RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (5.84%*) • Fixed: 5.39% (5.84%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.19%*) • Investment PI: 5.55% (6.02%*)
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4.10 – NAB’s Head of Strategic Services testifies again at the Banking Royal Commission

Views  13  Likes  0  Dislikes  0  Published  December 30, 2020, 8:54 am
Ross McNaughton, strategic services general manager at National Australia Bank, is being questioned over NAB allowing a Queensland grazier's debt to balloon to A$7.8 million from A$3.3 million by imposing punitive default payments over several years of drought and crashing prices.

Recorded on 29 June 2018 at the Brisbane Magistrates Court.

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Finance Guide, Cropped Top and Bottom
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Martin Khoury

Martin is the Managing Director of BeliefMedia Pty Limited, and Australia's leading Finance Marketing Specialist. He is supported by a team of Australia's finest. Read more about Marty here.

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The comparison rate is calculated on a secured loan of $150,000 with a term of 25 years with monthly principal and interest payments. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Important Information: Applications are subject to credit approval. Full terms and conditions will be included in our loan offer. Fees and charges are payable. Interest rates are subject to change. Offer does not apply to internal refinances and is not transferable between loans. As this advice has been prepared without considering your objectives, financial situation or needs, you should consider its appropriateness to your circumstances before acting on the advice. [ Example Credit Guide Link ]
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