Categories
Economy

NAB Profits Crash & Trading Halt

National Australia Bank’s profits are down 51% and their shares have been placed in a trading halt.

Categories
Economy

Banks Delay Open Banking

Open Banking has been delayed in Australia.

Categories
Economy

Business Confidence is Down

Business Confidence is Down.

Categories
Finance

Bank Shares Plunge

Bank shares plunge.

Categories
Economy Finance

NAB Profit Plunges

#NAB #Banking #HeiseSays NAB profits plunge. References https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/fy19-investor-presentation.pdf ‘Disappointing’: NAB profits tumble 10.6 per cent, executives miss out on bonuseshttps://www.smh.com.au/business/banking-and-finance/nab-profits-tumble-10-6-per-cent-as-customer-compensation-costs-bite-20191107-p5385q.html

Categories
Economy Finance

Banks Profits Plunge

#Banks #Profits #HeiseSays The profits of the big four plunge. References Banks’ messy results will not cloud the not-so-pretty picture https://www.abc.net.au/news/2019-10-27/banks-messy-results-will-not-cloud-the-not-so-pretty-picture/11639074?section=business

Categories
Construction Economy

The Walton Construction Collapse Lawsuit

#Construction #NAB #Walton NAB is facing a potential $74 million lawsuit from over 1000 creditors for their apparent role in the Walton Construction Collapse. References https://www.abc.net.au/news/2019-09-04/nab-could-face-$74million-suit-over-walton-construction-collapse/11466506?section=business

Categories
Economy NAB Monthly Business Survey

NAB’s Monthly Business Survey Results – July 2019

#NAB #Business #Confidence References NAB Monthly Business Survey: July 2019 https://business.nab.com.au/wp-content/uploads/2019/08/NAB-Monthly-Business-Survey-July-2019.pdf