Covid-19: Support for Business from your bank

Written By Sara Johnston

If you’re dealing with the impact of the COVID-19 pandemic, or facing the impacts of drought, bushfire or flood, there are practical ways your bank can help

Australian banks have hardship teams ready to help you, depending on your circumstances.

Assistance could include:

  • deferring loan payments,

  • waiving fees and charges,

  • helping with debt consolidation,

  • waiving penalties for early withdrawal of a term deposit or

  • deferring upcoming credit card payments and increasing emergency limits

Contact details if you’re doing it tough

Contact your bank’s financial hardship team on the web or on the phone.

A downloadable list is available here.

Sara Johnston
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