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“Cyber attackers prey on busy people,” David Webb, owner of Brisbane-based technology company Winbasic Technology Solutions explains.     “Small business owners are often stretched thin, and that’s when they’re most exposed.”    Red tape, hiring and training staff and cyber security threats topped the list of things keeping small businesses up at night, according to NAB’s Behind our Businesses: Unlocking growth for small and medium enterprises report    Read more about their story and the report here: https://lnkd.in/gABjC38P  

“Losing trained staff to competitors is a serious financial hit. Compensation or support programs for small businesses would be invaluable,” said Charmagne and Colin, who run their pool and spa business Country Rubber and Foam in Tamworth.    Red tape, hiring and training staff, and cyber security threats topped the list of things keeping small businesses up at night, according to NAB’s Backing our Businesses: Unlocking growth for small and medium enterprises report.    Read more about their story and the report here: https://lnkd.in/gnYMxF6G

“Small businesses are the engine room of our economy, but they’re at risk of stalling unless we do something about it,” NAB Group CEO Andrew Irvine said.    Red tape, hiring and training staff and cyber security threats topped the list of things keeping small businesses up at night, according to NAB’s Behind our Businesses: Unlocking growth for small and medium enterprises report, released today.    Accessing capital, supply chains and digitisation and AI rounded out the list of roadblocks NAB’s small business customers and bankers identified as part of the research.    Fresh thinking was needed to remove barriers, said Mr Irvine.    “Small businesses can’t do this on their own – and they shouldn’t be expected to. They need banks, governments and industry groups to come together and have their backs.”    Read more about the report and its recommendations here: https://lnkd.in/gdxZBWqH

With a bunch of big acts playing in Australia between now and Christmas, we're warning customers and the community about ticket scams. We’re working hard to reduce the impact of these scams through: ❗ Technology and initiatives like payment alerts targeting ticket scams in the NAB App and Internet Banking ❗ Fraud experts like Tyla Dillon supporting customers ❗ Ongoing education Tyla recently helped a customer tangled up in a Coldplay ticket scam. Read more – including Tyla’s red flags and ways to protect yourself – via the link below. Chris Sheehan Angie Dickinson

Indigenous Business Month draws to a close this week, but not before we share one more of NAB’s incredible First Nations business customers. After becoming a commercial pilot in 1991, Daniel Takai founded Torres Strait Air in 2014. In 2024, the business operates 13 aircraft into 11 communities in the Torres Strait and Cape York Northern Peninsula area. Torres Strait Air connects these communities with essential services ranging from access to health and education through to cultural events and funerals. Daniel, his family and their team are ‘Making their Mark’ to build an airline he dreams can one day be fully owned by the Torres Strait community. #Indigenousbusinessmonth #IBM2024 #MakingOurMark

“Diwali is the biggest event on the calendar for me!” When Sydney analyst, Urmi Talukdar decided to build her life in Australia 20 years ago, it meant leaving behind her loved ones and the colourful cultural celebrations back home in Bangladesh. “I missed the big family gatherings with traditional music, vibrant clothing, and the rituals. I missed that sense of belonging.” Since then, Urmi has created new traditions in Australia. And now, Urmi’s part of the team bringing this year’s Diwali celebrations to NAB. Read more about Urmi’s journey: https://lnkd.in/g5PbaRmn

With several Ukrainian rugby league players contributing to the current war effort, NAB Agribusiness Manager Tom Mencinsky is one of six Aussies representing Ukraine in the qualifiers for the 2026 Rugby League World Cup!   “To be selected for the national team has been a special moment for me and the family,” said Tom. “I grew up playing rugby union, and still play socially, but this was an opportunity to try something different and give back to the community and the culture that brought me up.”   Tom pulls on the boots for Ukraine at 2am AEDT this Wednesday 23 October (5pm on Tuesday 22 October, local time in France).   Good luck Tom! https://lnkd.in/graB9VPd

Another amazing result from yesterday’s nabtrade Charity Trading Day - thank you to everyone who made a trade in support. We raised $270,000 for NAB Foundation major partner Disaster Relief Australia to invest funds in resilience projects that help Australian communities prepare for disaster.   Disaster Relief Australia Chief Executive Officer David Smith said that the money raised will enable DRA to help communities proactively prepare for the unexpected and facilitate up to four preparedness ‘big map’ exercises in at-risk communities around the country.   “These preparedness sessions will bring together and help vulnerable communities identify risks, develop disaster management strategies, and build their capability to face future challenges,” said Mr Smith.   “Together, community leaders, local residents, and emergency response agencies will walk a large aerial map to simulate and share stories about the impact that fires, floods and other disasters can have.   “The support of our volunteers and partners enables us to do the work we do, and we are proud of our ongoing alliance with NAB Foundation. We have a shared commitment to strengthening Australian communities. Through both resilience and recovery work, we are helping people on some of their toughest days move towards better ones.”

How’s your cyber security strength? 💪🏽   This Cyber Security Awareness Month, NAB’s Chief Security Officer Sandro Bucchianeri shares four simple steps people can take to whip their security into shape.    NAB is here to help businesses and individuals with their cyber security, offering free security assessments, discounts for security services, tool kits and advice. Check out what’s available on NAB’s Security Hub: https://lnkd.in/gB3_x5Wr.   #CyberSecurityAwarenessMonth Australian Signals Directorate 

What are the best investment ideas right now? We asked eight of Australia’s best investment managers to share their most compelling investment thoughts. With nabtrade's Charity Trading Day tomorrow, these insights can be used to make a difference to communities affected by disaster. For every customer trade made on 15 October, we'll donate 80% of all brokerage fees to support NAB Foundation major partner, Disaster Relief Australia. Every customer trade will help the team create interactive maps of local areas across Australia. These exercises bring together communities to simulate and share stories about how fires, floods and other disasters can and have impacted local people, infrastructure, and the environment. Read more below: https://lnkd.in/gqq4DKfK