NAB CEO Andrew Irvine has expressed concerns regarding the potential ramifications of former President Donald Trump's proposed tariffs, which could exacerbate tensions in the US-China trade relationship. Irvine emphasized that a global trade war would yield no winners, highlighting the interconnectedness of international economies. For the year ending September 30, 2024, NAB reported a cash profit decline of 8.1%, falling to A$7.1 billion from A$7.7 billion in the previous year. The personal banking segment was particularly affected, with cash earnings plummeting by 20% to A$1.17 billion. Despite these challenges, Irvine remains optimistic, forecasting moderate interest rate relief and economic improvement in 2025, with potential rate cuts anticipated in February or March. In light of its financial performance, NAB declared a final dividend of A$0.85 per share, bringing the total for the full year to A$1.69, an increase from A$1.67 in 2023 [80282799].