NAB CEO Urges Action on Red Tape, Housing, and Energy Reform
NAB CEO addressed the House of Representatives Standing Committee on Economics, emphasizing NAB's customer-centric ambition, optimism about the economic outlook, and key issues like housing affordability, business regulation, and AI impact. NAB committed $60 billion to housing affordability by 2030, advocated for reduced business complexity, energy security, and net zero emissions by 2050, while cautioning against broad AI regulations.
The CEO of National Australia Bank Ltd. (NAB) delivered an opening statement to the House of Representatives Standing Committee on Economics on November 19, 2025. In his remarks, the CEO highlighted NAB’s ambition to be the most customer-centric company in Australia and New Zealand, addressed optimism about the economic outlook, and discussed key issues such as housing affordability, business regulation, and the transformative impact of artificial intelligence. The CEO emphasized NAB’s commitment to supporting housing solutions with a $60 billion Housing Affordability Financing Ambition by 2030 and stressed the need to reduce business complexity and red tape. He also reiterated NAB’s support for energy security and the transition to net zero emissions by 2050. The bank cautioned against broad AI regulations that could stifle innovation and committed to equipping staff with essential AI skills. No URL for the full speech/interview is provided in the document. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on November 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
