NAB’s online trading fees to go to charity
First Australian financial institution to donate online brokerage fees to charity.
NAB will become the first Australian financial institution to donate online brokerage fees to charity.
Brokerage fees paid to nabtrade on April 19 will be donated to the Luke Batty Foundation, which works to raise awareness of family violence and boost funding for support services.
Nabtrade director of investor behaviour Gemma Dale says the bank partnered with the foundation partly because family violence is not among the top causes Australians donated to in the past year.
“The impact that we can have can be quite substantial,” she said.
“We hope that our contribution can go a really long way to help with what is frankly a really tragic issue.”
Every week, at least one woman is killed and one in four children are exposed to domestic and family violence, NAB said.
Rosie Batty’s son Luke was killed by his father in 2014.
“We need to keep up the momentum for change,” Batty said.
“Together, we can create a safer future for all women and children.”
NAB plans to hold a charity trading day annually.
Customers that do not trade on April 19 can still make a donation online.