In this time of economic uncertainty, your bank/financial providers may be an ally for you with many of the major banks offering their customers support throughout the COVID-19 pandemic.
Whilst support offered may differ between providers, many are offering deferred payments on existing loans whether that be for home loans, business loans, or equipment finance payments.
Below is a table listing most of the major banks and the support packages being offered to their clients (Click here to download)
The banks are assessing on a case-by-case basis. If you are experiencing financial hardship, we encourage you to contact your bank/financial provider as soon as possible to discuss your situation with them.
As always, if you are in need of our assistance please do not hesitate to contact our office to speak with your Accountants.