NAB CEO on 2022 Federal Budget

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Following the October 2022 Federal Budget NAB Group CEO, Ross McEwan said:

“The Government’s commitment to deliver an additional 40,000 social and affordable homes is particularly welcome.

“Helping more people buy their own home is core to our business and over the last three years, NAB has provided more than $2 billion in financing to support affordable and specialist housing.

“This includes programs to help people access housing, including those on lower incomes to buy their first home, and by increasing supply through the development of more affordable and specialist housing. And we’re determined to do even more.

“As a member of the Treasurer’s new Investor Roundtable, I look forward to discussing how we can further support investment in housing at our first meeting next month.

“It was also pleasing to see funding to support the transition to net zero, including for the development of climate reporting standards.

“The development of a standard approach to climate reporting is important to help businesses with their transition planning.”

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