Natural Disaster Assistance
https://www.ausbanking.org.au/natural-disaster-assistance/Strengthening and streamlining the industry's response to natural disasters will increase Australia's economic resilience.
View Page29 results for "natural disasters"
Payment Times Reporting Act
https://www.ausbanking.org.au/wp-content/uploads/2023/03/20230303-ABA-Submission-Payment-times-reporting-act.pdfPublished on 3 March 2023
The ABA supports the policy objective that large businesses pay small businesses on time. Banks have taken a range of steps to support small business customers throughout the COVID-19 pandemic and following recent major natural disasters. As a relatively new reporting regime, the ABA considers there is room to improve the scheme to ensure greater efficiency while maintaining or improving its effectiveness.
Download PDFShared responsibility in drought support
https://www.ausbanking.org.au/wp-content/uploads/2021/07/ABA-Submission_-Shared-Responsibility-in-Drought-Support.pdfPublished on 21 July 2021
Banks in Australia have a strong history of helping agri-business customers through difficult times. Banks provide a range of services to help farming customers experiencing not only the effects of drought but also natural disasters or other circumstances outside their control. The ABA welcomes the Government's continued support regarding the existing provisions of in-drought support measures.
Download PDFLessons learned from the Australian bushfire season 2019-20
https://www.ausbanking.org.au/wp-content/uploads/2020/05/202005XX-Senate-Committee-For-Bushfires.pdfPublished on 22 May 2020
The ABA has set up a natural disasters work program that reports to our 16 Council members in order to clarify, strengthen and streamline the banking industry’s response to natural disasters to ensure that they have the right tools for the job at the right time. By the beginning of March 2020, the major banks had provided bushfire assistance grants totalling $7.6 million to more than 4,000 customers across Australia. The banks had also raised more than $42 million in donations to help devastated communities and assisted more than 3,500 customers with financial relief packages of the types described below.
Download PDFBank support for Agribusiness grows to $104.7b
https://www.ausbanking.org.au/bank-support-for-agribusiness-grows-to-104-7b/Published on 17 November 2022
“Agriculture in Australia has a proud record of overcoming extreme adversity, most recently meeting the challenge of major flood events head on. Banks are standing by to support customers affected and the message is to reach out to your bank if you need their support.”
View PageAustralian banks ready to help floods impacted communities
https://www.ausbanking.org.au/australian-banks-ready-to-help-floods-impacted-communities/Published on 17 October 2022
“The message from banks is clear: don’t tough it out on your own, call your bank as soon as you are able to, they are ready to help."
View PageFlood affected customers encouraged to contact their bank
https://www.ausbanking.org.au/flood-affected-customers-encouraged-to-contact-their-bank-2/Published on 14 October 2022
Don't let a natural disaster become a financial disaster. Call your bank, they can offer a range of measures right now. Don't tough it out on your own.
View PageFlood affected customers encouraged to contact their bank
https://www.ausbanking.org.au/flood-affected-customers-encouraged-to-contact-their-bank/Published on 13 July 2022
“Australian banks are currently supporting almost 3000 people in and around the NSW Northern Rivers region"
View PageTranscript: Lismore floods – 3 month deferrals still available
https://www.ausbanking.org.au/transcript-lismore-floods-3-month-deferrals-still-available/Published on 8 July 2022
Anna Bligh spoke to ABC Radio North Coast on how banks can help those impacted by floods in the Lismore region.
View PageABC RN: banks respond to floods, inflation
https://www.ausbanking.org.au/abc-rn-banks-respond-to-floods-inflation/Published on 6 July 2022
ABA CEO Anna Bligh spoke on ABC radio on how banks are responding to the floods across NSW, and the RBA’s moves to curb inflation.
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