ANZ today announced cash assistance for customers whose homes have been destroyed by this weekend’s devastating bushfires in Victoria together with a package of other assistance measures and a $1 million donation to the Victorian Bushfire Appeal established by the State Government.
ANZ will provide immediate cash assistance for its mortgage customers whose primary residence has been affected by the fires. The assistance will involve a $10,000 cash grant where their home has been totally destroyed. Customers whose homes have been partially destroyed through structural damage to their home or amenities will receive a $5,000 grant.
ANZ will also provide a $10,000 cash grant to customers whose home, stock and machinery have been totally destroyed, along with $5,000 to customers whose home and farms are partially destroyed to assist with stock management and essential farm items.
In addition, ANZ will offer to:
- suspend repayments on all loans for three months
- waive fees associated with restructuring business loans considered necessary due to bushfire impacts
- waive early withdrawal costs for term deposits
- consider temporary adjustments to customer lending limits including credit cards to assist them to cope financially with unexpected costs arising from the bushfires.
ANZ customers or members of the public wishing to donate can do so at anz.com or at any branch using the details below;