Ross McEwan believes another one or two Reserve Bank rate rises lie ahead before we get to the peak.
NAB chief executive Ross McEwan has backed some form of cost-of-living relief for lower-income households being squeezed by high inflation.
NAB boss Ross McEwan has declared that interest rates are close to their peak,house prices have bottomed,and mortgaged households need a period of stability.
The bank CEO has used the launch of the Salvation Army’s Red Shield Appeal to call out surging rents and high inflation on stressed customers.
Ross McEwan says the plan to raise the tax on super accounts holding more than $3 million is a move that “probably needed to be made”.
National Australia Bank’s first-quarter profits climbed by close to a fifth as revenue increased sharply thanks to higher interest rates.
Ross McEwan said Peter Dutton’s comment the Liberals had become estranged from big business didn’t square with his recent experience with the Coalition.
The chief executives of two of Australia’s biggest banks have underlined the mounting financial risks in the construction sector.
As the return to the office looms,employers are trying to rebuild their corporate cultures while preserving some of the flexibility that staff value.
The power pendulum has clearly swung post-pandemic from employers towards employees - a recipe for wage inflation.
Bank CEO Ross McEwan has set the date for when Victoria should open up and called for more certainty around what can be expected once vaccination targets are met.