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The Latest Breaking News from NAB

Why Commonwealth Bank’s $1 billion suspected loan fraud should change how we bank and do business

The Commonwealth Bank reportedly suspects around A$1 billion in home loans were obtained fraudulently, including through AI-generated documents. The Australian Financial Review says the bank has reported itself to police and the corporate watchdog to investigate.

The Conversation

Inflation to stay on hold in first data post rates hike

The first round of inflation data released after the Reserve Bank chose to lift interest rates will be handed down.

AAP

Aussie shares clinch third session of gains, NAB soars

The washout in precious metals does not appear over, with gold miners still under pressure and dragging on the raw materials sector.

AAP

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Rate rise pain all but certain after inflation shock

Hotter-than-expected inflation figures have convinced analysts the Reserve Bank will lift rates as soon as next week, heaping pressure on mortgage holders.

AAP

Key RBA concern eases ahead of crucial inflation print

An easing in capacity constraints will help soothe some worried minds at Martin Place, but hot inflation data could still force the Reserve Bank to hike rates.

AAP

Magic number that could decide an interest rate hike

Traders now tip a greater-than-50 per cent chance of an interest rate hike in February, but some pundits are holding out hope for a Reserve Bank reprieve.

AAP

Rate hike 'risks hurting' fragile consumer sentiment

A fresh survey of Australian consumer sentiment doesn't make for encouraging reading as the central bank weighs lifting the cash rate at its next meeting.

AAP

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Rates hike still on the table despite softer inflation

A sharper-than-expected fall in inflation will encourage the Reserve Bank of Australia, but underlying price growth remains too hot for comfort.

AAP

RBA reveals what's needed to avert rate hikes in 2026

Two things must occur for the Reserve Bank to be satisfied that current interest rate levels can bring down inflation, board meeting minutes have revealed.

AAP

Plea for spending cuts as banks tip interest rate hikes

Half of Australia's big four banks are tipping the Reserve Bank to hike interest rates at its next meeting as inflation is pushed outside the target zone.

AAP

'Not ready': investors chop down deforestation action

National Australia Bank shareholders have rejected resolutions related to deforestation, but its chairman says he has concerns about the practice.

AAP

Businesses thunderstruck as AC/DC shows boost spending

Australians are opening their wallets as major music acts including Lady Gaga, Metallica and AC/DC help energise the economy.

AAP

Australian economy 'island of security' in risky seas

A shock fall in unemployment has wrong-footed analysts and dashed hopes of further interest rate cuts as the treasurer talks up Australia's economic strength.

AAP

Big four banks slammed for profiting from fossil fuels

Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.

AAP

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AAP

Bank manager denied bail over $200m fraud syndicate

A senior business bank manager is behind bars accused of playing a key role in one of Australia's biggest corporate corruption cases in recent years.

AAP

Australian shares edge higher as investor nerves linger

An early rebound has faded to a modest gain for Australian shares, despite strong performances by miners and energy companies as cautious sentiment continues.

AAP

Loan defaults bad for business as NAB profit takes hit

Business lending is growing for NAB but so is the level of bad debt from that customer segment, pumping the brakes on profits at the big four bank.

AAP

Australian share market pares losses to sneak higher

The local bourse has edged higher on the eve of the Reserve Bank's Melbourne Cup Day meeting, settling after reduced rate-cut hopes weighed on sentiment.

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International Business Times

Melbourne Event Trifecta to Spark $110 Million Business Windfall

Melbourne's upcoming event trio—Oasis, Melbourne Cup Carnival and Metallica—could generate around A$110 million in economic activity, offering a major boost to local hospitality, accommodation and retail sectors.

AAP

RBA drops rates hint as Australia maintains AAA status

Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.

AAP

Pending crypto rules already benefiting Aussie industry

Crypto exchange OKX is seeing doors open up at the institutional level as a result of regulatory clarity in Australia.

AAP

First regulated Australian dollar stablecoin launched

Three former bankers who have launched the first licensed stablecoin pegged to the Australian dollar say such tokens will change traditional payments forever.

AAP

Signs of cooling labour market in surprise job numbers

Australia's unemployment rate has held steady at 4.2 per cent despite thousands of jobs unexpectedly dropping out of the nation's economy.

AAP

Job cuts, work sent offshore 'a win' for bank customers

Two of the four big banks have slashed thousands of jobs within days, with one creating roles offshore it insists will benefit customers.

AAP

Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

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