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The Latest Breaking News from NAB

Andrew Thorburn will take over as CEO of Essendon on November 1, joining president Dave Barham and coach Brad Scott as new key appointments.

AAP

Monthly mortgage repayments could jump by $1000, as RBA weighs another rate hike

Homeowners with a mortgage of $500,000 could be facing monthly mortgage payment increases of just under $1000 by the end of the year

The New Daily

Adelaide man enlists help from former South Australian senator Nick Xenophon after losing $36,000 to scammers

Former South Australian senator Nick Xenophon is preparing legal action against one of Australia's biggest banks, alleging it failed to respond quickly enough to a scam.

ABC News

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Morning mail: huge CEO pay rises, Faruqi considers Hanson complaint, Morrison ministries letters revealed

Thursday: the CEOs of Australia’s top 20 companies got an average 17% pay rise this year. Plus: why a ‘wobbly moon’ may have killed Australian trees

The Guardian - AU

Australian jobless rate lifts to 3.5pct

The jobless rate grew to 3.5 per cent in August, lifting from the record low 3.4 per cent figure in July.

AAP

CEOs of Australia’s top 20 companies given nine times the pay rise of full-time workers

Australia Institute urges 60% income tax on earnings above $1m a year

The Guardian - AU

'Chasm' between weak consumers and booming businesses widens. How and when will it close?

Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.

ABC News

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Chris Kerr relishing new chapter with Ballymacnab after injury nightmare

Antrim goalkeeper pondered retirement earlier this year before linking up with Armagh side

Belfast Live

Ballymacnab boss Barry Dillon lauds Rory Grugan impact ahead of Cullyhana clash

Holders Clann Éireann and recent winners Crossmaglen and Maghery will be hoping to avoid early exits from the Armagh SFC this weekend

Belfast Live

Which banks are passing on the latest RBA interest rate rise to mortgage holders? NAB kicked it off, then ANZ and Commonwealth followed suit

On Tuesday, the Reserve Bank of Australia announced it was raising the cash rate to 2.35 per cent. But Australia's big four banks have been slow to respond.

ABC News

Accused was 'friend and lifestyle funder'

A jailed NAB staffer has told a jury she was comfortable with supporting an alleged fraudster as she received numerous luxury benefits.

AAP

Jailed fraudster tells jury of kickbacks

A former NAB chief-of-staff imprisoned for receiving corrupt benefits has testified at the fraud trial of a businesswoman accused of paying her the kickbacks.

AAP

Australians are losing billions in scams and there are calls for banks to pay them back

Sylvia Chou was looking forward to a comfortable retirement before she fell victim to an online investment scam, that she said her bank NAB should have stopped.

ABC News

Pakistan: PTI's Billion Tree Project hit by claims of corruption

Initiated by Pakistan Tehreek-e-Insaf (PTI), the Billion Tree Project in Khyber Pakhtunkhwa has been hit by the provincial government's corruption and failure, according to reports. Read more on Dynamite News:

Dynamite News

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AAP

Fraud trial jury told of anonymous letter

An alleged NAB fraudster had nothing to do with the recruitment of ex-premier Mike Baird except for greeting him at hotel meeting, jury told

AAP

Ex-NAB CEO denies bonuses in fraud trail

A former NAB CEO has said he did not allow travel and hotels as staff bonuses as he gave evidence in a trial against accused fraudster Helen Rosamond.

AAP

Assault after kiss, fraud case jury told

The ex-husband of an alleged bank fraudster has told a jury he signed over companies to her after assaulting her and his best friend after seeing them kiss.

AAP

Alleged fraudster was a success, jury told

The ex-husband of a woman accused of defrauding NAB of millions of dollars has told a jury she was a success story managing projects around the world.

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The Canberra Times

The regional areas proving a hit with first-home buyers

New data from NAB has revealed the regional locations proving popular with first-time buyers.

AAP

Fraud-accused exec points finger at friend

A Sydney executive accused of helping siphon millions of dollars out of NAB to go on lavish trips, vehicles and a home disputes the scheme was all her idea.

AAP

Stolen NAB millions used as bribes: crown

A Sydney executive is on trial in Sydney accused of using stolen money to pay for a series of lavish gifts and bribes, including a $620,000 holiday.

The New Daily

Michael Pascoe: RBA jawbone has done its job with consumers

Consumer sentiment normally has a political bias – voters for the government of the day survey more optimistically than those supporting the opposition.

ABC News

Business confidence rises with strong profits, but consumers are getting more pessimistic

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

ABC News

CBA, ANZ, Westpac and NAB lift interest rates after two days of 'radio silence'

After two days of silence, Commonwealth Bank was the first of the "big four" banks to lift interest rates on its variable mortgages by 0.5 percentage points — in an uncharacteristically slow response to the Reserve Bank's rate hike on Tuesday.

AAP

Unemployment rate hit 48-year low in June

Economists are using words like "stunning" and "staggering" after Australia's unemployment rate fell to 3.5 per cent in June, the lowest rate since August 1974.

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