This is how we’re supporting our eligible customers:
- Restructuring options to support home loan customers including:
- Available to both Principal & Interest and Interest Only residential home loans and residential investment home loans
Deferring of loan repayments for two 3 month periods which, after review, may then be extended for another 4 months, subject to credit assessment
- Interest will be capitalised and the term of the loan extended
- Converting Principal & Interest residential home loan or investment home loan repayment obligations to Interest Only for up to 12 months.
- Waiving fees for the restructuring or consolidation of loans
- Waiving interest rate reductions/penalties for early withdrawal of term deposits prior to maturity.
Please note that the support outlined above is only applicable for existing members.