ASX Announcements
Notification of cessation of securities - NAB
Appendix 3H (Notification of cessation of securities)
- Dec 20, 2023
- 4 pages
Today
Elliott promises more growth for ANZ in mortgage assault
The ANZ chief executive tempered expectations that the “mortgage wars” that have dented profit margins would soon ease.
- 20 mins ago
- Lucas Baird
This Month
Australia will avoid a recession, says NAB CEO
Chief executive officer Ross McEwan says Australia’s economy is well positioned even if “it will continue to feel harder for some time”.
- Lucas Baird
- Analysis
- Australian economy
Why interest rate cuts are in sight
History shows that central banks often begin cutting rates before annual inflation falls back to target. Markets are now pricing in two cuts before the end of 2024.
- John Kehoe
Mike Baird flags HammondCare exit
If Peter Dutton was hoping to recruit Mike Baird to run for the Liberals in a teal-held NSW seat, he had better get started now.
- Myriam Robin
Cbus Property colours $930m of its debt green
The super fund negotiated with ANZ, CBA, NAB and ING on converting a series of loans into sustainable financings for properties in Australia’s biggest cities.
- Aaron Weinman
NAB, PEP and Jarden strike $700m NZ wealth deal
The three-way deal is the latest example of investors piling in to benefit from New Zealand’s expected superannuation growth.
- Jemima Whyte and Aaron Weinman
Banker bonuses favouring opaque social metrics, advisers say
Incentives at the major banks are becoming less focused on maximising shareholder returns in a ‘retrograde step’, Institutional Shareholder Services warns.
- Lucas Baird
Home loan competition won’t last: ACCC
The competition watchdog is arguing to uphold its rejection of ANZ’s purchase of Suncorp’s bank. It warned major lenders were already acting in lock-step.
- Lucas Baird
Banks warn of mortgage rises from deposit rate intervention
MyState CEO Brett Morgan says, “in any intervention, there is a benefit and there is a cost”.
- Updated
- Lucas Baird
November
Australia’s top corporate givers revealed
Woolworths, Bendigo and Adelaide Bank and health insurer NIB were among the companies to record a surge in philanthropy in 2023.
- Sally Patten
CPI cools; Charlie Munger dies; Fast 100 lessons
Read everything that’s happened in the news so far today.
- Exclusive
- Proptech
CBA takes on Macquarie in $49b rental payments market
Falling home ownership is boosting the demand for rental properties – and that’s creating opportunity for services to support the rental sector.
- Michael Bleby
Retail sales fall; More hostages freed; CFOs slam WFH
Read everything that’s happened in the news so far today.
Plenti soars after striking deal with NAB for EV, solar loans
The bank will use Plenti’s technology to write co-branded, secured car loans, and send customers seeking renewable energy finance to the ASX-listed fintech.
- James Eyers
Super funds are investing based on performance test
Funds may be factoring in the Your Future Your Super benchmarking even if it means reducing their exposure to potentially lucrative sectors, a new survey shows.
- Hannah Wootton
- Opinion
- Big four
Banks wonder if the home loan margins squeeze is terminal
The bosses of the big four banks are trying to work out whether the ANZ-driven squeeze on home loan margins is temporary, or whether it’s a long-term problem.
- Karen Maley
Bank lending margins are on an unrelenting three-decade slide
This week, Matt Comyn declared ANZ has seen “the largest margin erosion in the history of Australian banks”. The downward march has been a long time coming.
- James Eyers
Bank profits may have peaked. Are they still a buy for investors?
Analysts and financial advisers have different views on which of the country’s major financial institutions will offer the best return for shareholders.
- Lucy Dean
Big four chart separate paths on customers’ transition plans
The banks have tightened energy sector lending polices in new documents accompanying their annual results. But there are many discrepancies.
- James Eyers
- Opinion
- Big four
Banks mystified by where all the offset money is coming from
Home loan customers are tipping billions of dollars into mortgage offset accounts. Nobody knows how.
- Karen Maley
