{"id":12076,"date":"2021-07-09T04:11:39","date_gmt":"2021-07-09T04:11:39","guid":{"rendered":"http:\/\/www.16news.com.au\/?p=12076"},"modified":"2021-07-09T04:11:39","modified_gmt":"2021-07-09T04:11:39","slug":"nsw-government-welcomes-banking-industry-support-for-businesses-and-individuals-impacted-by-covid-19","status":"publish","type":"post","link":"http:\/\/www.16news.com.au\/index.php\/2021\/07\/09\/nsw-government-welcomes-banking-industry-support-for-businesses-and-individuals-impacted-by-covid-19\/","title":{"rendered":"NSW Government welcomes banking industry support for businesses and individuals impacted by COVID-19"},"content":{"rendered":"<p>NSW Premier Gladys Berejiklian and Treasurer Dominic Perrottet today welcomed a package of measures announced by the Australian Banking Association (ABA) to support small businesses and homeowners affected by COVID-19 lockdowns.<br \/>\nThe ABA package is aimed at helping eligible customers significantly impacted by restrictions, and includes up to three-month repayment deferrals for small businesses, refunds of merchant terminal fees for up to three months and loan deferrals on a month-by-month basis for eligible homeowners and small business customers.<br \/>\n\u201cThis is a vital step by the banking industry and a strong show of support for businesses and homeowners during a particularly tough period,\u201d Ms Berejiklian said.<br \/>\n\u201cIt will help give peace of mind to many and shows that the banks are willing to work with people who are doing it tough and help find solutions.\u201d<br \/>\nThe ABA represents Australia\u2019s largest financial institutions and it estimates the package may cover to up 98 percent of small businesses across the country.<br \/>\n\u201cThe banking industry recognises that keeping businesses in business, people in jobs and in their own homes is vital to the economy and our future,\u201d Mr Perrottet said.<br \/>\n\u201cGovernment, business and the community must all work together and the banks have acted quickly and shown leadership and a strong commitment to help.\u201d<br \/>\nMr Perrottet said the NSW Government continued to work with the broader business community to identify areas that most needed help, and would continue to build on the COVID-19 support package, which is worth up to $1.4 billion, announced last week.<br \/>\nThe Government\u2019s package includes support grants of between $5000 and $10,000 for eligible businesses impacted by the recent restrictions. Applications will open later in July. More information on eligibility criteria is available\u00a0<a href=\"https:\/\/www.service.nsw.gov.au\/campaign\/covid-19-help-small-businesses\/grants-loans-and-financial-assistance#covid-19-business-support-grants\">here<\/a>.<br \/>\nMore information on the ABA\u2019s package of measures \u2013 which is subject to re-authorisation by the ACCC &#8211; is available\u00a0<a href=\"https:\/\/www.ausbanking.org.au\/australian-banks-offer-covid-19-customer-relief\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NSW Premier Gladys Berejiklian and Treasurer Dominic Perrottet today welcomed a package of measures announced by the Australian Banking Association (ABA) to support small businesses and homeowners affected by COVID-19 lockdowns. The ABA package is aimed at helping eligible customers significantly impacted by restrictions, and includes up to three-month repayment deferrals for small businesses, refunds &hellip; <a href=\"http:\/\/www.16news.com.au\/index.php\/2021\/07\/09\/nsw-government-welcomes-banking-industry-support-for-businesses-and-individuals-impacted-by-covid-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NSW Government welcomes banking industry support for businesses and individuals impacted by COVID-19&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-12076","post","type-post","status-publish","format-standard","hentry","category-nswnews"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=12076"}],"version-history":[{"count":0,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/12076\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=12076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=12076"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=12076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}