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

  • Media Release

Teens surprisingly ‘confident’ about money

Aussie teens report feeling confident about their financial skills but are keen to learn more about money outside the classroom, according to new NAB Economics data.

  • 21.04.2025
  • Time to read 2 min read
  • Property

NAB sees lending rise as buyers regain confidence

Autumn is often one of the more practical periods on Australia’s property calendar. Summer’s distractions are out of the way, and winter’s slowdown hasn’t set in yet.

  • 17.04.2025
  • Time to read 2 min read
  • Media Release

Cracking regional tourism spending tipped for extended Easter and ANZAC Day holiday

Regional towns across the country are expecting a bumper spending period this Easter as travellers flock to the regions to enjoy an extra-long holiday period.

  • 17.04.2025
  • 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.