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COVID-19 Banking Timeline
see what’s happened in the Australian banking sector
“No customer is going to wake up the day after the 31st of March and find that there is some legal action being taken by their bank on their loan.”
“we’ve seen a record high number of Australians switch their loans, either to another bank or gone to their own bank and got a better deal.”
Anna answered questions about the impact of COVID-19 on banks’ profits, how banks have responded to help customers during the pandemic and what’s happening next to customers who’ve deferred their mortgages.