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#National Australia Bank

Banking

NAB “first off the mark” with shorter, plain English loan contracts for small businesses

National Australia Bank’s decision to introduce shorter, plain English loan contracts for small business borrowers has been welcomed by the Australian Small Business and Family Enterprise Ombudsman. According to the bank, more than 130,000 business owners will benefit from the complete overhaul of its existing business standard loan form contract, which involved simplifying contractual clauses, […]

James Harkness · 2 min
Locked

National Small Business Summit to address key issues

The 2013 National Small Business Summit will focus driving policy and building relationships that benefit small business owners.

Tasnuva Bindi · 2 min
Cashflow

How do you choose the right bank for your business?

We asked three bankers their opinion on how small business owners should choose their business bank, the questions they should be asking, whether they need a separate bank for their personal affairs and how important fees are.

Jen Bishop · 2 min
Franchising

$80m debt forces Rick Damelian into receivership

The Damelian Group and its nine vehicle franchises in Sydney have been placed into receivership, with $80 million owing to the National Australia Bank.

Lorna Brett · 2 min
Cashflow

Is your bank a stakeholder or the enemy?

With insolvencies continuing to rise, SME owners and directors need to ask themselves if they’re being proactive in managing their banking relationship, both in good times and in bad.

Guest Author · 2 min
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Cashflow

NAB ‘payment problems’ legal action by retailers unlikely to succeed

National Australia Bank’s payment problems over the last week have Australian retailers proposing legal action against in the form of a national class action to recover the loses incurred due to the bank’s failures over the last week, such legal action is unlikely to be successful however.

David Olsen · 2 min
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Cashflow

NAB’s problems to result in legal action by retailers

National Australia Bank’s payment problems over the last week have Australian retailers up in arms proposing legal action against NAB in the form of a national class action to recover the loses incurred due to the bank’s failures over the last week.

David Olsen · 2 min
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Cashflow

NAB payment problems resolved – finally

National Australia Bank has reportedly resolved the bank’s problems processing customer payments and transactions from last week, with payments that both business and personal banking customers were waiting for from last week reportedly appearing in bank accounts this morning.

David Olsen · 2 min
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Cashflow

NAB claims electronic payments are fixed – customers disagree

National Australia Bank has issued a follow up statement that the banks problems processing customer payments and transactions over the last two nights should now be resolved, with no further delays to EFTPOS, ATM and other electronic payments expected by the bank past this morning.

David Olsen · 2 min
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Cashflow

NAB issues alert over electronic payment problems – EFTPOS & ATMs affected

National Australia Bank has issued a statement that the bank has had problems processing customer payments and transactions overnight, with this possibly causing delays to EFTPOS, ATM and other electronic payments today.

David Olsen · 2 min
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Cashflow

NAB achieves carbon neutral status (with carbon offsets)

National Australia Bank (NAB) is now one of Australia’s largest carbon neutral companies after implementing a program of energy efficiency that began in 2007 in conjunction with carbon offsets from accredited providers.

David Olsen · 2 min
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Cashflow

Commonwealth Bank profit tops $6 billion – up 42 percent

The Commonwealth Bank of Australia’s (CBA) cash net profit after tax has increased by 42 percent to $6,101 million for the financial year ended 30 June 2010.

David Olsen · 2 min
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Cashflow

NAB has worst customer service of big four banks

National Australia Bank (NAB) has recorded the worst customer service of the big four banks across two separate surveys released this week.

David Olsen · 2 min
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Featured

Small business to benefit from Government Investment Allowance

Small businesses are being urged to take advantage of the Government’s 30 percent Investment Allowance before the June 30 2009 deadline.

Jessica Stanic · 2 min