Sunday, October 25, 2026 · Read the latest global news and insights from World Insight News, covering world affairs, business, technology, sports, lifestyle and important developments.
World Insight News

Search

14 result(s) for “NAB”

Business & Economy · Oct 22, 2026

Major Australian banks accelerate job cuts as lenders reshape operating models

National Australia Bank’s plan to cut up to 2,500 roles and Westpac’s separate reduction of about 140 positions underline a wider wave of workforce change across Australia’s banking sector, raising questions about technology, regulation and the short term impact on the labour market.

Sports & Entertainment · Oct 21, 2026

Australia skittled for 99 in Gqeberha as Proteas seize control on day four

A shock batting collapse left Australia all out for 99 at St George's Park on October 21, 2026, handing South Africa a huge first innings lead and forcing the follow on. The result leaves the tourists on the brink in the second Test and raises urgent questions about Australia’s middle order and technique in seaming conditions.

Business & Economy · Oct 20, 2026

NAB to cut up to 2,500 roles as bank presses reset amid slowing credit growth and tech shift

National Australia Bank has told the market it will reduce its internal workforce by as many as 2,500 roles over the next year as it moves to simplify its operating model and redirect resources to growth and technology initiatives. The announcement rattled the ASX and heightened scrutiny of job security across Australia’s major banks.

Business & Economy · Oct 7, 2026

Business leaders warn Coalition migration cuts will hit growth and skills pipeline

Major Australian business groups and universities on October 7, 2026 expressed sharp concern about the Coalition’s newly announced plan to sharply reduce net overseas migration, saying it risks labour shortages, weaker economic growth and damage to sectors that rely on international students and skilled migrants.

Business & Economy · Oct 3, 2026

Trade minister’s ‘super for lamb’ pitch sparks backlash and market questions

Trade Minister Don Farrell’s suggestion that Australia’s superannuation sector consider investing in the US lamb industry to head off further American tariffs has drawn sharp political criticism and concern from the super sector. The debate raises questions about investor independence, the sole purpose duty and economic risks for a $4.5 trillion industry.