30 August 2019
Recent YouGov research estimates that nine million Australians have dreamed of working for themselves and starting their own business. However 60 per cent of these Australians (5.4 million) cited “access to money” as the reason holding them back.
Banks have deferred the repayments of one in fourteen mortgages totalling more than $150 billion to assist Australians through the COVID-19 pandemic.
Helping businesses to remain viable and keeping people in their homes is good for everyone.
Australia’s banks deferred an extra 100,000 loans, this week, including approximately 50,000 home loans, to help customers through the COVID-19 Pandemic. Total number of loans deferred is now at least 643,000.