Please see attached media release.
Contact details:
Rebecca Nicholson - 0409 216053
Please see attached media release.
Rebecca Nicholson - 0409 216053
Investors owning $9.74 billion of shares in Australia’s largest agribusiness bank have backed a resolution calling on NAB to disclose deforestation linked to its lending.* The resolution on disclosure of financed deforestation, facilitated by the Australian Conservation Foundation and co-filed by SIX, Australian Ethical, Melior Investment Management, was supported by 13.98% of shares voted at NAB’s AGM today. A second resolution, calling on the bank to set out a strategy to eliminate financed deforestation, was supported by 10.39% of NAB shares voted. Jolene George, head of corporate advocacy at the Australian Conservation Foundation, said: “The support for the resolution on…
BNPL on the Rise: More than a third of Australians using Buy Now Pay Later for online payments up 11% YoY Gen Z leading the shift away from credit cards as PayPal Pay in 4 gains popularity Sydney, 11 December 2025: New research from the PayPal eCommerce Index 2025 shows Australians – particularly Gen Z – are moving away from credit cards and embracing Buy Now Pay Later (BNPL) for online payments with PayPal Pay in 41 leading BNPL providers in terms of year-on-year growth. The national study of 1,022 Australians aged 18-75 found that more than one-in-three Australians (37%)…
NAB shareholders will vote on Australia’s first bank shareholder resolutions on deforestation at the bank’s annual meeting on Friday. The resolutions call on the bank, which is Australia’s biggest agribusiness lender, to disclose how much it lends to customers involved in deforestation and set a strategy to stop financing it. Italy’s largest asset manager Anima, which manages more than €200bn, has indicated its support for the resolutions. The Californian public employee pension fund Calpers, which manage US$500bn in investments, has also indicated it will vote in favour. The shareholder resolution is facilitated by the Australian Conservation Foundation and co-filed by…
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