As millions of Australians return to the nightmare scenario of lockdowns, the financial industry has come together to offer COVID support packages to customers and businesses.
CBA have announced a raft of measures to help their customers: SME customers ill have fees waived and access to deferrals on asset finance and some business loans, while home loan customers can switch to fixed rates and reduce repayments to the mandated minimum, among other measures.
Our thoughts are with our New South Wales customers who are tonight entering lockdown, said CEO Matt Comyn. We want to assure any of our customers who need assistance during this difficult time that we have measures in place to support them including short-term repayment deferrals….
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