COVID-19: find out more about how banks can help
25 June 2020
The Australian Banking Association welcomes the Government’s announcement to help restart the creative economy and get the entertainment, arts and screen sectors back on their feet following the impacts of COVID-19.
Banks look forward to the government releasing guidelines of the new concessional loan program in the coming weeks. Once the guidelines are received, applications will be assessed on a case-by-case basis.
In the meantime, businesses in the creative industry who are looking to take advantage of the government-backed concessional loans should get in touch with their bank and flag their interest in accessing the program.
Banks also have a range of support measures already in place for their business customers impacted by COVID-19 and creative arts businesses have been among the sectors accessing this assistance.
ABA members remain committed to supporting businesses large and small as the economy starts to rebuild.
ENDS
Contact ABA Media: 0475 741 007
Latest news
Media Releases
Banks continue to support FNQ flood recovery efforts
Read more
3 April 2025
The ABA is reminding customers across North and Far North Queensland that they don’t have to tough it out on their own, as they continue to recover from February’s severe flooding event. ABA CEO Anna Bligh recently met with Queensland’s State Recovery Coordinator Andrew Cripps to discuss how banks can assist customers facing financial difficulty… Read more »
Media Releases
Banks offer support to customers impacted by flooding in western Queensland and parts of NSW
Read more
2 April 2025
Banks stand ready to support customers in western Queensland and parts of New South Wales affected by heavy rainfall and flooding. ABA CEO Anna Bligh said customers don’t have to tough it out on their own and banks have a range of practical measures to assist those facing financial stress. “This is a challenging time… Read more »
Media Releases
Banks welcome Budget that maintains confidence in our financial system
Read more
25 March 2025
The Australian Banking Association (ABA) welcomes the release of the 2025-26 Federal Budget that maintains confidence in our financial system. The ABA welcomes initiatives to: “This Budget provides extra support to Australians in the short-term whilst at the same time helping to address some of our longer-term challenges,” Ms Bligh said. “There are modest measures… Read more »