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“The hardship teams are dedicated groups within banks who work closely with families who have experienced floods and other difficult situations. They have a range of very practical measures to support people to get through these experiences.”
“The message from banks is clear: don’t tough it out on your own, call your bank as soon as you are able to, they are ready to help.”
Don’t let a natural disaster become a financial disaster. Call your bank, they can offer a range of measures right now. Don’t tough it out on your own.
Anna Bligh spoke to ABC Radio North Coast on how banks can help those impacted by floods in the Lismore region.
An average of $3.2 billion was lent to small business in the second half of 2021, up 24% from the $2.6 billion in the second half of 2020.
options to defer loan repayments for up to 3 months for those customers affected by the flood disasters
Australian banks are supporting communities in New South Wales after torrential rain and floods in parts of the state. Floodwaters have inundated towns on the NSW North Coast, Sydney has been pummelled by heavy rain and more is forecast in coming days. Australian Banking Association CEO Anna Bligh says banks have a range of measures… Read more »