By Jason Irvine
Bendigo Bank has announced an extension of its support of flood-affected assistance packages for agribusiness customers in New South Wales, Queensland, Tasmania, and Victoria.
To support farmers in areas inundated by floodwaters, the bank is extending the deferral of agribusiness loan payments for eligible customers from three months to six months.
Bendigo Bank Chief Customer Officer Business and Agribusiness, Adam Rowse, said extending the packages of support to flood-affected agribusinesses was the right thing to do, given the current circumstances.
“What we’re seeing on the ground is simply devastating for many of our farmers and agribusiness customers. Expanding our assistance package is just one small way we can help,” Mr Rowse said.
“Our farmers are the backbone of this country, providing the food we put on our tables every night. It’s critical we provide them with the support they need when times are tough.”
The extension of the Bendigo Bank’s package adds to the existing support measures, the recent announcements of accessing flood grants of $10,000 by the Victorian Government, and the Federal Government’s Disaster Recovery Payments of $1000 per adult and $400 for children under 16.
Bendigo Bank customers are encouraged to speak to their local Branch Manager, Business Banking Manager, or Agribusiness Relationship Manager whenever it is safe to do so to receive support.
Customers can also contact Bendigo Bank’s Mortgage Help Centre on 1300 652 146 for additional information on financial hardship and applying for assistance, or visit www.bendigobank.com.au/help.
Bendigo Bank Insurance customers with a damaged home, rental building, car or other properties can also seek assistance in making a claim or getting advice by calling 13 24 80. More information on Bendigo Bank’s Assistance Package can be viewed by visiting https://www.bendigobank.com.au/support/natural-disasters/.
