ASX Announcements
Shareholder resolutions for consideration at the 2023 AGM
Notice of Meeting - Other
- Oct 16, 2023
- 2 pages
Amendments to NAB DRP and BSP Rules
Security Purchase Plan, Dividend Reinvestment Plan
- Oct 5, 2023
- 14 pages
Notice given in accordance with Corps Act s259C exemption
Security holder details - Other
- Oct 3, 2023
- 5 pages
Notification of cessation of securities - NAB
Appendix 3H (Notification of cessation of securities)
- Oct 2, 2023
- 4 pages
Today
- Opinion
- Chanticleer
Near-record house prices can’t disguise a broken market
With house prices on pace to set new all-time highs, Australia’s affordability crisis is deepening. NAB chief executive Ross McEwan says a key solution will underpin urgent action.
- James Thomson
NRMA to offer home loans funded by Bendigo Bank
Like Qantas, the IAG-owned insurer will distribute mortgages to its customers via an origination platform created by fintech Tic:Toc, funded by Bendigo Bank.
- James Eyers
Yesterday
‘Shiny shopfronts’ led police to bust $10b Chinese crime ring
Seven people have been arrested in connection to an alleged Chinese money laundering ring whose operators were said to lead lives of luxury.
- Patrick Durkin
This Month
NAB swings the axe in markets division; thins out commodities team
Street Talk understands the bank has let go of Ivan Colhoun, its chief economist for corporate and institutional banking.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NAB says AI will cut the drudgery for its bankers
The bank is working with Microsoft to embed AI into its 365 software, which bankers use for emails and presentations. It is also using AWS and Databricks.
- James Eyers
- Exclusive
- Property development
Lighthouse gets $130m social loan from CBA, NAB
Specialist disability housing could grow to be a $10 billion sector but it could also boost the development of a new loan asset class.
- Michael Bleby
Tokenisation of real-world assets is the killer app for crypto
What if crypto was not only a speculative asset class but a new technology stack for financial markets?
- James Eyers and Jessica Sier
Former NAB director’s art collection goes under hammer
Artwork in the estate of a Melbourne business blue-blood who shrugged off a fraud scandal in the 1990s will go under the hammer in Melbourne on October 29.
- Elizabeth Fortescue
NAB, CBA switch on digital identity checking service
ConnectID is live at two major banks, with two more to follow, making transacting easier for SMEs, real estate agents and sellers of alcohol.
- James Eyers
Big four-backed growth fund hunts for cutting-edge investment ideas
Australian Business Growth Fund chief Anthony Healy wants to inject more capital into sectors such as technology, cybersecurity, manufacturing and defence.
- John Kehoe
- Exclusive
- Jobs
Big business used to offshore jobs. Canva is helping start-ups do it too
Growing start-ups are increasingly hiring in Manila, the low-cost outsourcing destination that has grown beyond stereotypical customer service roles.
- Nick Bonyhady
Xpress servos up for sale to recoup NAB losses
Receivers of the fuel business that is allegedly behind a $43 million fraud scheme targeting NAB have put the company’s petrol stations up for sale.
- Campbell Kwan
Angry British business customers drag NAB to the courtroom
An 11-week trial, six years in the making, could open the gates for a class action against the bank and its former British unit Clydesdale, now known as Virgin Money.
- Hans van Leeuwen
Major banks speed past 2000 job cuts in 2023
The big four banks have made more than 2000 workers redundant this year as they tighten their belts in response to growing cost pressures.
- Lucas Baird
Bank investors brace for CBA’s response to its shrinking loan book
The bank faces increasing competition from ANZ and Westpac, where a “wild internal battle” for the top job has created a push for more market share.
- James Eyers
Caution creeps into green finance market
As investors and regulators lift the credibility bar for borrowers, the sustainability-linked finance market faces its first real confidence test.
- Updated
- Jonathan Shapiro
NAB veteran Angela Mentis retires, changing CEO succession race
The bank has lost a second senior executive this year, with its data and digital boss following former CFO Gary Lennon out the door.
- Updated
- James Eyers
CBA home lending slide flags new mortgage war
The loan book at the country’s largest bank has shrunk for two consecutive months for the first time in 20 years. Analysts say it will respond with lower prices.
- James Eyers
Westpac hits market share high in mortgages
Westpac boosted its share of the home loan market to 21.4 per cent – biting into the all-dominant Commonwealth Bank.
- Lucas Baird
September
BoQ cuts 250 jobs as profit takes a hit
Bank of Queensland has become the latest bank to reduce its staff ahead of revealing its results next month.
- Liam Walsh
