Shortlisted – NAB and Western Areas

Editorial director of Switzer
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Peter Switzer is becoming a bit of a contrarian when it comes to the banks. Listening to business strategist Gary Hamel at a boardroom lunch last week made him think that NAB has the potential to surprise the doubters.

According to Peter, what could work in NAB’s favour is its focus on business banking, and its UK assets could be worth more in the next two to three years.

“I do think they might be a surprise package,” he says.

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