55 min ago
No reason for gloom as economy transitions: NAB
National Australia Bank chief executive Cameron Clyne says taxpayer funds in bailing out some industries could be better spent investing in sectors such as technology that will provide jobs of the future.
Trending on the Topix Network
Tue Mar 11, 2014
Fitch Rates NAB's First Domestic Covered Bond 'AAA'/Stable
SYDNEY, March 11 Fitch Ratings has assigned National Australia Bank Limited's Series 19-1 issue of AUD750m mortgage covered bonds a rating of 'AAA'.
Mon Mar 10, 2014
Sydney Morning Herald
Gloomy outlook for business conditions
Australian business conditions slumped in February after rising to almost three-year highs at the start of the year, as sales and employment indicators weakened amid the soft jobs market.
Tue Mar 04, 2014
NAB Sells Its First Australian Covered Bond Since Change to Laws
National Australia Bank Ltd. raised A$750 million with its first domestic covered bond sale since a 2011 law change allowing Australian lenders to sell the collateral-supported securities.
Sun Mar 02, 2014
NAB cuts fixed home loan rates
NAB has cut its fixed interest rate for two-year terms to the lowest level in more than 20 years.
Tue Feb 25, 2014
Home building sector still sluggish
The housing construction sector struggled to gain strength at the end of 2013, a sign that the recovery in non-mining investment is still sluggish.
Mon Feb 24, 2014
Australia shares climb to 5-1/2 year highs, strong earnings underpin
Australian shares rose to 5-1/2 year highs on Tuesday morning, supported by gains in the banking sector and a jump in QBE Insurance shares on optimism profit margins will improve in 2014 despite the insurer suffering an annual loss.
Forgery claim in Caratti battle
Nathan Caratti, Rebecca Caratti, Maddeliene Caratti and Jamie Pollock outside the Supreme Court last week.
Sun Feb 23, 2014
Stocks to watch on Monday
APN News & Media shares have jumped after trading resumed following a $112 million capital raising to take full control of its radio businesses.
Fri Feb 21, 2014
Clydesdale showing signs of improvement
CLYDESDALE Bank has warned it may have to make extra provisions for customer redress but said its overall business was showing signs of improvement.
Aust market continues strong rally
The All Ordinaries index was around 0.6 per cent up by early afternoon, putting it at its highest level since June 2008, IG Markets strategist Evan Lucas said.
Sydney Morning Herald
Mortgages lift NAB profit but UK complaints may bite
National Australia Bank has posted a $1.55 billion quarterly profit to continue a run of upbeat results by the major banks, but warned that it was facing the prospect of higher claims from disgruntled customers in the United Kingdom.
Thu Feb 20, 2014
NAB still facing troubles in the UK
National Australia Bank has grown its quarterly cash profit to $1.55 billion, but warns it could face more costs in its troubled UK businesses.
The Washington Post
NAB First-Quarter Cash Profit Up 7% on Lower Bad Debt Charge
National Australia Bank Ltd., the country's largest lender by assets, reported a 7 percent rise in first-quarter profit on lower bad debt charges and flagged a possible increase in provisions for its U.K. business.
NAB grows 1Q profit to $1.55bn
National Australia Bank has grown its cash profit in the first quarter by seven per cent to $1.55 billion.
Sun Feb 16, 2014
Australia stocks start higher as miners rise
Australia stocks enjoyed early Monday gains after an advance for commodities and U.S. stocks since the last session, with a relatively good reception for earnings.
Sat Feb 15, 2014
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OFFICIALS from the Bali Prosecutions service intend to visit Schapelle Corby as early as today to ascertain where she plans to live.
Thu Feb 13, 2014
Red-hot Brisbane leads property pack
PROPERTY prices are tipped to grow throughout all capital cities this year with new forecasts tipping average capital city house prices will rise by about 6 per cent.
Mon Feb 10, 2014
The New Zealand Herald
NZ shares gain on upbeat Australian figures
New Zealand stocks rose as earnings growth from Australia & New Zealand Banking Group and signs of an improving Australian economy lifted sentiment on companies doing business across the Tasman, such as Fletcher Building and Ebos Group.
ANZ First-Quarter Profit Rises 13% on Lower Impairments
Australia & New Zealand Banking Group Ltd. , Australia's third-largest bank by market value, said its first-quarter cash profit climbed 13 percent from a year earlier on higher lending and lower bad debt charges.