Business
National Australia Bank has posted a nearly 80 per cent rise in full-year earnings thanks to gains in the home loans market and a steady performance at its business banking unit.
Business
The head of the National Australia Bank says the current series of coronavirus lockdowns have not been as financially damaging for many of its customers as last year’s national shutdown.
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The National Australia Bank will raise $3.5 billion and slash its dividends after reporting a 37 per cent fall in its half-year statutory profits to $1.3 billion.
Australia’s banks will extend the six-month deferral of loans to 30,000 more companies with a focus on the property sector.
