NAB RESPONDS; National Innovation and Science Agenda

Share

Share

“NAB congratulates the Federal Government on its release of a comprehensive National Innovation and Science Agenda. At NAB, we are supportive of this approach through the work we are doing in our dedicated environment for service and product innovation, NAB Labs, and our $50 million fund, NAB Ventures that will help us access ideas and capabilities from across the globe through partnerships and investments.

“As the biggest lender to Australian businesses, we believe the Government’s Agenda will help promote growth through support for small businesses and the creation of a digital marketplace to assist small and medium enterprises compete for government IT contracts. And, we support the Government’s incentives to link research to commercial outcomes. As the banker for many of Australia’s largest universities and research centres, we look forward to working with our customers to support these links.

“NAB’s Business Innovation Survey published in September found that innovative firms are optimistic about Australia’s future economic growth, citing regional opportunities, digital technology, tourism and Australia’s ageing population as key growth areas. The measures outlined in this plan will help business and industries become more successful because it will encourage greater collaboration, investment and employment.”

– NAB CEO Andrew Thorburn

Topics

SEE ALL TOPICS

Related Articles

  • Economy

NAB Group CEO on the 2025 economic outlook

In his economic outlook for 2025, NAB Group CEO Andrew Irvine shared his optimism the tide would start to turn, with measured growth for the year ahead predicted.

  • 06.01.2025
  • Time to read 3 min read
  • Bushfires

NAB offers Disaster Relief Grants to Western Victoria region

NAB is providing $1,000 grants and additional financial relief to customers severely impacted by the bushfires in the Grampians region in Western Victoria.

  • 30.12.2024
  • Time to read 1 min read
  • Podcasts

NAB Digital Next: Emerging trends – The rise of quantum computing

In the final episode of NAB Digital Next for 2024, host Brad Carr speaks with Steve Suarez on the rise of Quantum Computing.

  • 23.12.2024
  • Time to read 1 min read

Quick links

National Australia Bank — NAB

Sometimes When The Unexpected Happens, We Realise What We Truly Value. Whether A Home, Farm, Business Or Your Passion, NAB Is Here To Support You.

Business Research and Insights

For more business news and analysis, visit NAB’s Business Research and Insights.