Covid-19 Update and Financial Relief
Mar 24, 2020 by Michael
Covid-19 Loan Repayments
If you’re concerned about your loan repayments during this Covid-19 crisis, please reach out to your broker who can guide you through the process of obtaining some relief. We are here to assist you through this process including helping you complete the forms to apply.
Relevant Links here for packages available:
- CommBank: https://www.commbank.com.au/latest/coronavirus.html…
- ANZ: https://www.anz.com.au/perso…/home-loans/your-loan/covid-19/
- NAB: https://www.nab.com.au/…/c…/covid19-help/home-owners-support
- Westpac: https://www.westpac.com.au/help/disaster-relief/coronavirus/
- St George: https://www.stgeorge.com.au/about/sustainability-and-community/disaster-relief/covid-19?pid=iac:br:COVID_2003::hpg_a
- Macquarie: https://www.macquarie.com/au/personal/forms/financial-hardship
- ING Direct: https://www.ing.com.au/help-and-support/tips-hints-guides/financial-hardship.html
- Suncorp: https://www.suncorp.com.au/banking/help-support/financial-difficulty.html
- AMP: https://www.amp.com.au/home-loans/financial-hardship
- Bankwest: https://www.bankwest.com.au/personal/guides/financial-hardship-assistance
Other Financial Relief
The Government announced new measures on 22 March 2020 to provide support to affected workers, businesses and the broader community. Financial support is available to help you manage the affects of the coronavirus.
Watch out for scammers who try to take advantage of coronavirus (COVID-19). Scams can take many forms. Be wary of offers to assist you access your superannuation or high-return investment opportunities.
The Government, Reserve Bank of Australia and the Australian Prudential Regulation Authority have taken coordinated action to support the flow of credit in the Australian economy, in particular for small and medium enterprises (SMEs).
Other information
If you need help with stress and depression then please reach out to Lifeline.
Lifeline: 13 11 44
The Australian Tax Office has information relating to Covid-19 on their website. This includes information for expats and tax residents living overseas.
Finally get in touch with us if you have any questions or concerns.
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ShannonJustin was brilliant to have as an broker. He worked with my schedule and got everything organised with good counsel and assisted with resolving any issues, and where he wasn’t able to personally, pointed me in exactly the right direction to work the issue, myself. Absolutely will be utilising his services again in the future.
Ilse & Dave HawkinsJustin guided us from start to finish with our refinancing process, and was able to get the lowest possible interest rate. He kept us informed and made it a simple and quick. Justin was a pleasure to deal with! Thank you Justin!
Dan & Lisa DuncanWe have worked with Justin to refinance our house and an investment property.
We had some complexities that Justin guided us through. He achieved a better rate and structure for us than we had dealing directly with the CBA.I have worked with other brokers over the years, but none as responsive, knowledgeable, and easy to work with. Thanks mate!
