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The Latest Breaking News from National Australia Bank

Bank profits jump but rising interest rates are a double-edged sword

Australia's big four banks raked in nearly $30 billion in profits over the 2022 financial year as people struggled with the cost of living. And higher interest rates will put more mortgage borrowers at risk.

NAB blasted for incorrect customer fees

NAB blasted for incorrect customer fees

The Federal Court has found that National Australia Bank engaged in unconscionable conduct by overcharging customers in periodic payment fees for several years.

No interest loans on the rise as pandemic and cost of living prices take their toll

No interest loans on the rise as pandemic and cost of living prices take their toll

When everything went wrong financially for Rosetta Ianchello, a scheme set up by charity Good Shepherd and the National Australia Bank helped her to manage her debt.

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ANZ's takeover of Suncorp will reduce bank competition – but will that be enough to block it?

Australia has one of the world’s most concentrated banking sectors, with its four biggest banks – Commonwealth Bank, National Australia Bank, Westpac and ANZ – holding more than about three-quarters of the market.

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Confidence drops among small business

Confidence and conditions dropped among small and medium-sized businesses during the March quarter, a National Australia Bank survey shows.

Star gambler's China bank card paid debt

An inquiry has heard that a Chinese-born property developer paid casino debts with bank cards that were used to disguise gambling expenses at The Star casino.

Businesses back on track after Omicron hit

The National Australia Bank monthly business survey showed both confidence and conditions rose in February as the impact of Omicron receded.

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Interest rates are already rising but borrowers can cope, says NAB boss Ross McEwan

Interest rates are already rising but borrowers can cope, says NAB boss Ross McEwan

National Australia Bank's boss warns variable mortgage rates will "probably" rise later this year, but said his customers are mostly well positioned to cope.

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