National Australia Bank (NAB) faces a $169 million bill after underpaying about 66,000 staff, as part of an agreement with the Fair Work Ombudsman. The total is described as including $127 million in back pay, $34 million in interest, $8 million in super, and a $2 million Fair Work contrition penalty, with some reports rounding the overall figure to about $170 million.
Several outlets also say the bank first reported the problems to the regulator in 2019, but did not fully fix them until about seven years later. Coverage focuses on the scale of the remediation payments and the length of time the underpayment issues persisted. While most accounts follow the same core details, the centre-right and centre-left outlets vary mainly in emphasis—some lead with the headline total and breakdown, while others foreground the timeline of reporting and correction.
