NAB urges farmers and regional businesses to act early as fuel pressures mount

NAB is encouraging farmers and regional business owners impacted by fuel shortages and high fuel prices to reach out early for support.

NAB Group Executive for Business and Private Banking Andrew Auerbach said farmers and regional businesses should not hesitate to get in touch if they are concerned about the impact fuel access or pricing is having on their operations.

“Fuel is essential to keeping farms, regional businesses and local supply chains running, and we know uncertainty around access and price can create real pressure very quickly,” Mr Auerbach said.

“If you’re worried about how this situation could affect your business, please reach out to us. We’re here to help, and the earlier we can have the conversation, the better.”

Mr Auerbach said NAB’s team of more than 870 regional, agribusiness and small business bankers across Australia has also been proactively reaching out to farming and regional business customers, checking in to understand how they are being affected and what support may be needed.

“Our regional and agribusiness bankers live and work in regional communities,” he said.

“They understand what’s happening on the ground and are already having conversations with farmers and regional business owners about how we can support them through this period. This is about standing alongside our regional customers, helping them manage short term pressures while keeping an eye on the long term health of their businesses.”