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NAB to cut dividend by 25%

Last updated: 08:08 12 Mar 2009 AEDT, First published: 07:08 12 Mar 2009 AEDT

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Business Brief

National Australia Bank (ASX:NAB) has advised that the external environment is increasingly challenging, reducing dividend by approximately 25% at 1H09.  Costs continue to have strong momentum in cost management, within guidance.

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