NAB's army of small business bankers are steeling themselves for thousands of difficult conversations in the months ahead as they are forced to deny requests for more debt from overly optimistic entrepreneurs looking to borrow their way out of trouble.
NAB's Michael Saadie said prudent lending was even more important "when your home is on the line".
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James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com