The Australian Competition and Consumer Commission (ACCC) said on Friday that it has no fresh information to share on the proposed takeover deal between National Australia Bank (NAB) and AXA Asia-Pacific Holdings Ltd.

ACCC has earlier junked NAB's $14 billion bid to takeover AXA citing that the merged entity would considerably reduce the competition in the wealth management market.

Subsequently, NAB tried to modify its proposal in order to convince the consumer watchdog that the healthy competition in the retail investment platform markets would stay the same once the merger has been approved.

It has been a stalemate since then and ACCC chairman Graeme Samuel said Friday that the takeover's development has been the subject of speculations though he declared that nothing new can be said on the NAB-AXA issue.

Mr Samuel told reporters in Adelaide that his agency is ready to receive anything that NAB would submit for public examination as he gave assurance that ACCC would make its final decision based on what they have and there will be no surprises.

He said that for now "we have nothing from NAB that is appropriate to put into the public arena."