The next biggest risk is the Federal LNP's pet theory 'TRICKLE DOWN' You know where you give companies tax breaks and they expand and put on more workers. Well the NAB made a record $6.6 Billion cash profit and at the same time flagged sacking 6,000 employees. (Over 4 times the number Adani might average.) What will they do with all that cash?
It could be argued that less profit would have meant an even larger number of employees to be sacked.
The reality is, big old banks like NAB have many positions that were relevant back in the day but no longer are in the lean running virtual world we live in today.
Bank branches see less than 10% of the foot traffic than what they did 25 years ago. You can't expect a bank to run like a charity and not go through structural changes in a rapidly changing world.
Do you think the post office should still employ Morse code telegraph operators because we can't possibly consider redundancies as a realistic option in times of change?