Natural Disaster Support

Unfortunately NSW has been hit yet again with widespread persistent heavy rain. The weather is always easy to complain about but this is bloody ridiculous.

There have been hundred and hundreds of evacuation orders and many more warnings put in place. For so many this is not the first time it happened to them this year.

There have been and will be for quite a while impacts to residents and businesses both large and small .

Lots of the lenders have begun offering support and relief to borrowers. There is and will be more support from the NSW state government. Albo (our Prime Minister) flew over the affected areas and is announcing the Federal Government support.

All lenders are urging anyone affected to contact them as soon as possible should they require support. Our tip is to do this as soon as you get, get it noted on your file and get your bank on your side working with you.

Todays podcast is little overview of what the major banks have said they are offering, plus some details on the financial assistance that the government will be giving out. 

We also touch on how to get yourself some free Financial Counselling and what to do if the relationship with the bank starts falling apart.

Hang in there lovely people, you'll get through this.

Service NSW Financial assistance

Disaster payments, grants and financial assistance for people living in areas affected by severe storms and floods in NSW.

Services Australia:

If you’re directly affected by this declared disaster, we have lump sum payments and ongoing, short term allowances to help you. You may be eligible for more than one of these.

National Debt Helpline 1800 007 007

Financial counselling

Financial counsellors are skilled professionals who will guide you through your options and help you plan your way out of debt.