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
This Month
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
September
Bankers battle against regional branch mandate
Commonwealth Bank boss Matt Comyn said it was unsustainable to invest in the regional network as the use of physical cash declined.
- Lucas Baird and James Eyers
NAB pursues popular budgeting app YNAB over ‘common syllable’
The app, You Need a Budget, is one of the most profitable and downloaded on Android and iPhone, but the big bank says it is “deceptively similar” to its own brand.
- Lucas Baird
August
- Opinion
- Superannuation
Ross McEwan’s important warning to super funds
National Australia Bank boss Ross McEwan has warned super funds there is a world of difference between managing customers’ money, and giving them financial advice.
- Karen Maley
- Opinion
- Chanticleer
NAB buyback is bullish signal on the economy – but not bank profits
That NAB’s board feels confident enough to launch a share buyback speaks to the outlook for the economy and its own balance sheet. But margin pressure is also building.
- James Thomson
NAB reports $1.9b quarterly profit and a surprise buyback
NAB’s $1.5 billion share buyback reflects the bank’s strength, analysts said, defying concerns about deteriorating credit quality and margin pressures.
- Updated
- James Eyers
The daily exercise this young executive does to train on AI
James Chin Moody, the co-founder of Sendle, has recommended young executives get into a daily habit of training with AI, embracing the technology which stands to upturn the future of the workplace.
- Mark Di Stefano and Jessica Sier
July
- Analysis
- Big four
Meet the executives next in line to run the big banks
It’s fast becoming the industry’s favourite guessing game – who will make up the next generation of big bank bosses?
- Karen Maley
- Opinion
- Flexible working
Big test for return to the office starts now
More Australian companies are trying to get more of their employees back to the office more often. They argue it’s better for employees, customers and businesses. Will it work?
- Updated
- Jennifer Hewett
Binance in the crosshairs as NAB bans ‘high-risk’ crypto exchanges
NAB’s head of fraud Chris Sheehan said the ban on payments would apply to “several” in the first instance and could be expanded further in future.
- Lucas Baird
Slowdown hurting young renters more than mortgage holders: Comyn
“We see more renters in stress than those that own their home,” the CBA chief executive said.
- Lucas Baird
NAB boss delivers urgent housing supply warning
Chief executive Ross McEwan has told parliament that a chronic undersupply of stock will clash with Australia’s rising population.
- Lucas Baird
- Exclusive
- BOSS
Why leaders with big egos worry Rob Scott the most
The Wesfarmers CEO started work as a sailing instructor. He went on to win an Olympic rowing medal, marry an Olympian and run a $56 billion company. Oh, and he wants his staff in the office.
- Carrie LaFrenz
June
‘Unmanageable’: CEOs demand urgent fix for housing
NAB boss Ross McEwan and property leaders warn that a failure to solve the problem will accelerate the sharp rise in property prices and rents.
- James Eyers and Nick Lenaghan
May
Call to scrap credit test to free households from mortgage prison
An increasing number of prospective borrowers and refinancers are unable to take out a loan because they cannot pass the Australian Prudential Regulation Authority’s serviceability test.
- Michael Read
Investors punish NAB for profit pain
The bank’s shares closed 6.4 per cent lower as investors fretted about competition eating into revenue and rising funding costs.
- Ayesha de Kretser and James Eyers
- Opinion
- Big four
Why NAB’s profit increase got a slow clap from investors
NAB’s jump in profits hasn’t impressed the market as investors worry that the best might be behind the banks.
- Jennifer Hewett
NAB shares slump as earnings disappoint
National Australia Bank said earnings from home loans fell in the first half, as its shares opened sharply down on concerns about margins and competition.
- Updated
- Ayesha de Kretser and James Eyers
- Opinion
- Chanticleer
NAB’s share price plunge reflects banks’ profit pain
The expected profit boost from higher interest rates has evaporated, casting a pall over a result that tells the story of National Australia Bank’s turnaround.
- James Thomson
