NAB
Company · Banking
Property
NAB models rent rises of up to 30 per cent under Labor's tax changes
Three sets of numbers are now circulating about what Labor's housing tax reforms will do to rents. They disagree by an order of magnitude, and the gap tells you almost everything about what each forecaster is assuming. The assumptions buried inside each figure are doing most of the work.
Finance
NAB is the fourth big bank to report home loan applications diving
Cash earnings for the three months ended 30 June 2026 rose 2 per cent to $1.83 billion, with statutory net profit coming in just below at $1.81 billion. The gap between those two figures is thin, which tells you there were no large one-off items distorting the result either way.
Finance
ANZ warns Sydney house prices may fall 14.5%
The RBA has held the cash rate at 4.35 per cent as ANZ warns Sydney house prices could fall as much as 14.5 per cent, the steepest decline since the early 1980s, with budget tax changes driving the downturn.
Banking
NAB and Westpac cut rewards and raise rates from 1 October
The number that matters most to anyone carrying a balance: NAB is lifting the variable purchase rate on the Rewards Platinum, Rewards Signature and NAB Qantas Rewards Premium cards from 20.99% to 22.49% p.a., effective 1 October 2026.
Banking
Macquarie cuts variable home loan rate to 6.04%
Macquarie Bank moved its advertised variable home loan rates without waiting for the Reserve Bank of Australia to act.
Finance
Economists split on August RBA rate hike
The Reserve Bank of Australia left the cash rate unchanged at 4.35% at its 16 June 2026 meeting, following three increases already delivered in 2026. The decision was unanimous, a deliberate pause rather than a pivot.
Property
Clearance rates hit seven-week high as auctions slide 8.7%
The combined capitals preliminary clearance rate rose to 54.8% on the weekend of 11 July 2026, marking the highest reading in seven weeks and the first time above 50% in three weeks , up from 49.8% the prior weekend. Cotality published the preliminary figures on Sunday 13 July 2026.
Geopolitics
Your Power Bank Just Got You Stopped at Security. Here's What Changed.
New UN aviation rules limit passengers to two power banks per flight. Australian carriers already enforcing. What you need to know before your next trip.
Geopolitics
8 Million March in 'No Kings' Protests Across All 50 States
An estimated 8 million people demonstrated across more than 3,300 events in all 50 US states on March 28, making it the largest single-day protest in American history. Organizers cited the Iran war, gas prices at $5.20 per gallon, mass deportations, and voting restrictions as primary grievances.