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The Latest Breaking News from NAB

'Sea of red': worst day for ASX in more than four years

The Australian share market has suffered its biggest daily sell-off in more than four years, amid growing fears of a hard landing for the US economy.

AAP

NAB Appoints Michael Biard To TV Board of Directors

The Nexstar Media Group president and chief operating officer assumes Andy Alford’s seat

TV Tech

Australian shares rally ahead of key inflation readout

The ASX200 briefly reclaimed the 8,000 level as traders wait for what one analyst calls the biggest data point of the year for Australia's market.

AAP

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Microsoft users worldwide report widespread outages affecting banks, airlines and broadcasters

Microsoft says users worldwide may be unable to access various Microsoft 365 apps and services, in a widespread outage reportedly connected to the U.S. cybersecurity company Crowdstrike

The Independent UK

NAB Asks Court to Toss Ownership Rules

In a filing with the U.S. Court of Appeals for the 8th Circuit, the brief argued that “FCC has stubbornly refused to admit the world has changed”

TV Tech

Banks improve climate funding, but work to do: report

The big four banks have made significant strides to curb lending for fossil fuel projects but a report says they still have not met their own climate targets.

AAP

Australia’s big banks lent $3.6bn to fossil fuel expansion projects in 2023, report shows

Lending puts banks in ‘complete violation’ of commitments to Paris agreement, climate group says, even as overall funding to sector ebbs

The Guardian - AU

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Aussie shares rally ahead of Fed chairman's testimony

The ASX200 finished up 0.86 per cent ahead of overnight congressional testimony by Fed chairman Jerome Powell.

AAP

Aust shares drop again as Reserve Bank talks rate hikes

The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike.

AAP

Executive QA: Staying on Script

CueScript president Michael Accardi celebrates 10 years of innovative prompter solutions.

AVNetwork

Can Australia’s borrowers dodge another interest rate hike? We’ll know more soon

May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target

The Guardian - AU

Guzman y Gomez gives market something to taco 'bout

The ASX finished flat in quiet trading with US markets closed for a public holiday, but Guzman y Gomez shares soared 36 per cent in its debut.

AAP

RF at the 2024 NAB Show Part 2: Technical Sessions & Discussions

Noteworthy presentations from the Broadcast Engineering and IT Conference

TV Tech

Australia’s biggest companies made nearly $100bn in ‘crisis profits’ amid Covid and Ukraine war

Oxfam analysis finds Woolworths, Hancock Prospecting and NAB among companies to rake in much higher profits off the back of crisis conditions

The Guardian - AU

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TV Tech

ATSC Honors Sung-Ik Park and Ali Dernaika for Outstanding Leadership

Dr. Sung-Ik Park of Korea’s Electronics and Telecommunications Research Institute received the organization’s Mark Richer Industry Leadership Medal

TV Tech

The Many Moving Parts of the Transition to NextGen TV

Broadcasters await the results of the ‘Future of TV’ task force and a 1.0 sunset

The Guardian - AU

No interest rate relief predicted this year, major bank tells mortgage holders

ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025

AAP

Australian shares down in worst day in seven weeks

The ASX200 has finished down 1.3 per cent after a better-than-expected US jobs report over the weekend pushed back expectations on rate cuts.

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AAP

Households keep falling behind as rate increases bite

Most borrowers are adapting to tough financial conditions but the number of people in hardship or struggling to meet repayments is growing.

TV Tech

FCC Amends Foreign Sponsorship ID Rules

In response to a court ruling vacating some regulations, the FCC has amended and clarified rules that were designed to prevent foreign influence on U.S. elections

TV Tech

NAB Slams FCC’s Failure to Update an `Antiquated Broadcast Regulatory Regime’

In an FCC filing the NAB argues that outdated ownership caps and a host of other rules “imperils the competitive viability of local television and radio stations”

TV Tech

NAB Opposes FCC Plan to Make Workforce Data for Each Station Public

As part of an effort to track diversity, the FCC is reinstating the collection of radio and television stations’ workforce composition data on FCC Form 395-B

TV Tech

NAB Elects New Board Leadership at June Board Meeting

TelevisaUnivision’s Pilar Ramos also appointed to fill open board seat

TV Tech

NAB TV Board Affirms NAB’s Commitment to Ensuring Consumer Access to Live, Local Broadcast Television

"This association’s central focus will be advocating for policies to protect viewers by ensuring live, local broadcasting is vibrant, competitive and freely available in today’s media landscape," the statement said

AAP

'I don't do fraud': jury hears ex-NAB staffer's denials

NAB was targeted by separate plots to use leaked, fraudulent bank documents to purchase Sydney properties and withdraw over $21 million, jurors have heard.

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