ASX Announcements
Update - Dividend/Distribution - NAB
Dividend Record Date, Dividend Pay Date, Dividend Rate, Dividend Reinvestment Plan
- Jun 1, 2021
- 7 pages
Appendix 3Y - Change of Director's Interest Notice
Change of Director’s Interest Notice
- Jun 1, 2021
- 3 pages
Today
- Exclusive
- Mergers & acquisitions
New owner IOOF pledges to keep MLC brand alive
Chief executive Renato Mota completes the $1.4 billion deal with National Australia Bank from his family home in a locked-down suburb of Melbourne.
- Aleks Vickovich
IOOF’s CEO in driver’s seat as big banks flee wealth scene
As a young analyst, Renato Mota played a role in helping the banks enter wealth management. Now, he is doing more than anyone in Australia to help them get out.
- Aleks Vickovich
Yesterday
Energy stocks extend ASX’s record-breaking streak
Australian shares closed at another record high on Thursday supported by the energy sector and gains from all four major banks.
- Alex Gluyas
This Month
Bankers ask brokers for ‘compassion’ over lending delays
Banks have hit back at brokers complaining of long delays in approvals, asking them to have compassion and stop sending incomplete files.
- James Frost
Four-year fixed interest rates below 2pc are gone
BankVic is the final lender to capitulate after raising its four-year fixed rate offer for owner-occupiers paying principal and interest to 2.29 per cent from 1.95 per cent.
- James Frost
May
NAB exits wealth as IOOF gets keys to MLC
IOOF will take control of National Australia Bank’s MLC Wealth subsidiary at midnight on Tuesday, officially completing the bank’s partial retreat from the troubled wealth management sector.
- Updated
- Aleks Vickovich
‘Undervalued’ Aussie dollar ready to break through US80¢
The Australian currency’s fundamentals are strong, and analysts are predicting it will correct itself from its “stuck” position in the coming months.
- Alex Gluyas
Gold touches $US1900 as inflation ambivalence drags on
Uncertainty surrounding the severity of rising inflation continues to boost the gold price, which reached a four-month high overnight.
- Updated
- Alex Gluyas
CUA flogs health arm, signals spending spree
Australia’s largest credit union has offloaded its insurance division in preparation for company-changing acquisitions.
- James Frost
Future Fund warns of inflation risk to markets
The sovereign wealth fund is hiring an extra 150 staff to manage challenges from the pandemic and prepare for rising rates.
- John Kehoe
ASX advances 0.2pc, buoyed by big banks despite iron ore’s retreat
The ASX closed 0.2 per cent higher on Monday, buoyed by a strong performance from the major banks that offset losses by iron ore miners.
- Alex Gluyas
Money flows and work begins as NAB completes 86 400 buyout
Payments player Cuscal trousers a big windfall from the sale of the sale of 86 400 as NAB prepares to move customers onto the neobank platform.
- James Frost
NAB, ANZ and Bendigo reveal tips for lasting fintech partnerships
Executives and entrepreneurs spill the beans on how fintechs can develop and maintain successful relationships with big banks.
- James Frost
- Analysis
- Jobs
JobKeeper ends with barely a blip
Easter holidays, not the end of JobKeeper, turned out to be a bigger drag on employment last month.
- John Kehoe
- Opinion
- Big four
How the big four banks stack up
Dividends are now at levels far more sustainable than pre-coronavirus levels, reconfirming the banks as a long-term investment for income-seeking investors.
- Elio D'Amato
- Opinion
- Big four
CBA eats Westpac’s business lunch
The big banks are gearing up for a fierce stoush in business lending as the budget unleashes a multibillion-dollar wave of spending on machinery and equipment.
- Karen Maley
ING and Macquarie blitz big four on turnarounds
A surge in loan application volumes has blown out wait times at some lenders while challenger banks are holding up well.
- James Frost
Buy, hold, sell: NAB, Westpac, Challenger, Virgin Money
Two fund managers discuss the best and the worst of the big four banks, and their top picks from the financial sector.
- Exclusive
- Venture capital
Fintech Athena breaks Aussie VC funding record
Athena has broken its own record for the largest venture capital funding round backed entirely by Aussie investors, after its loan book grew 500 per cent in 18 months.
- Yolanda Redrup
ASX soars to record as ‘Goldilocks’ era looms
It took 14 months for the S&P/ASX 200 Index to reclaim its record high - and the fact it happened on budget eve with a record iron ore price is no accident.
- Sarah Turner and William McInnes
