closures are putting communities at risk
  • Banks don’t necessarily profit from receiving higher residential and business loan repayments – they are in the margin game.

    Having a lend: does our money go straight to the banks when mortgage rates go up?

    While lending rates and funding costs drive profitability of banks, other factors are also at play, such as bad debts and the health of the economy
  • National Australia Bank logo

    Rising interest rates boost NAB’s quarterly profit to $2.15bn

    National Australia Bank warns cash rate increase ‘also causing economic growth and house prices to soften’

November 2022

  • An aerial view of flood waters inundating the town of Gympie in Queensland

    Australia’s banks likely to reduce lending to regions and sectors at risk of climate change impacts, regulator says

    Apra finds country’s banks may be more vulnerable to economic downturns as they face threefold increase in lending losses

August 2022

  • A general view of the front of Treasury Brisbane Casino

    Star casino inquiry hears people banned from interstate venues were ‘encouraged to come to Queensland’

    Money laundering will play central role in review into Star’s suitability to hold licences in Queensland as public hearings begin

March 2022

  • Aerial view of a wheat harvest near Moree, Australia

    Fuel and food prices set to rise as Russian invasion affects Australia’s economy

    Reliance on commodity exports may assist country as world scrambles to find non-Russian sources of energy, metals and food

December 2021

  • NAB

    NAB staff claim ‘dehumanising’ overwork causing physical and mental health problems

    ‘I drove my car off the road,’ employee claims in report that finds excessive unpaid overtime has become normalised at National Australia Bank

November 2021

  • National Australia Bank headquarters in Sydney

    NAB pledge to limit funding for fossil fuels full of loopholes, activist investor group says

    National Australia Bank commits to cap lending to oil and gas at US$2.4bn but Market Forces calls it a ‘cynical greenwashing exercise’

February 2021

  • A reclaimer places coal in stockpiles at the coal port in Newcastle.

    ANZ to stop lending to Australia's biggest coal port over its exposure to fossil fuels

    NAB to step in to help Port of Newcastle refinance under agreement reported to bind it to reducing carbon emissions

January 2021

  • Rosemary Rogers

    Former NAB executive Rosemary Rogers jailed for defrauding bank of millions of dollars

    The former chief of staff to the CEO was motivated by greed, personal gain and self-gratification, prosecutors argued

May 2020

  • A composite image of signage of Australia’s ‘big four’ banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB)

    Watchdog oversees $160m in payouts from Australian banks that sold junk insurance

    Eleven lenders are compensating more than 434,000 customers after selling them insurance they couldn’t use
About 22 results for National Australia Bank
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