NAB to stop lending to thermal coal mining

Kirsten Lawson
Updated November 16 2019 - 6:05am, first published November 15 2019 - 12:00pm

The National Australia Bank says it will take no new thermal coal mining customers and wind down lending to existing customers to zero by 2035, an announcement that had NSW Liberal MP Craig Kelly accusing the bank on Friday of putting "a black line" through a legal industry.

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Kirsten Lawson

Kirsten Lawson

Political reporter

It's about the truth for me. That means asking questions. Then asking more questions. On the best days, we get answers.

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