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HomeBusiness NewsNAB fined $15.5m for pushing ‘reject’ button on customer hardship applications

NAB fined $15.5m for pushing ‘reject’ button on customer hardship applications

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National Australia Bank (ASX: NAB) has been hit with a $15.5 million penalty by the Federal Court for failing to support customers facing financial distress after incorrectly pushing a “reject” button on them over a five-year period.

The Federal Court ordered the penalty following admissions…


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