fbpx
Skip to main content
New Financial Assistance Hub

Help on offer for farmers affected by fruit sabotage

19 September 2018

Australia’s fresh fruit farmers, including strawberry farmers, affected by the ‘fruit sabotage’ issue are being urged to contact their bank to access the assistance on offer which can include deferred loan payments, waiving fees and restructuring loans.

The assistance is on offer to all farmers affected, including any who may be caught up if the issue spread to other fruits.

Australian Banking Association CEO Anna Bligh said that banks were always ready to help local producers affected by these kinds of issues and urged any farmer who needed assistance from their bank to contact them directly.

“Banks have years of experience in assisting rural producers through disasters and are ready once again to stand shoulder to shoulder with our farmers who need help,” Ms Bligh said.

“This terrible incident of sabotaging fruit has shocked the country and is already taking its toll on our fruit farmers.

“Australian Banks are ready and willing to help any producer affected by this spate of fruit sabotage, therefore anyone affected should contact their bank for assistance.

“Banks have specific hardship teams which specialise in this area, contactable through the main switchboard, who can walk customers through what can be done to see farmers through this difficult time,” she said.

ABA Member banks offer a range of services to help customers experiencing circumstances outside their control.

The type of assistance offered will depend on individual circumstances, but may include:

  • A deferral of scheduled loan repayments
  • Waiving fees and charges
  • Interest free periods or no interest rate increases
  • Debt consolidation to help make repayments more manageable.

To contact your bank regarding hardship call the service phone number or log onto your internet banking website.

ENDS
Contact: Rory Grant 0475 741 007

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