Banking Support
The Australian Banking Association is encouraging bank customers to seek support if affected by floods and have published advice here. The following assistance may be available, depending on individual circumstances:
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A deferral of scheduled loan repayments on home, personal and some business loans for up to 3 months
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Waiving of fees and charges, including for early access to term deposits
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Debt consolidation to help make repayments more manageable
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Restructuring existing loans free of the usual establishment fees
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Offering additional finance to help cover cash flow shortages
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Deferring upcoming credit card payments Emergency credit limit increases