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The Latest Breaking News from Ross McEwan

Banks want riskier lending — a return to their arrogant worst

Why do the big banks want fewer limits on their lending? Because the easy days of exploiting the Reserve Bank’s rate rises are behind them.

Crikey

Union hopes for reset with incoming NAB chief executive

National Australia Bank has announced that Andrew Irvine will replace Ross McEwan as its chief executive, effective in April.

AAP

NAB customers cut spending, interest rate peak in sight

National Australia Bank has been looking at how its business and personal customers are dealing with rising interest rates, and the news isn't too bad.

AAP

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NAB bank head backs in Labor superannuation plan

Labor has received support for its superannuation plan from an interesting quarter - the chief executive of NAB.

AAP

NAB forecasts rocky road to slow growth

Higher inflation, rising interest rates and slower growth are starting to impact businesses and consumers, NAB says.

AAP

NAB sees slower growth in 2023

NAB says higher inflation, rising interest rates and slower growth are starting to impact both businesses and consumers.

AAP

Bank profits jump but rising interest rates are a double-edged sword

Australia's big four banks raked in nearly $30 billion in profits over the 2022 financial year as people struggled with the cost of living. And higher interest rates will put more mortgage borrowers at risk.

ABC News

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NAB sees 20pct decline in house prices

National Australia Bank says that while some customers will face difficulties as rates rise, the at-risk cohort is just a tiny fraction of its loan book.

AAP

Australia’s Top CEOs Averaged A 17% Pay Rise In The Last Year —- How Much Did Your Pay Go Up?

One CEO's salary jumped by 160 per cent, but there's no fkn way he worked 160 per cent harder than me.

Pedestrian.tv

Morning mail: huge CEO pay rises, Faruqi considers Hanson complaint, Morrison ministries letters revealed

Thursday: the CEOs of Australia’s top 20 companies got an average 17% pay rise this year. Plus: why a ‘wobbly moon’ may have killed Australian trees

The Guardian - AU

CEOs of Australia’s top 20 companies given nine times the pay rise of full-time workers

Australia Institute urges 60% income tax on earnings above $1m a year

The Guardian - AU

Paisley man fined more than £1000 after he claims neighbour told cops he was drink-driving

Ross McEwan was “flabbergasted” when police officers turned up at his door “in the middle of the night.”

Daily Record

Scam-busting, stunts and social media – the consumer champions fighting the cost-of-living crisis

Recently, fighting for consumer rights has become more important than ever. Money heroes Joe Lycett, Jack Monroe, Holly Smith and Kwajo Tweneboa explain what inspired them

The Guardian - UK

Interest rates are already rising but borrowers can cope, says NAB boss Ross McEwan

National Australia Bank's boss warns variable mortgage rates will "probably" rise later this year, but said his customers are mostly well positioned to cope.

ABC News

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