Why NAB's rates strategy may not work
![NAB's Andrew Thorburn is undercutting competitors to strengthen customer loyalty.](http://web.archive.org./web/20180910015856im_/https://www.afr.com/content/dam/images/h/1/4/n/5/l/image.related.afrIndexLeadWide.460x260.h155ds.gshfrb.png/1536543323379.jpg)
NAB's shareholders have two reasons to be nervous about Andrew Thorburn's strategy to not raise its standard variable home loan rates.
NAB's shareholders have two reasons to be nervous about Andrew Thorburn's strategy to not raise its standard variable home loan rates.
Consumer groups say the sale of junk policies and "over insurance" through super funds are among the many issues facing the insurance sector.
Coalition MP Warren Entsch has seen text messages sent to colleagues by high profile media commentators that were hateful of Malcolm Turnbull and demanded he be dumped.
National Australia Bank could steal some market share from its bigger rivals after deciding to hold its standard variable rates.
If tech investors learnt anything this reporting season, it's that when you think a stock can't go any higher, it can ... but what is driving the frenzy?
The new retail environment amid the rise of giants like Amazon means brands could gain traction very fast in their particular segments, a former Coles boss says.
The ASX has bounced back to flat after dropping 20 points this morning. Afterpay is up 8.5 per cent, lifting the IT higher against a falling market.
Evans Dixon has acquired Fort Street Advisors for $53.9 million, a move that restarts consolidation in the boutique advisory sector.
Cashed-up private equity funds have come out of the woodwork already in the $3 billion-plus IFCO de-merger being pursued by Brambles.
The Supreme Court of Western Australia struck out a defamation action brought by Frank Wilson against his former Quintis directors.
It will be many years before investors know whether the billions spent on WestConnex have been worth it.
Yancoal's $2.9 billion acquisition of Rio Tinto's thermal coal mines is on track to pay for itself inside four years if recent performance can be maintained.
James Aitken says the world is still paying dearly for the failure of central banks to take the risks of a financial crisis seriously.
ASX listed VC Bailador took a punt on a full time partner in New York and says it is paying dividends in helping close start-up funding rounds and targeting potential big tech buyers.
Australian shares are set to extend their losses from last week in what will be the equal worst run on the market since the global financial crisis.
US-based micro cap investor Christopher Cuesta believes Donald Trump's changes to company tax have been a huge positive for the economy and the full effects are yet to be felt.
Australian shares are poised to fall at the open, reflecting renewed and heightened threats by Donald Trump against Chinese goods. The $A is tipped to fall further after hitting two-year lows.
Just in case you've been stuck in a cave somewhere, the government has announced at least four times now that the National Energy Guarantee is dead.
Under the theatrical performance directed by Kenneth Hayne, the revolution in financial advice as well as the banks' role in wealth management generally is already well under way.
There is nothing modest about Pembroke's mission.
The war for tech talent is part of the reason Tabcorp has updated its workplace policies, with a focus on flexibility.
Scott Morrison's Cronulla Sharks fandom is a laboured spectacle from a creature of Sydney's eastern suburbs.
Josh Frydenberg has conceded the Coalition has trouble dealing with power policy and emissions reduction.
Malcolm Turnbull has endorsed former Business Council of Australia director Andrew Bragg for preselection in Wentworth, while local Liberals report diplomat Dave Sharma is gaining ground.
A study of trade union financial statements has found they increased their revenue after inflation by 42 per cent in the past 14 years, even as their private sector membership declined by 41 per cent.
A country emergency doctor appeared likely to take a safe seat from the NSW government, sending a tremor through the Liberal Party.
Leslie Moonves, the longtime chief executive of CBS, is finalising a deal to depart from the company he has led for 15 years, following a report detailing new sexual harassment allegations against him.
A besieged Donald Trump has doubled down on his widening trade war, threatening tariffs on $US520 billion of goods – effectively everything China exports to the US.
Serena Williams has been fined $US17,000 for her temper tantrum before umpire Carlos Ramos as she lost the US Open to Japan's Naomi Osaka.
The anti-immigrant Sweden Democrats won almost one in five votes in national elections as citizens spoke out against the recent influx of Syrian refugees.
Former UK Foreign Secretary Boris Johnson says the Brexit strategy is akin to wrapping the UK in a 'suicide vest' and handing Brussels the detonator.
If you're retired and exceed the $1.6 million transfer balance cap, there may be good reasons to invest the excess in your own name.
Stefan Mandel, a Romanian-Australian economist, developed a formula that's allowed him to win the lottery 14 times. It's a six-step process designed to hack the system.
Game theory is the best way to analyse the tension between China and the Trump administration - and how it will affect markets.
A blockchain application that tracks diamonds as they are traded across the world has won its creator an Advance Award for technology innovation.
Marketers today face perhaps the greatest challenge before them in decades.
Higher education needs to diversify its income streams and develop a closer understanding of what skills the workplace wants.
There was a time when Elon Musk's live-streamed puff of marijuana would have only enhanced the image of an iconoclastic magnate who can't be bothered by social conventions in his quest to change the world. Not now.
How to simplify things without resorting to a crazy spring clean or a mental reboot? It's easier than you think.
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