NAB takes $525M hit as it repays short-changed customers

National Australia Bank (ASX: NAB) has copped a $525 million cost to repay aggrieved customers in the wake of the banking Royal Commission. This $525 million after tax ($749 million before tax) bill accounts for increased provisions for NAB's customer-related remediation program and is...

NAB takes $525M hit as it repays short-changed customers
MGC Pharma secures Chinese distribution agreement for CBD based products
MGC Pharma secures Chinese distribution agreement for CBD based products

Chinese demand for Australian products like skincare, vitamins, and produce is no secret but it seems that Austral...

Smiles Inclusive takes founder Mike Timoney to court
Smiles Inclusive takes founder Mike Timoney to court

Divided dental company Smiles Inclusive (ASX: SIL) has commenced legal proceedings against beleaguered founder Mik...

Booktopia falls well short of $10M crowdfund target
Booktopia falls well short of $10M crowdfund target

What was heralded as Australia's largest-ever equity crowdfunded capital raise through Equitise is a long way ...

Dulux board agrees to $4.2 billion takeover by Nippon
Dulux board agrees to $4.2 billion takeover by Nippon

Japan's Nippon Paint has made a $4.2 billion offer to acquire DuluxGroup (ASX: DLX) and the Aussie paint empir...

ACCC takes Bupa to court for allegedly rorting elderly residents of thousands of dollars
ACCC takes Bupa to court for allegedly rorting elderly residents of thousands of dollars

Bupa has come under fire from the Australian Competition and Consumer Commission (ACCC) for allegedly charging eld...

Health conscious Aussies becoming a toothache for Easter chocolatiers, experts warn
Health conscious Aussies becoming a toothache for Easter chocolatiers, experts warn

The rising number of Australians concerned with what they consume is causing chocolatiers to change their product ...

Citi to refund $3M over complex investment losses
Citi to refund $3M over complex investment losses

One of the world's largest banks will refund more than $3 million to Australian customers over losses from com...

Rise of veganism is threatening Aussie meat and dairy, warns analyst
Rise of veganism is threatening Aussie meat and dairy, warns analyst

Veganism may have dominated national headlines this week for controversial reasons, but there's no denying the...

Three reasons why mastering data could be your biggest benefit
Three reasons why mastering data could be your biggest benefit

Big data is more than just a buzz-term, it's how we quantify everything these days. From website interacti...

Domino's partners with Google on Assistant support
Domino's partners with Google on Assistant support

Voice-activated tech is quickly taking over our bedrooms, living spaces, and our smart phones, so it's no wond...

Wynn Resorts proposes Crown takeover deal
Wynn Resorts proposes Crown takeover deal

Crown Resorts (ASX: CWN) has confirmed it is in discussions with Wynn Resorts regarding a potential takeover of Cr...

Napoleon Perdis saved by daigou legend Livia Wang
Napoleon Perdis saved by daigou legend Livia Wang

Australian cosmetics brand Napoleon Perdis has been given a second chance by a superfan of the company Livia Wang ...

IPH lifts takeover bid: Is Xenith shifting allegiances?
IPH lifts takeover bid: Is Xenith shifting allegiances?

Shares in intellectual property company Xenith (ASX: XIP) have risen 8.85 per cent this morning after suitor IPH (...

Mogul steps up its game with Australia's largest Apex Legends tournament
Mogul steps up its game with Australia's largest Apex Legends tournament

ASX-Listed esports platform Mogul (ASX: ESH) is proving video games are serious business. It has only been two...

Saudi company buys 200,000ha of Australian farmland
Saudi company buys 200,000ha of Australian farmland

The Nicoletti family in Western Australia has sold 200,000ha of farmland to the Saudi Agricultural and Livest...

Flight Centre bets on corporate travel tech with US investment
Flight Centre bets on corporate travel tech with US investment

Brisbane-based travel agency Flight Centre (ASX: FLT) is raising its forward-thinking profile on the world stage t...

Companies

NAB takes $525M hit as it repays short-changed customers
NAB takes $525M hit as it repays short-changed customers

National Australia Bank (ASX: NAB) has copped a $525 million cost to repay aggrieved customers in the wake of the ...

Property

Saudi company buys 200,000ha of Australian farmland
Saudi company buys 200,000ha of Australian farmland

The Nicoletti family in Western Australia has sold 200,000ha of farmland to the Saudi Agricultural and Livest...

Opinion

LandMark White's data breach just the beginning for cyber criminals
LandMark White's data breach just the beginning for cyber criminals

Though the dust is yet to settle and the full effects of the data breach suffered by LandMark White are yet to be ...

Leadership

SEEK nabs former CommBank CEO Ian Narev
SEEK nabs former CommBank CEO Ian Narev

Former Commonwealth Bank boss Ian Narev, who left Australia's biggest bank in the wake of its 2018 money laund...

Entrepreneurship

Little Tokyo Two placed into voluntary liquidation
Little Tokyo Two placed into voluntary liquidation

Serial entrepreneur Jock Fairweather's (pictured) incubator and co-working space Little Tokyo Two (LT2) has be...

Technology

Three reasons why mastering data could be your biggest benefit
Three reasons why mastering data could be your biggest benefit

Big data is more than just a buzz-term, it's how we quantify everything these days. From website interacti...

Smiles Inclusive takes founder Mike Timoney to court
Smiles Inclusive takes founder Mike Timoney to court

Divided dental company Smiles Inclusive (ASX: SIL) has commenced legal proceedings against beleaguered founder Mik...

Finance

NAB takes $525M hit as it repays short-changed customers
NAB takes $525M hit as it repays short-changed customers

National Australia Bank (ASX: NAB) has copped a $525 million cost to repay aggrieved customers in the wake of the ...

Marketing

How integrity can save your website during a redesign
How integrity can save your website during a redesign

Any business owner worth their salt knows that an effective, or ineffective online advertising campaign, can make ...

Executive Lifestyle

Event booking hours in Coast venues doubles after Commonwealth Games
Event booking hours in Coast venues doubles after Commonwealth Games

The Queensland Government has announced all venues that were newly constructed or upgraded for the Gold Coast Comm...

Conference And Events

Techpreneurs team up to make automation accessible
Techpreneurs team up to make automation accessible

Automation and artificial intelligence can sound intimidating, but two of Australia's top young entrepreneurs ...

Video

WATCH: Vets join A-listers in new movie about the Battle of Long Tan to be filmed in Queensland
WATCH: Vets join A-listers in new movie about the Battle of Long Tan to be filmed in Queensland

An A-list cast will feature in a major new movie about the Battle of Long Tan to be filmed in Queensland. The ...

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