NAB’s chief data officer, Glenda Crisp, is leaving the bank for personal reasons, and returning to Canada, reports ITNews. Crisp has been with NAB since 2018, and oversaw the redesign of the bank’s data strategy and the setting up of a global privacy office. The bank said a search for a replacement was underway.  

Victorian Treasurer Tim Pallas has written to federal Treasurer Josh Frydenberg and the heads of Australia’s major banks, calling for a review of credit card interest rates. Pallas wants the federal government to intervene to tie credit card interest rates to the official cash rate. With the current cash rate languishing at 0.1 per cent, Pallas said of the interest rates on credit cards of 20 per cent or more : “it’s unreasonable, it’s unfair, and it’s unconscionable”.