Business
Coronavirus bank loan repayment deferral guidance issued by regulator ASIC – ABC News
With time running out on the initial six-month COVID-19 home loan repayment deferrals, the regulator is telling banks how affected customers should be dealt with.
When the COVID-19 pandemic reached Australia’s shores in earnest in late March, banks and other lenders were quick to extend assistance to customers who lost their income during the lockdowns.
Key points:
- Financial regulator ASIC has set out guidelines for lenders to follow when ending COVID-19 loan repayment deferrals
- Your lender should contact you to inform you of when your deferral will end
- If you can’t afford to resume full repayments, your lender should have a conv…
Continue Reading
-
Noosa News24 hours agoChild, 15, arrested over death of another child, 8, after shocking e-bike crash in Queensland
-
Noosa News22 hours agoDeath of German shepherd Arnie prompts Brisbane community action to protect pets caught up in crime
-
General15 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate
-
Noosa News15 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial