National Australia Bank
Mortgage competition between Aussie homeowners and investors heats up
Mortgage competition between Aussie homeowners and investors heats up
First-time homeowners increasingly need to take on more debt to afford a house.
4 days ago
NAB earnings outlook tempered by higher costs and loan competition
The bank does have low levels of problem loans and a strong funding profile, Moody’s said.
Westpac faces earnings pressure despite strong asset base: Moody’s
Its NPL ratio has improved and its deposit base is stable.
Australia’s Ubank surpasses 1 million customers
It has named social media, particularly Tiktok, as an acquisition channel.
NAB sees net profit dip 2.9% to A$6.76b in FY2025
The group saw a deterioration in its business lending portfolio, the bank reported.
National Australia Bank pledges $39.3b to address housing crisis
Australia is not building enough homes to make housing accessible, the CEO said.
NAB’s Ubank expands Passkeys feature to online banking
The digital bank now enables fingerprint or facial recognition logins online.
NAB has given out $2b in new green business loans
Demand has surged from businesses related to energy, EVs, property, and agriculture.
NAB boards mourns passing of former director David Armstrong
Armstrong was with NAB from 2014-2023.
NAB names Kanishka Raja as CEO of Ubank
Raja has held leadership roles in Ubank for the past four years.
NAB names Inder Singh as group CFO and group executive, strategy
He joins NAB in March of 2026, whilst Shaun Dooley returns to his group CRO role.
NAB to require facial biometrics for new customers
Customers will be required to scan an identification document and face match.
National Australia Bank fined $15.5m for failing to respond to hardship claim
NAB and subsidiary AFSH are required to publish an adverse publicity notice.
NAB, Westpac cut interest rates of home loans
Westpac also cut the interest rates of deposits.
NAB invests $55m to upgrade over 100 branches across Australia
About 82 of the branches upgraded are in regional Australia.
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
Aussie banks welcome confirmation of payee system
It will check if the account names and numbers entered by the payer.
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