McEwan, Harvey say business is great
May 5, 2022 – 6.37pmNational Australia Bank chief executive Ross McEwan says Australian businesses are cashed up and confident enough to keep investing at the fastest pace seen since the global financial crisis, even as the Reserve Bank embarks on a credit tightening cycle.
Handing down a record $3.48 billion first half profit on Thursday, Mr McEwan said NAB’s business lending grew almost twice as fast as the market and hit a record level in the month of March, spurred on by rising confidence despite inflationary pressures.
McEwan, Harvey say business is greatCarrie LaFrenz, James Eyers,...
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