National Australia Bank chief executive Ross McEwan has called for an increase in skilled migrant movement between Australia and New Zealand, as theA deal was finalised between the two governments on Friday to allow one-way tourist travel between New Zealand and New South Wales and the Northern Territory. However, Mr McEwan said this should go further and called on both countries' prime ministers to be "courageous" in allowing workers to start moving across the Tasman.
"Let’s get away from the ideological who’s getting taxed – we need less tax so people spend money inside our economy and we need it quickly to get that moving," Mr McEwan said. NAB extended its loan deferral period for small businesses and home owners in July by a further four months, ending in March next year. Mr McEwan said the bank was not going to extend this again, but would assess each loan on a case-by-case basis and offer repayment extensions to individuals.
CharlotteGriev1 What kind of 'skills' does McEwen believe don't exist sufficiently in a country of 25M? & what lift does he expect Australia to benefit from via a country of 5M? UPSHOT: His POV & logic, and this article, don't make sense.
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