NAB profit falls to $6.1 billion as recession risk rises; shares slump

The Sydney Morning Herald - Nov 4, 2026

The country’s biggest business lender said household savings buffers remained strong, but arrears have deteriorated and economic growth is expected to slow.

Read full article

More News

Orbit caps off NSW polymetallic drilling with thick sulphide hit
Nov 4, 2026

Orbit caps off NSW polymetallic drilling with thick sulphide hit

Orbit Resources has hit a 28.1m zone of visual sulphides to cap off stage 2 drilling at its Lewis Ponds project in NSW, with assays now pending for the program.

Dateline, US Govt fight to unlock billion-dollar gold-REE mine
Nov 4, 2026

Dateline, US Govt fight to unlock billion-dollar gold-REE mine

Dateline Resources and the US Government have appealed a work ban at its Colosseum gold-REE project, arguing its 1985 mining plan at the billion-dollar prospect remains valid.

We’ve seen peak Trump, but the next two years will be a rocky ride
Nov 4, 2026

We’ve seen peak Trump, but the next two years will be a rocky ride

If a “blue wave” were to materialise in the elections, Trump would lose control of much of his domestic agenda. Expect him to double down.

Blow for gig economy as Uber loses $81m High Court battle
Nov 4, 2026

Blow for gig economy as Uber loses $81m High Court battle

The rideshare giant lost its appeal of a landmark legal case – a setback that is likely to have a broader impact on the gig economy.

The fake job interview that helped spark a $9 billion theft
Nov 3, 2026

The fake job interview that helped spark a $9 billion theft

Binance has released a report into one of the biggest financial heists in history, detailing how hackers tricked their employees.

If the RBA gets its job wrong, the PM will pay with his
Nov 3, 2026

If the RBA gets its job wrong, the PM will pay with his

Anthony Albanese. He’s a man who’s taken little interest in the economy now being caught by the iron rule of politics: if the economy turns bad on your watch, you take the blame.

Summer Super Check
Nov 3, 2026

Summer Super Check

A six-part series featuring practical tips and advice to help you kick off the year with financial clarity.

Take this 15-minute financial pitstop before your summer road trip
Nov 3, 2026

Take this 15-minute financial pitstop before your summer road trip

You don’t need a marathon spreadsheet session - taking a few minutes before your summer break gives you a fresh financial start for the year ahead.

From fleecing fans to 25-hour washer-dryer cycle: Shonky’s top awards named
Nov 3, 2026

From fleecing fans to 25-hour washer-dryer cycle: Shonky’s top awards named

Virgin Australia, Ticketek, Ticketmaster and Sony are among this year’s winners of the infamous award from consumer advocate CHOICE.

ASX finishes higher on RBA day; retailers and airlines soar, oil stocks slide
Nov 3, 2026

ASX finishes higher on RBA day; retailers and airlines soar, oil stocks slide

The Australian sharemarket finished its session higher after the Reserve Bank - as expected - raised interest rates to an 18-year record but signalled a wait-and-see approach to further tightening.

Man’s TikTok complaint about builder ends up costing $1m
Nov 3, 2026

Man’s TikTok complaint about builder ends up costing $1m

The staggering sum came after a series of court rulings went from bad to worse for Gurvinderpal Singh, who had wanted a home built.

ClearVue plants Hong Kong flag in Asian solar expansion
Nov 3, 2026

ClearVue plants Hong Kong flag in Asian solar expansion

ClearVue has set up a Hong Kong base and showroom to pursue 15 regional project opportunities, leveraging its recent solar window installation at a Macau hotel.

Recommended

Sign Up Now

Subscribe to us for the latest news from Banking Reporter

ABOUT US
Banking Reporter

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Copyright © 2015 - 2026 Banking Reporter. All Rights Reserved.