Today’s announcement by the SA Government is poor policy without logic.
The role of the Australian banks is to support customers and communities and drive economic growth and activity. It is not to be a blank cheque so governments can cover their own budget shortfalls.
South Australians want their state to be more attractive to investment that will enable it to transition its economy and create new opportunities and jobs – this tax will do the opposite.
NAB has announced its third quarter trading update including updated guidance on FY25 operating expenses.
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NAB today released its third quarter trading update.
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AUSTRAC has today announced that it has finalised the Enforceable Undertaking (EU) with National Australia Bank Limited (NAB), agreed in April 2022. This marks the cancellation of the EU, which aimed to address NAB’s compliance with certain aspects of Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) laws.
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