The Role of NAB in the Development of a Purpose Statement

NAB was more advanced on these discussions than any of the other banks. NAB had recently restructured or changed the business model in moving from a trailing commission model to a fee for service model. And I would have to say, with huge problems, massive problems. But that was just at the time that, you know, the legitimate angst in the public was, was escalating. The Royal Commission had the opportunity, because it was certainly within its terms of reference, to consider these issues. It failed to grapple with any of the policy issues. Who knows when these issues will ever be resolved, right? But yeah, it's a bit of a, it'sA bit of a shame