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The Latest Breaking News from NAB

Can Australia’s newest bank give the ‘big four’ some real competition?

Australia officially has a new bank. Last week, the Australian Prudential Regulation Authority granted Revolut Australia a full banking licence. This means it can now accept deposits as an Australian bank, offer eligible deposit products protected under the Financial Claims Scheme, and expand its savings and lending services.

The Conversation

Shares fall from multi-month high as confidence wanes

The ASX has handed back most of Wednesday's gains, as fresh strikes between the US and Iran stoked fears about global inflation and growth.

AAP

Jobs data tops economic agenda as Iran war re-escalates

Resilient jobs data is a bright spot for Australia's economy but the longer the Middle East conflict drags on, the worse the prospect for growth and inflation.

AAP

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Trump threatens to shoot down signs of economic rebound

Oil prices are rising again as conflict between the US and Iran reignites, threatening a recent recovery in household confidence and spending.

AAP

What's in store for Beaumont Street's landmark former bank building

Plans have been lodged to transform the former NAB Bank building.

Newcastle Herald

Pakistan HC grants Imran Khan, Bushra Bibi 2 weeks to begin arguments in Al-Qadir case

Imran Khan alongside Bushra Bibi has been granted a two-week window by the Islamabad High Court to initiate final arguments in their appeal regarding their conviction in the Al-Qadir corruption case. Additionally, the court dismissed various contempt petitions associated with securing signatures on legal documents. The allegations encompass a £190…

The Times of India

Australia risks losing its ‘corporate brain’ if more high-value jobs keep being sent offshore

This year, some of Australia’s biggest and best known companies – Telstra, National Australia Bank (NAB), Officeworks and Woolworths – have decided to cut jobs locally, while creating more overseas. Those will mainly be in India, the Philippines and Vietnam.

The Conversation

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Slowing economy could shut the door on more rate hikes

Stagnant productivity means households face higher inflation and lower living standards but the treasurer hopes cheaper housing will ward off voter discontent.

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