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National Australia Bank News

News on National Australia Bank (Ticker: NABZY) continually updated from thousands of sources around the net.

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)

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Related Topix: Australia and New Zealand Banking Group, Financial Services, Australia, World News, Weather, Meteorology, Science, Science / Technology

Sun Jul 27, 2014

Bloomberg

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.

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Related Topix: Banking, Financial Services, National Australia Bank, Automakers, Brilliance China Automotive Holdings

West Australian

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.

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Related Topix: Financial Services, National Australia Bank, Banking

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.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Credit Card Debt

Fri Jul 25, 2014

Sunday Herald

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.

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Related Topix: Small Business, Personal Finance, Financial Services, National Australia Bank, Banking

Thu Jul 24, 2014

The Age

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.

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Related Topix: Financial Services, Mortgage, Personal Finance, Home

Wed Jul 23, 2014

Reuters

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.

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Related Topix: Automakers, Brilliance China Automotive Holdings, Banking, Financial Services, Commonwealth Bank of Australia, National Australia Bank

ABC News

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.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services

Yahoo!

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.

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Related Topix: Financial Services, Home, Mortgage, Personal Finance

The Age

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.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services

Thu Jul 17, 2014

Yahoo!

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.

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Related Topix: Financial Services, National Australia Bank, Banking

Wed Jul 16, 2014

Jerusalem Post

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.

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Related Topix: Financial Services, Financial Markets

ABC News

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.

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Related Topix: Banking, Financial Services, National Australia Bank

Tue Jul 15, 2014

NEWS.com.au

Consumers anxious over Budget

SCHOOLS have stepped up their focus on financial literacy but children's money lessons still need to start at home.

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Related Topix: Financial Services, Personal Finance, Mortgage

The Age

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.

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Related Topix: Financial Services

Mon Jul 14, 2014

Yahoo!

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.

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Related Topix: Banking, Financial Services, Financial Markets, National Australia Bank

Sun Jul 13, 2014

ABC News

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.

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Related Topix: Financial Services, National Australia Bank, Banking

AmericanBankingNews.com

National Australia Bank's Underweight Rating Reaffirmed at JPMorgan Chase & Co.

's stock had its "underweight" rating reaffirmed by equities researchers at JPMorgan Chase & Co.

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Related Topix: Financial Services, National Australia Bank, Banking, JP Morgan Chase

Fri Jul 11, 2014

The Age

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.

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Related Topix: Home, Mortgage, Personal Finance, Financial Services, Canada

Thu Jul 10, 2014

ABC News

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.

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Related Topix: Financial Services, National Australia Bank, Banking

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