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The Latest Breaking News from NAB

Green shoots for economy as Australia snaps dire record

Australia has accelerated out of an economic slump after expanding by 1.3 per cent in 2024, leading to a rise in per capita growth - a proxy for prosperity.

AAP

Aussie shares plunge to five-week low on weak earnings

The ASX200 finished down 1.2 per cent on its biggest day of earnings season, with heavy losses for the big four banks, Fortescue and Goodman Group.

AAP

Financial sector suffers worst loss in five weeks

The ASX200 was down 0.3 per cent at midday, on track for its third day of losses amid more weakness from the financial sector.

AAP

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Bank moratorium 'too late' for rural towns left behind

The federal government has announced a moratorium on regional bank closures, but it's cold comfort for those who have already lost their local branches.

AAP

Rate hopes to lift business, consumer spirits

Confidence is rising as consumers and businesses hold out hopes for interest rate relief in 2025, surveys are expected to show.

AAP

Big bank clips rates as RBA mulls next move

Strong retail spending figures are not expected to deter the Reserve Bank from cutting rates at its next meeting as one big bank lowers fixed-rate loans.

AAP

Fresh data to shed light on retail, housing strength

Australians are expected to have pulled back on retail spending after major sales, with the latest data unlikely to shift the dial for the Reserve Bank.

AAP

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Aussie shares set another record on back of rates hype

The ASX200 has risen almost half a per cent to finish at its highest-ever level and end January up 4.6 per cent from where it started.

AAP

Aussie shares hit record high as rate-cut hopes grow

The ASX200 has hit a new high in intraday trading and finished just under its all-time closing record amid optimism the RBA will cut rates at its next meeting.

AAP

Crucial inflation readout to determine RBA rate call

Mortgage relief could be just around the corner if predictions of a faster-than-expected fall in price growth are borne out in ABS data released on Wednesday.

AAP

Trio avoid going to jail over attempted $21m bank fraud

A group including a former senior employee have been spared time behind bars after attempting to defraud a major bank out of more than $20 million.

AAP

Pakistan’s ex-PM Imran Khan, wife sentenced to jail in corruption case

Khan and Bushra Bibi’s convictions risk derailing Khan’s PTI and government talks aimed at settling a long-running feud.

Al Jazeera

Tourists splash cash in Australia's holiday hotspots

Parking nightmares and long lines at coffee shops are common in Australia's beachside towns during peak season - a period local businesses rely on.

AAP

Inflation, retail sales kick off 2025 economic calendar

The new year is off to a big start on the economic front with new inflation and retail sales figures due to be released.

AAP

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AAP

Activists want banks' actions to match words on climate

Activists are heartened that Australia's big banks took steps to limit lending to fossil fuel companies this year, but also have questions.

AAP

Bank shareholders reject climate disclosure for lending

A big-four bank will not need to spell out its lending intentions for fossil fuel companies as shareholders reject a pitch to change its constitution.

AAP

How China uncertainty could push back RBA rate cut

Unexpected jobs figures have diminished hopes of an interest rate cut in February but favourable inflation data could put lower mortgage costs back on the menu.

AAP

Aussie shares finish flat as dollar hits a 13-month low

The ASX200 finished basically unchanged, while the Australian dollar has slid below 64 US cents for the first time in more than a year.

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AAP

Calls for leniency over 'inept' attempts to fleece bank

A group's attempts to defraud a major bank out of more than $20 million have been described as rudimentary and doomed to fail.

AAP

Aussie shares hit third all-time high in a week

The Australian share market has reached another milestone as nine of the ASX's 11 sectors finished higher.

AAP

ASX rebounds in afternoon trade to nearly finish up

The local share market clawed back most of its morning losses to finish down 0.1 per cent for the day, but up 3.4 per cent in November.

AAP

NAB sued for failing customers in financial hardship

Customers facing issues such as domestic violence and serious medical conditions were let down by NAB in their requests for support, a lawsuit alleges.

AAP

NAB boss flags trade war risk as annual profit dips

National Australia Bank boss Andrew Irvine is worried about the risk of a trade war between the US and China, and its implications for the Australian economy.

AAP

February rate cut hopes hinge on jobs market softening

The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows.

AAP

Banks at odds over easing lending restrictions

Easing lending requirements so more first homebuyers can get a mortgage has received mixed reviews, with warnings more borrowers would face crippling debt.

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