
National Australia Bank

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About National Australia Bank
We serve the financial needs of our Australian, New Zealand and global customers.
We’re here to be the most customer-centric company in Australia and New Zealand.
NAB's workforce is made up of more than 38,000 colleagues globally, supporting more than eight and a half million customers in Australia and overseas across: personal accounts, small, medium and large businesses, private clients, government and institutional activities.
We became NAB when the National Bank of Australasia (est. 1858) merged with the Commercial Banking Company of Sydney (est. 1834) on October 1, 1981.
Our scale and connectivity help us to tackle some of the biggest challenges facing our business and community. We're focusing on taking climate action, supporting affordable and specialist housing and backing Indigenous businesses.
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![]() | ![]() Change Company | ![]() Change Company | ![]() Change Company | |
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Overall Rating | 3.0/5 based on 258 reviews | 4.0/5 based on 38.5k reviews ![]() | 3.9/5 based on 40k reviews ![]() | 3.8/5 based on 3.9k reviews |
Highly Rated for | ![]() No highly rated category | Job security Skill development Company culture | Job security Skill development | Job security Salary |
Critically Rated for | Promotions Work satisfaction Skill development | ![]() No critically rated category | Promotions | ![]() No critically rated category |
Primary Work Policy | Hybrid 90% employees reported | Work from office 91% employees reported | Work from office 84% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.1 Average rated by 80 women | 3.9 Good rated by 10.2k women | 3.7 Good rated by 8.4k women | 3.8 Good rated by 833 women |
Rating by Men Employees | 3.0 Average rated by 174 men | 4.0 Good rated by 26.5k men | 3.9 Good rated by 29.6k men | 3.8 Good rated by 2.7k men |
Job security | 3.1 Average | 4.1 Good | 4.0 Good | 4.1 Good |
National Australia Bank Salaries
Analyst
Senior Associate
Senior Analyst
Analyst 1
Associate Vice President
Senior Vice President
Senior Consultant
Data Engineer
Engineering Analyst
AVP
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National Australia Bank News
ANZ Warns of Scammers After Cyclone Alfred as Insurers Receive Over 9,000 Claims Amid Relief Efforts
- ANZ Bank warns Australians to be cautious of scammers impersonating banks, insurance companies, or disaster relief services amidst the aftermath of tropical cyclone Alfred.
- ANZ and NAB offer relief packages for customers affected by the destructive weather, providing payment relief, waiving fees, emergency funds, and temporary accommodation.
- Over 9,000 insurance claims have been received by Australian insurers in the wake of cyclone Alfred; many more thousands of claims are expected in the coming weeks.
- ANZ urges individuals to stay vigilant, be aware of scammers posing as recovery support, and take precautions in making donations to verified relief efforts.
Asian Stocks Drop After Trump Proposes New Tariffs: Markets Wrap
- Most Asian equities slipped in early trade as threat of global trade war and geopolitical uncertainty overshadowed chipmaker rally.
- Shares in Hong Kong, mainland China, and Australia fell, with Japan's stocks dropping notably after Trump's tariff threat.
- Investors cautious about tariff impact and Ukraine war talks, while focusing on Chinese market rally and AI advancements.
- Trump's detailed announcements on new tariffs on automobile, semiconductor, and pharmaceutical imports affected markets.
- Baidu Inc. and National Australia Bank Ltd. stocks declined following revenue and earnings drops respectively.
- Japanese exports rose, yen strengthened, and RBNZ cut interest rates to aid economy.
- US-Russia talks on Ukraine conflict addressed, while Fed's Daly emphasized need for restrictive policy.
- Oil prices held steady amid OPEC+ supply concerns, while gold surged close to record high.
- Key events this week included New Zealand rate decision, Fed minutes, and Eurozone consumer confidence data.
- Market movements: S&P 500 futures unchanged, Hang Seng futures down 1%, and various currency fluctuations observed.

NAB backs Harness in developer productivity drive
- National Australia Bank (NAB) has adopted the Harness CI/CD and GitOps tooling to standardize software deployment to the cloud.
- The platform is used by over 2000 developers at NAB on a daily basis.
- Harness aims to remove developer toil and make the development process more automated and streamlined.
- The bank has seen benefits including compliance to software standards, reduction in build failures, decreased build times, and improved deployment frequency.

PayTo Goes Live on Amazon Australia, Thanks to Banked and NAB Collaboration
- Banked and National Australia Bank (NAB) have collaborated to launch PayTo payment option at Amazon Australia.
- The partnership aims to promote the account-to-account (A2A) payment method and familiarize customers with Pay by Bank.
- Customers can make direct bank-to-bank transactions on Amazon.com.au without the need for card details.
- The collaboration between Banked, NAB, and Amazon will position Australia as a global leader in account-to-account payments.

NAB business survey: How SMEs are doing right now
- The latest NAB Business Survey shows a resilient Australian economy, although certain states and industries face challenges.
- Queensland and NSW report favorable business conditions, while Western Australia sees a dip primarily driven by transport and utilities sectors.
- Retail businesses show positive business conditions, while transport and utilities sectors struggle due to higher energy costs.
- Overall, the economy and labor market remain resilient, but SMEs should monitor state-specific trends and manage rising input costs.

NAB CEO predicts multiple interest rate Cuts in 2025
- NAB Group CEO, Andrew Irvine, predicts multiple interest rate cuts from the Reserve Bank of Australia (RBA) in 2025.
- Irvine expects the RBA to reduce the cash rate three times this year, starting with the first cut expected in May.
- A gradual reduction in interest rates would provide relief to homeowners and businesses, improving household budgets and economic conditions.
- NAB's prediction aligns with expectations from Westpac and ANZ, while Commonwealth Bank anticipates an even earlier rate cut in February.

Australia's Big 4 banks 'exit' thousands of suspected mule accounts
- Australia's 'Big 4' banks - CBA, NAB, ANZ and Westpac - flagged and/or 'exited' thousands of bank accounts in the last financial year.
- The banks utilized AI and other anti-scam detection capabilities to identify and investigate suspicious accounts.
- The use of technologies like BioCatch aided in proactively identifying and blocking potential mule accounts.
- Improved bank detection and prevention measures resulted in a decrease in scam-related funds and customer losses.

More Than Half of US Companies Use Real-Time Payments
- More than half of American companies are already using the RTP network and the FedNow Service.
- International advancements in real-time cross-border payments allow for instant transfers.
- QR codes and NFC technology are being used to simplify real-time payments.
- Real-time payments offer advantages for businesses and consumers, making transactions faster and more efficient.

NAB starts tailoring the output of its AI pair-programming
- National Australia Bank (NAB) plans to triple the number of engineers using the AI pair-programming service Amazon Q Developer in FY25.
- NAB has steadily increased its user base for Q Developer, reaching 1000 developers in production environments by late June.
- The bank is utilizing customizations in Q Developer, allowing it to conform to internal libraries, proprietary algorithms, and enterprise code styles.
- NAB has also used Q Developer to upgrade Java-based applications to new language versions and is interested in exploring new capabilities and previews added at AWS re:Invent 2024.

NAB tech spending drives up capex
- National Australia Bank (NAB) spent $548 million on technology infrastructure during FY24 as part of its ongoing modernisation push.
- NAB's infrastructure investments increased by $34 million or 6.6%, reflecting continued investment in technology resilience and simplification.
- The investments included building data platform, cyber security, and cloud migration, with NAB renewing its agreement with Amazon Web Services.
- Overall, NAB's investment spending and capitalised software reached $1.6 billion in FY24, with a focus on technology and compliance capabilities for fraud and cyber security.

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