NAB shares down after weak numbers

NATIONAL Australia Bank's share price was down 1.6% on news of a 1% fall in revenue for the big four bank revealed in a third quarter trading update released on Tuesday.

Shareholder profit in the June quarter reached $1.2 billion, with unaudited cash earnings steady at about $1.4 billion in the quarter.

While the company's Australian assets remained its strong point, charges related to a restructure of its United Kingdom assets were the chief driver behind the difference in cash and statutory earnings.



Donation of $1460 just the start for school's drought help

Donation of $1460 just the start for school's drought help

A Clarence Valley school has dug incredibly deep to help farmers.

Water-saving fix axed as drought reached crisis point

premium_icon Water-saving fix axed as drought reached crisis point

A replacement conservation program is currently “being designed”

Firefighters are once again protecting homes

Firefighters are once again protecting homes

The fire had burnt 255 hectares before jumping road

Local Partners