Borrowing strain hits Q1 profit at Australia's NAB, shares dive
National Australia Bank, the country's biggest business lender, said on Wednesday that first-quarter profit slipped as ...
Borrowing strain hits NAB’s Q1 profit, shares dive
NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on ...
National Australia Bank Shares Tumble as Competition Bites
National Australia Bank Ltd.’s shares slid as much as 8.6% after first quarter earnings declined due to competition that ...
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The morning catch up: ASX to dip after 0.25% rate cut and cautious US trade
Westpac extended its losses following a weak trading update, falling 2.97% to $32.31. National Australia Bank (NAB) dropped 2 ...
The Reserve Bank Of Australia Highlights Inflation And Trade Risk In Hawkish February Cut
The RBA cut its cash rate by 25 bps to 4.10%, initiating a new easing cycle amid easing inflation. Click here to read what ...
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Reserve Bank of Australia (RBA) cuts interest rates for the first time since 2020
The Reserve Bank Board of Australia (RBA) announced they had cut interest rates by 25 basis points to 4.10%.  The easing is ...
Australia's central bank cuts rates, cautious on further easing
The rate cut will provide some relief to borrowers and comes as good news for Prime Minister Anthony Albanese, who is facing a tough election to be held no later than May 17.
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Australian central bank cuts interest rates for 1st time in over 4 years
SYDNEY - Australia's central bank on Tuesday cut interest rates for the first time in over four years. The board of governors ...
Why Aussies should call their banks NOW - as the Big Four react to the first interest rate cut in four years
The reduced interest rates rates will be rolled out across all four banks within two weeks - faster than the usual lag of up to three weeks. NAB, ANZ and CBA will offer the new rates in 10 days time, ...
RBA offers rates relief but won’t declare victory over inflation
In delivering a widely expected interest rate cut the Reserve Bank has carefully managed expectations of further interest ...
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Rates cut at last but ‘no victory on inflation yet’
It now expects inflation to remain above the midpoint of its two to three per cent target range until at least June 2027.