Thursday, May 6, 2021

NAB interim profit surges surges 144 pc on local COVID bounce; CEO Ross McEwan urges Treasurer to resist budget repair pressure

National Australia Bank has reported that its half-year profit more than doubled to $3.2 billion thanks to the Australian and New Zealand economies having a "better than expected" COVID rebound. 

CEO Ross McEwan is bullish but urges Josh Frydenberg to resist pressure for budget repair.

Here's my report from The World Today


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