fbpx
Skip to main content
New Financial Assistance Hub

Financial relief available for people affected by WA bushfires

12 January 2016

Sydney, 12 January 2016: A range of assistance packages are available from banks to help communities affected by the bushfires in Western Australia, the Australian Bankers’ Association said today.

ABA Chief Executive Steven Münchenberg said: “Individual banks have announced assistance packages to help ease some of the burden faced by people who have lost homes and been impacted by the bushfires.

“If your household or business has been affected, contact your bank as soon as possible to find out what type of assistance is on offer,” he said.

The support offered to customers will depend on individual circumstances and needs, but may include:

  • Suspending home loan or credit card repayments
  • Waiving charges associated with withdrawing term deposits early
  • Emergency accommodation assistance, and
  • Waiving fees related to restructuring business loans.

ENDS

Contact: Stephanie Arena 0477 470 677 or Nic Frankham 0435 963 913

Latest news

1 / 3
Media Releases
Release of Strategic Review into roll-out of the Consumer Data Right 
3 July 2024

The ABA has today released the findings of a strategic review undertaken by Accenture into the roll-out of Australia’s Consumer Data Right (CDR) regime.   The CDR went live to customers of major banks in July 2020, and to customers of other banks in July 2021. Approaching 4 years since its launch, the ABA commissioned Accenture… Read more »

Read more
Media Releases
Updated rule book for banks 
27 June 2024

The Australian Banking Association welcomes ASIC’s approval of an updated Banking Code of Practice that will continue to drive better banking outcomes for customers. The updated Code strengthens consumer protections by providing customers with safeguards that are in addition to the law.   ABA CEO Anna Bligh said this Code will provide an even higher… Read more »

Read more
Media Releases
Mobile wallet transactions overtake ATM cash withdrawals in digital banking boom 
27 June 2024

Australia’s digital banking boom is continuing with payments by mobile wallets surging by 35 per cent in the last year alone, according to a new report released today by the Australian Banking Association.   The 2024 ‘Bank On It’ Report shows that in the last year alone customers made $126 billion in payments with their mobile… Read more »

Read more