NAB CEO Andrew Irvine comments on 2025 federal election outcome

NAB CEO Andrew Irvine comments on 2025 federal election outcome
Banking & Financial Services
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Sarah White Group Executive, People and Culture | National Australia Bank

NAB Group CEO Andrew Irvine has expressed the bank's readiness to collaborate with the Labor Government following the recent federal election. Irvine highlighted that "the election outcome brings certainty and certainty is good for business and consumers."

Irvine emphasized the importance of focusing on productivity, housing, and energy to foster Australia's long-term economic growth while addressing cost-of-living challenges. He stated, "We need new thinking and new solutions."

A significant point raised by Irvine was the necessity of increasing housing supply through innovative solutions and construction methods across Australia. He remarked, "Most critically, we need a continued focus on increasing housing supply, particularly new solutions and innovation in the types of housing and methods of construction across the country."

Irvine also noted that businesses and industry groups have a vital role in working alongside governments to achieve improved outcomes for Australians. He concluded, “Businesses and industry groups can play a critical role by working with Governments to deliver better outcomes for all Australians.”