Nab news today
Here are the top news stories from NAB (National Australia Bank) today:
Economic Update
- The Australian economy is expected to grow at a slower pace in the coming years, according to the latest forecast from the International Monetary Fund (IMF). The IMF predicts that Australia's GDP will grow by 2.1% in 2023, down from 2.5% in 2022.
- The Reserve Bank of Australia (RBA) has kept interest rates unchanged at 0.1% for the 10th consecutive month, citing the ongoing impact of the COVID-19 pandemic on the economy.
Personal Finance
- NAB has launched a new mobile banking app, which allows customers to manage their accounts, pay bills, and transfer money on the go. The app is available for both iOS and Android devices.
- The bank has also introduced a new credit card product, which offers rewards points for purchases made at popular retailers.
Business News
- NAB has announced a new partnership with the Australian Institute of Management (AIM), which will provide training and development programs for small business owners and entrepreneurs.
- The bank has also launched a new online platform for small businesses, which allows them to manage their finances, pay bills, and access financial advice.
Industry News
- The Australian banking industry is facing increased scrutiny over its handling of customer complaints, with the Australian Securities and Investments Commission (ASIC) launching an investigation into the matter.
- NAB has announced that it will be increasing its investment in digital technology, with a focus on artificial intelligence, blockchain, and cybersecurity.
These are just a few of the top news stories from NAB today. If you're looking for more information, I'd be happy to help you find it!