Business
NAB lifts customer payout bill, makes flexible work permanent – The Age
NAB has expanded its remediation bill and plans to make flexible work permanent in a series of expenditures that will impact its half-year financial earnings.
NAB allocated $245 million to compensate customers who had been sold poor advice or mischarged adviser service fees, and said the total bill could grow, indicating a likely hit to the bank’s earnings for the second half.
The bank also became the first major financial institution to formalise flexible working arrangements, announcing it had set aside $138 million to modify its Melbourne offices as more staff choose to work from home permanently.
The bank mothballed its Melbourne Docklands headquarters…
-
Noosa News22 hours agoBrisbane’s covert cameras catching more than just litterbugs
-
Noosa News23 hours agoMeasles alert issued across popular south-east attractions
-
General23 hours agoSector warns Coalition’s plan to limit overseas students ‘straight out of Trump’s playbook’
-
Noosa News6 hours agoLune Has Launched a Loyalty Program to Reward Your Love of World-Famous Croissants and Other Tasty Pastries