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Optus outage compo claims; NAB profits rise; Ivanka Trump’s fears

Optus outage compo claims; NAB profits rise; Ivanka Trump’s fears
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NAB home loan growth slows as profits rise
The bank lifted its cash profit by 8.8 per cent for the 2023 financial year, but CEO Ross McEwan pointed to a “more challenging environment” in the second half.

Melbourne football club probed over deal with crypto casino mogul
Melbourne Victory has been accused of backtracking on a commitment not to accept gambling sponsorship after signing up Ed Craven’s live-streaming site, Kick.

A top spy shares her best career advice for success
The woman running one of Australia’s key intelligence agencies is not a morning person, schedules meetings after 9.30am, and most fears the threat from within.


Around the world

Ivanka Trump feared father not rich enough for property deals
Poised and polite, Donald Trump’s daughter was the last family member to take the witness stand in a civil fraud case against the former president.

‘Last stand’: Inside a major battle at a Gaza hospital
Israeli soldiers found rocket launchers hidden in a garden and booby-trapped kindergarten rooms after a ground battle with Hamas militants in northern Gaza.

Don’t bet against the Magnificent Seven just yet
Rock-solid balance sheets dominated by enormous cash balances, and renewed AI enthusiasm are poised to hold the spotlight on the US market’s megacap techs.

China is about to hit a big turning point for the world
The Asian nation’s coal use is projected to decline from 2025. Here’s how that will play out across the globe.

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Matter of opinion

‘Never see year like that again’: NAB’s plan for banking’s grim reality
Ross McEwan thinking Australia can dodge a recession, but an intensely competitive mortgage market means he’s looking for growth elsewhere, writes Chanticleer.

WeWork might just work now it has a new chance to succeed
A good idea was saddled with tens of billions of dollars in lease liabilities. But after the firm declared bankruptcy, it may rise from the ashes. Here’s why, writes Bloomberg’s Chris Bryant.


Business life

How Aussies with a party bus turned Top Deck into a 50-year business
Flight Centre boss “Skroo” Turner was in London for the half-century birthday bash of his coach-tour company. A new film breathes life into its origin story.

The new film that begs the question: When will this thing ever end?
Australian director Garth Davis’ latest offering is long on talk and short on action. You may find yourself looking at your watch.

Sarah-Jane Clarke is back in fashion – but not with clothes
The former sass and bide designer has a new venture that’s close to her heart.



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