National Australia Bank

Market closes down 3.5pc

The ASX 200 lost 130 points after reaching new four-year lows. (AFP: Greg Wood, file photo) The Australian share market has experienced another day of steep falls, sparked by a decline on Wall Street overnight. The All...

ABC drags down NSW childcare provider

The operator of 43 childcare centres in NSW, The failure of the deal meant CFK had not met one of the preconditions to any standstill arrangement with its banker National Australia Bank (NAB), and therefore could not complete...

ABC Learning creditors to know fate soon

Creditors including Austock Group Ltd and Australia's big banks should know within a week if they will recover any losses from their total $987 million exposures to failed childcare provider ABC Learning Centres Ltd. Receiver...

Second child-care firm sinks into mire

ABC Learning Centres staff after a creditors' meeting in Brisbane yesterday. Photo: Eddie Safarik THE crisis in the child-care sector deepened last night after a second chain fell into the hands of administrators, succumbing to...

Australian sharemarket skids to close

CLOSE The Australian share market plunged at the close, dragged down by banks and miners. A surge of as much as 26% in Macquarie Group shares after the bank unveiled its September-half earnings sparked a rally by banks that...

Banks, retailers drag market lower

National Australia Bank and the ANZ were the hardest hit of the big banks. (AFP: Greg Wood, file photo) The Australian share market has finished the day down, after hitting a new four-year low this morning. The All Ordinaries...

Local stocks extend losses

AUSTRALIAN stocks extended their losses to three per cent by noon, led by the banks and mining stocks, following falls on Wall Street on Friday. At 1215 AEDT, the benchmark S&P/ASX200 index was down 103.2 points, or 2.75 per...

Australia shares touch 4-yr low, but C-C Amatil soars

SYDNEY, Nov 17 (Reuters) - Australian shares sank to a fresh four-year low on Monday, undermined by another dark day on Wall Street as investors voiced disappointment at efforts by G20 nations to stabilise markets and revive...

Australia shares touch 4-yr low; C-C Amatil soars

SYDNEY, Nov 17 (Reuters) - Australian shares sank to a fresh four-year low on Monday, undermined by another dark day on Wall Street as investors voiced disappointment at efforts by G20 nations to stabilise markets and revive...

Australia shares touch 4-yr low; C-C Amatil soars

SYDNEY, Nov 17 (Reuters) - Australian shares sank to a fresh four-year low on Monday, undermined by another dark day on Wall Street as investors voiced disappointment at efforts by G20 nations to stabilise markets and revive...

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