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National Australia Bank (NABZY)
Analysis
SUMMARY
BULLS
BEARS
QUOTE AND NEWS
Big banks enjoying hefty offshore deductions
Sydney Morning Herald  May 15  Comment 
Commonwealth Bank and National Australia Bank were among the biggest beneficiaries of a tax deduction linked to offshore banking units last year, as Canberra is looking to clamp down on the structure.     
Business confidence slips before budget
WA Business News  May 13  Comment 
Business confidence has slipped four points in the month before the federal budget according to National Australia Bank's April survey of employers. The business confidence index fell to a reading of minus two.
National Australia Bank Profit Surges
Wall Street Journal  May 9  Comment 
National Australia Bank, the nation's fourth-largest bank by market value, said first-half profit jumped 23%, but warned of rough seas ahead for the economy.
NAB half year profit grows
WA Business News  May 8  Comment 
National Australia Bank's half year net profit has grown by 23 per cent to $2.52 billion. The net profit growth was due mainly to changes in fair value of assets and adjustments for treasury shares.
More banks pass on rate cut in full
News.com.au  May 7  Comment 
THE Commonwealeth bank joins Westpac, Bank of Queensland and the National Australia Bank in passing on today's RBA rate cut in full.     
National Australia Bank Cutting Senior Jobs to Trim Spending
Bloomberg  Apr 20  Comment 
National Australia Bank Ltd., the country’s largest lender by assets, said it’s reducing senior management positions to improve efficiency and trim spending.
Business confidence up slightly in March
Sydney Morning Herald  Apr 9  Comment 
Business confidence improved slightly in March, according to the National Australia Bank's monthly business survey.     
Aspen extends $120m debt facility
WA Business News  Mar 27  Comment 
Developer and funds manager Aspen Group has secured an 18-month extension to its $120 million finance facility with National Australia Bank.
Work on aviation university may begin by June
The Hindu Business Line  Mar 25  Comment 
The foundation stone for the National Aviation University (NAU) slated to come up at Indira Gandhi Rashtriya Udayan Academy in Rae Bareli, Congress President Sonia Gandhi’s constituency, is...




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