NBC news 41 today November 21st 2024 
NAB CEO Ross McEwan expects house prices to continue rising a little bit more this year and next year. He says there’s a lot of demand for homes and very limited supply. The number of migrants coming back to Australia has also exacerbated the issue. Mr Ewan told The Business’ Alicia Barry borrowers are resilient and handling rising mortgage stress for now. He’s defended passing on interest rate hikes to customers. NAB posted a $7.4 billion full-year profit.
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