National Australia Bank admits underpaying almost 66,000 staff over 14 years

National Australia Bank has admitted that it underpaid almost 66,000 current and former staff over a 14-year period, the Daily Mail reported. The payroll errors affected casual, part-time, and full-time employees across all Australian states and territories. [1]

According to the Fair Work Ombudsman, cited by the Daily Mail, the underpayments occurred between 2012 and 2026. The affected personnel worked in a broad range of personal and business banking roles at the lender. [1]

The Daily Mail reported that the bank has already paid back most of the 169 million Australian dollars owed to staff. That sum includes unpaid wages, interest, and superannuation entitlements. [1]

The admissions come amid broader regulatory scrutiny in the Australian banking sector. As FTMQ News reported earlier, the Australian Securities and Investments Commission launched legal proceedings against Commonwealth Bank over alleged fee overcharges affecting 42,000 business customers. [1][3]