16 hrs ago
The Washington Post
Wheat Production in Parts of Australia Seen Hurt by Dry Weather
Dry conditions are set to curb output in the northern wheat-growing regions of Australia, the world's fourth-biggest exporter, as producers stay on watch for El Nino, according to Australia & New Zealand Banking Group Ltd. and National Australia Bank Ltd. Farmers in northern New South Wales and Queensland are challenged by sporadic rainfall and low ... (more)
Sun Jul 27, 2014
NAB Sells 625 Million Pounds of U.K. Loans to Cerberus
National Australia Bank Ltd. , the nation's biggest lender by assets, agreed to sell a 625-million-pound parcel of mostly non-performing commercial property loans in the U.K. to an affiliate of Cerberus Global Investors.
Australia's NAB sells $1 billion UK property loan portfolio
National Australia Bank Ltd has agreed to sell a 625 million pound portfolio of mostly non-performing UK commercial property loans to private equity firm Cerberus Global Investors.
Sydney Morning Herald
Banking NAB says mortgages well under control
Households are paying off their home loans faster as banks slash interest rates to record lows, with National Australia Bank saying 85 per cent of its mortgage customers are ahead of their minimum repayments.
Fri Jul 25, 2014
Small business customers face identity checks by Clydesdale
Small business customers of Clydesdale Bank whose property-backed loans were transferred to National Australia Bank two years ago have been asked to supply their passports for a new identity check.
Thu Jul 24, 2014
Fixed rates 'too good to pass up'
The Commonwealth Bank, National Australia Bank and Westpac on Wednesday cut their longer-term interest rates to below 5 per cent.
Wed Jul 23, 2014
Australia shares nudge higher on China PMI; banks lead
Australian shares added 0.2 percent on Thursday, extending a six-year high, as Wall Street climbed and sentiment was boosted by a preliminary Chinese manufacturing index rising at its fastest pace in 18 months.
Five-year fixed mortgage rates plummet as bank competition heats up
Competition in the home loan market has intensified further, with two major banks slashing their five-year fixed mortgage rates.
CBA sparks fixed rate loan war
Australians are being warned against diving in to fixed rate home loans despite the Commonwealth Bank sparking a price war and slashing its five-year rate.
CBA, NAB, Westpac cut fixed rates
Three of the country's largest banks have slashed their fixed mortgage rates, fighting to win new customers by allowing borrowers to lock in longer-term interest rates of less than 5 per cent.
Thu Jul 17, 2014
Australian market set to open lower
The Australian market looks set to open lower following falls on international markets after a Malaysian airliner crashed in rebel-held east Ukraine in an incident some Ukrainians blame on pro-Russia separatist forces.
Wed Jul 16, 2014
Forex - Australian dollar down after NAB Q2 survey mixed
Investing.com - The Australian dollar further weakened on Thursday in Asia after a private bank survey on business conditions paited a mixed picture.
Disgruntled customer offers $2m home as prize in campaign against NAB
A disgruntled National Australia Bank customer is offering his $2.6 million home as a prize for people to join his campaign against the bank.
Tue Jul 15, 2014
Consumers anxious over Budget
SCHOOLS have stepped up their focus on financial literacy but children's money lessons still need to start at home.
Consumer anxiety jumps on tough budget
Consumer anxiety rose sharply in response to spending cuts and tax hikes announced in the federal budget, with women, low income earners and families hit the hardest.
Mon Jul 14, 2014
Aust bonds weaker ahead of RBA minutes
National Australia Bank fixed interest strategist Skye Masters said there had been little movement during the domestic session after future prices weakened in line with US Treasuries on Friday.
Sun Jul 13, 2014
Monday Finance with Alan Oster
Some in the business community fear a fractious Senate imposing onerous regulations on companies could further dampen business and consumer confidence.
Fri Jul 11, 2014
Thorburn NAB's new straight shooter
As chief executive of Bank of New Zealand in 2012, Andrew Thorburn did something highly unusual for a bank boss.
Thu Jul 10, 2014
Unemployment data hits dollar, market rises
The Australian share market has broken its run of losses this week, ending today's session 0.2 per cent higher.