National Australia Bank Limited

The Australian share market was boosted by banks yesterday after investor confidence returned following a rally overnight on Wall Street. The benchmark S&P/ASX200 index rose 89.2 points, or 1.84%, to 4936.7, while the broader All Ordinaries climbed 85.4 points, or 1.73%, to 5008.7.

The Australian share market fell over three per cent on Friday after troubling news from National Australia Bank (NAB) related to losses from investments in risky US mortgages, and a weak lead from Wall Street. But gains on US markets on Friday night are expected to encourage investors to pick up stocks that were oversold during Friday's 3 per cent fall.

Australian financial stocks is likely to continue gains on improved sentiment towards the sector in overseas markets, though weaker oil and metals prices may weigh on resource stocks. Analysts have cautioned that despite recent market gains, overall sentiment was still fragile and a further spike in energy prices or more bad news out of credit markets could trigger a fresh wave of selling.

Wall Street closed sharply higher overnight as another drop in oil prices improved investor sentiment. Wall Street staged a late rally after a mixed session, as a drop in oil prices helped to offset disappointing earnings reports from the likes of Apple and American Express. American Express reported second quarter earnings were below estimates and withdrew its full year earnings forecast.

National Australia Bank Limited (ASX: NAB) - RBA Unchanged and Economic Update - Mr David de Garis, Senior Market Economist; Boardroomradio is pleased to announce that National Australia Bank Limited (ASX: NAB) has published an audio file.

As the Howard Government prepares its response to the Task Group on Emissions Trading's Report provided to the Government yesterday, Environment Ministers from each Australian State and Territory are meeting in Cairns to put the final touches on a mandatory greenhouse and energy reporting system for companies.

National Australia Bank Limited (ASX: NAB)'s Monthly Business Survey, February 07 - Mr Alan Oster, Group Chief Economist; Boardroomradio is pleased to announce that National Australia Bank Limited (ASX: NAB) has published an audio file.

National Australia Bank Limited (ASX: NAB)'s Monthly Business Survey, January 07 - Mr Alan Oster, Group Chief Economist; Boardroomradio is pleased to announce that National Australia Bank Limited (ASX: NAB) has published an audio file.

National Australia Bank Limited National Monthly Business Survey - Mr David De Garis, Senior Market Economist; Boardroomradio is pleased to announce that National Australia Bank Limited (ASX: NAB) has published an audio file.

National Australia Bank Limited RBA Interest Rate Rise - Mr David De Garis, Senior Markets Economist, (ASX: NAB); Boardroomradio is pleased to announce that National Australia Bank Limited (ASX: NAB) has published an audio file.