Financial Hardship – Australian Banking Association

Debt Management

How your bank can help if you’re having money troubles Banks want to help their customers, especially if they’re experiencing financial difficulties. Depending on your circumstances, banks may be able to assist in a variety of ways.Download the fact sheet What is financial hardship? Financial hardship occurs when you’re unable to meet your existing financial…

Financial Difficulty – Australian Banking Association

Debt Management

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…