• Announcements

NAB first of the big four to make changes to broker commissions

NAB is making changes to how mortgage broker commissions are calculated, in line with recommendations of the ASIC Broker Remuneration Review and Sedgwick Retail Banking Remuneration Review.

• 11.09.2018
• 1 min read

• Customers

NAB Standard Variable Rate for home loans on hold

National Australia Bank will continue to hold its Standard Variable Rate (SVR) for home loans at 5.

• 09.09.2018
• 1 min read

• Superannuation

NAB response to ASIC civil proceedings on fees for no service

National Australia Bank confirms that ASIC has today launched civil proceedings against NULIS Nominees (Australia) Ltd and MLC Nominees Pty Ltd in relation to certain fees charged to MLC MasterKey Super fund members.

• 06.09.2018
• 1 min read

• Private

NAB moves on grandfathered commissions

NAB has today announced NAB Financial Planning (FP) and NAB Direct Advice will no longer accept grandfathered commissions from NAB Wealth superannuation and investment product providers.

• 03.09.2018
• 1 min read

• Agribusiness

2018 Cattle Council Rising Champion announced

Queensland’s Emily Pullen has been named the 2019 NAB Agribusiness Beef Industry Rising Champion at a Cattle Council Gala Dinner in Canberra tonight.

• 15.08.2018
• 2 min read

• Government

Statement on ASIC announcement

NAB statement on news of ASIC receiving funding to put supervisors into financial institutions:

“NAB welcomes this opportunity to work together with ASIC to continue to improve transparency and trust with our customers.

• 06.08.2018
• 1 min read

• Innovation

NAB adds another $50m to VC fund

NAB is committing an additional $50 million over the next two years to its corporate venture capital fund, NAB Ventures, taking the total fund to $100 million until 2020.

• 05.08.2018
• 3 min read

• Corporate & institutional

nabtrade Charity Trading Day raises $147,000 for the Alannah & Madeline Foundation

Australia’s fastest growing wealth management platform, nabtrade, yesterday raised $147,000 for the Alannah & Madeline Foundation at its second annual Charity Trading Day.

• 03.08.2018
• 1 min read

• Announcements

Customers can expect more from banks

Following ASIC’s approval of the new Banking Code of Practice today, NAB CEO Andrew Thorburn said:

“The Code raises the bar that banks must meet every day for our customers to deliver the service they can and should expect.

• 31.07.2018
• 1 min read

• Not for profit

nabtrade Charity Trading Day returns for the second year

Australia’s fastest growing wealth management platform, nabtrade, has today announced it is partnering with the Alannah & Madeline Foundation for its second annual Charity Trading Day on Thursday 2 August 2018.

• 30.07.2018
• 3 min read

• Business

Margot Faraci appointed Customer Executive, NAB

National Australia Bank (NAB) today announced Margot Faraci has been appointed to the role of Customer Executive, NAB Partners – Northern, reporting to Chief Customer Officer Business and Private Banking, Anthony Healy.

• 26.07.2018
• 1 min read

• Corporate & institutional

NAB donates $100,000 to Country Women’s Associations’ drought relief funds

National Australia Bank (NAB) today announced it would donate $50,000 to both the Country Women’s Association of NSW and the Queensland Country Women’s Association contributing to their drought relief funds to support farming families.

• 24.07.2018
• 2 min read

• Private

NAB appoints Geoff Lloyd as CEO of MLC

National Australia Bank (NAB) Group Chief Executive Officer Andrew Thorburn today announced the appointment of Geoff Lloyd as CEO of MLC, effective 1 September 2018.

• 17.07.2018
• 2 min read

• Announcements

NAB supports customers affected by drought in NSW and QLD

NAB has today announced a Drought Assistance Package to support customers enduring prolonged drought conditions across NSW and QLD.

• 06.07.2018
• 1 min read