A positive result for customers and colleagues
NAB provides finance to help customers such as Taylors Run deliver innovative solutions that drive sustainability and efficiency.
In October, it became the first Australian bank to partner with Greener, a dedicated sustainability solution provider, to offer small business customers an opportunity to assess and accelerate their sustainability plans.
NAB today released its 2023 Full Year Results. During the past three years, $33.9 billion has been provided in lending to support the growth ambitions of business owners.
“NAB is focused on delivering better outcomes for our customers and colleagues – regardless of the environment – and this is serving our customers and our bank well,” Ross said.
“In the last three years, we’ve invested $1.3 billion into our Business & Private Banking division, added around 700 customer facing roles and introduced better products and services for our customers.
“Despite the headwinds, I’m optimistic. With strong migration levels, low unemployment and demand for our natural resources, Australia is well placed to rebound in the second half of next year.
“Most businesses I talk to are still ambitious to grow. They’re looking to invest and be more productive and want banks and governments to keep make things simpler and easier for them to get on with the job.”
NAB has a range of initiatives for agribusiness customers, including supporting the Climateworks Centre’s Natural Capital Measurement Catalogue project, which provides tools to measure natural capital.
The NAB Foundation is supporting the development of nature-based solutions through Greening Australia and the World Wide Fund for Nature-Australia.
For Michael and his family, the focus remains on safeguarding the business, and the New England Tablelands ecosystem, for years to come.
The Taylors have planted about 250,000 trees and will soon reach a positive tipping point at the property: the return to 30% tree cover.