nabtrade donates more than $250,000 to flood recovery

Share

Share

After a successful day of trading, nabtrade together with its customers have raised more than $250,000 for the flood recovery in Queensland and New South Wales.

The full day’s brokerage will be donated to GIVIT who are working hard to help those affected by storms and flooding managing offers of donated goods, services, volunteering and funds.

nabtrade Executive, Adrian Hanley, said it was great to see such a strong response.

“This event has been an enormous success and we are proud to have been able to support GIVIT’s brilliant work across flood affected areas,” Mr Hanley said.

“On behalf of nabtrade, thank you to everyone who got behind us and chose to trade today.”

GIVIT CEO Sarah Tennant said the recovery from these floods will be long-term.

“We’re grateful to everyone who contributed to this fundraising effort today,” Ms Tennant said.

“These funds will be used to purchase essential items for people impacted by this disaster across Queensland and New South Wales. GIVIT will be working with these communities into the future.”

Today’s ‘nabtrade flood relief trading day’ follows a strong tradition established by the team to give back to the communities and make a difference where, and when, it really matters.

NAB has so far provided more than $2.6 million in emergency grants to 2500 customers and colleagues to help with immediate financial support as they need it. These $1,000 grants help cover costs such as temporary accommodation, food and clothing . NAB customers who have suffered damage to their home and need assistance can call NAB Assist on 1300 308 132.

NAB’s $1,000 business grants are also available to help restart or reopen and cover the cost of damaged property, equipment, fencing – and for loss of stock or livestock. NAB business and agribusiness customers wishing to access the grants should call NAB’s dedicated team on 1300 769 650.

To support communities impacted by floods, donate items, funds or volunteer through GIVIT’s Flood Appeal. See exactly what’s needed at www.givit.org.au/storms-and-flooding

Economy

SEE ALL TOPICS

Media Enquiries

For all media enquiries, please contact the NAB Media Line on 03 7035 5015

Related Articles

  • Business

NAB reports record jump in business finance for EVs as uptake accelerates

New data from Australia’s largest business bank shows businesses are driving the switch to electric vehicles with the value of the bank’s EV loan book growing by a record 224% year-on-year.

  • 29.02.2024
  • Time to read 3 min read
  • Economy

Melbourne and Sydney businesses “Enchanted” by Taylor’s Aussie Era

Taylor fever gripped Sydney-siders last weekend, with an estimated $135 million boost in spending recorded at businesses in Sydney’s inner suburbs

  • 28.02.2024
  • Time to read 1 min read

Quick links

Business Research and Insights

For more economic news, insights and analysis, visit NAB’s Business Research and Insights