FOU

  • Home
  • Current Campaigns
    • Suppressor September 2023
      • Suppressor letter templates
    • Inquiry into Victoria’s Recreational Native Bird Hunting Arrangements – Submission
    • National Firearm Register consultation submission
    • Bowhunting South Australia – Our Statement
  • Membership
  • How to get your firearm license
  • Merch Shop
  • Database
  • About Us
    • Policy and Stance
    • Meet the team
    • Donate
    • Current Campaigns
    • Articles & Blogs
  • The Australian Firearms Industry
    • Our Partners, Sponsors and Corporate Members
    • Current competitions
Home  /  Banking • NAB • Queensland • Shooters • Sports Shooting • Target shooting  /  NAB doesn’t want your business.

NAB doesn’t want your business.

fouadmin March 12, 2020 Banking, NAB, Queensland, Shooters, Sports Shooting, Target shooting 4 Comments

We recently posted the below letter on our page, sharing from Ozzie reviews. The letter details how NAB is closing the bank account of Smiffy’s Guns and Ammo, with no real reason given.

Letter to Smiffys Guns N Ammo

This post reached many of our followers and reports of similar actions occurring elsewhere streamed in. One of these affected businesses was willing to talk to us – JRB Precision, a  bullet manufacturer based in Brisbane.

They sent us the below letter and email from NAB, confirming straight from the horse’s mouth that NAB is closing the accounts of businesses involved in the Firearms Industry. 

Respone from NAB Confirming the move is purely due to the business being in the firearms industry.

It should go without saying that this is extraordinarily concerning for us as well as mirroring  a similar move, that was later retracted from BoQ last year. Whilst BoQ saw the light and reversed course, NAB is yet to do so.

We are massively concerned about this because as anyone who has ever run a business would appreciate that it is simply not possible, or indeed legal to run a business without access to a bank account at the very least.

The NAB letter claims that this move is due to a ‘risk appetite’ change from them, when it comes to the financial security and of a business we struggle to understand how a firearms industry business could possibly be any more risky for the bank than any other business. Indeed with the highly regulated services that are on offer in this industry we imagine the rate of fraud that causes loss to banks is substantially lower in this industry then in any other comparable industry.

Given how quickly BoQ capitulated on this issue and the overly vague language being used in the communications from NAB, we can only presume that these moves are instead coming down to the political viewpoints of some back office bank manager. We would encourage shareholders in these institutions to ask at the next AGM why NAB is turning away  profitable customers based on what appears to be some managers’ personal sensitivity.

Naturally we though we would ask the man himself, so this morning we emailed and snail mailed NAB’s CEO Ross McEwan on the matter. We will let you know if we receive a response.

If the prospects of politically motivated de-platforming in the banking sector frighten you as much as it does us, we would ask that you contact your local Federal member and ask why this sort of discrimination is even legal, let alone still being tolerated. 

Tweet

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to print (Opens in new window) Print
  • Click to share on Reddit (Opens in new window) Reddit

Like this:

Like Loading...

Related

Previous Article
Next Article

About Author

fouadmin

Related Posts

  • The Sound Case for Firearms Suppressors

    25 February, 2021
  • Queensland Police Email Fail

    13 January, 2021
  • A new WA? Dodgy firearm confiscations in South Australia

    10 September, 2020

4 Comments

  1. Bill Veris Reply
    13 March, 2020 at 11:15 am

    Can’t imagine any talkback calls on this topic and yeah in the age of discrimination this is intolerable. Australian nationalist Blair Cottrell had his bank account taken off him as well. That was Westpac.

    Considering how people often say that bankers start wars and are the very cause of economic problems for the world, it’s pretty disgusting how they can be so heavy handed with their random morals against the firearm industry.

  2. PornDodo Reply
    16 March, 2020 at 3:04 pm

    You’re great. Learn from you!

  3. PaulH Reply
    29 March, 2020 at 10:28 am

    Just like the bastards to do this after the Haines Royal Commission, trying to pretend they’re taking some high moral ground

  4. chewy555 Reply
    30 June, 2020 at 2:00 pm

    NAB also refused to provide me with a merchant machine as they said to be the firearms industry was undesirable,

Leave a ReplyCancel reply

  • Popular
  • Recent
  • Wankers: Victoria Police tell citizens not to fight back against African gangs 29 December, 2018 123
  • Australia has also had school shootings and they were after 1996 24 February, 2018 46
  • NZ Police shut down gun confiscation website in less than 24 hours due to trolling 22 March, 2019 43
  • Dean Webber case exemplifies everything that’s wrong with defending yourself in Australia 15 October, 2018 38
  • Why we push for self-advocacy 3 December, 2023 0
  • The Grinch that stole reloading for Christmas – A Mark McGowan tale. 21 December, 2021 0
  • Species highlight: The Red fox 11 November, 2021 1
  • Pest control methods spotlight: Biocontrol 7 November, 2021 0

Recent Comments

  • Val on The Sound Case for Firearms Suppressors
  • Anonymous on Species highlight: The Red fox
  • Anonymous on Gel Ball Blasters now illegal to possess in Queensland without ‘reasonable excuse’
  • Anonymous on Gel Ball Blasters now illegal to possess in Queensland without ‘reasonable excuse’
  • Philip Kevin Walter on FGC-9s: 3D Printed 9mm Carbines Found in Aus

Social Media

Firearm Owners United

Firearm Owners United was founded in response to the many hysterical voices crying out for further gun control in this country. We already go through so many hoops to get our firearms as it is. We do not need more hoops. We don’t need a mother/father figure deciding what’s the best for us. We are Law Abiding Firearm Owners, and we are sick of being treated like second-class citizens.

Social Media

Explore FOU

  • About Us
  • Blog
  • Current Campaigns
    • Bowhunting South Australia – Our Statement
    • Inquiry into Victoria’s Recreational Native Bird Hunting Arrangements – Submission
    • National Firearm Register consultation submission
    • Western Australia Firearms Act Reform – our submission to the consultation
  • Database
  • Donate
  • FOU Elite Atheletes
  • How to get your firearm license : state -by- state
  • Media Affiliates
  • Merch Shop
  • Our Partners, Sponsors and Corporate Members
  • Policy and Stance
  • Publications
  • Suppressor letter templates
  • Suppressor September 2023
  • Suppressors 2022
  • The Australian Firearms Industry
Follow @FOU_official

Follow Us

 

Loading Comments...
 

    %d