NAB boss warns of challenging year ahead | The Business

Summary

NAB boss Andrew Irvine says things are getting tougher and 2027 will be a "challenging year for our customers." He spoke to the ABC's chief business correspondent, Ian Verrender after the bank released its full-year profit results, which slid 9 per cent to $6.14 billion. Mr Irvine said NAB will "work hard to stay close to our customers and help them through what will be challenging times." "We are yet to see the full impact of five cash rate rises, the latest one only happening a couple of days ago and that will, I think, pressure on cash flow for businesses and will pressure household…

Description from ABC News (Australia).