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NAB offers $2k grants to Cyclone Seroja victims

by Annie Kane10 minute read
NAB offers $2k grants to Cyclone Seroja victims

The big four bank is offering $2,000 grants to customers and staff affected by Tropical Cyclone Seroja in Western Australia.

As clean-up operations continue in Western Australia following Tropical Cyclone Seroja last week, NAB has expanded its relief support by offering $2,000 grants to impacted customers.

According to WA’s Department of Fire and Emergency Services, more than 1,050 buildings across 35,000 square kilometres have so far been identified as having some degree of damage, while 49 were destroyed.

Clean-up operations are underway across 13 affected local government areas, with damage recorded from the Shire of Northampton east through to the Shire of Merredin.

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Given the impact of the cyclone, NAB has said that it is offering the grants to help those who have suffered damage to their homes or businesses.

They aim to provide “ready access to funds” and to provide “immediate relief to business and agriculture customers who have suffered damage or losses”.

According to the major bank, the $2,000 grants can be used for:

  • covering costs such as temporary accommodation, food and clothing;
  • restarting or reopen and cover the cost of damaged property, equipment, fencing; and
  • for loss of stock or livestock.

NAB’s executive personal banking, Rachel Slade, noted that the scale of the cyclone was devastating for local communities, adding: “Our $2,000 grants are aimed at providing immediate support to help those who have suffered damage to homes and businesses or tragically lost livestock.

“We know it is vital for us to be there for our customers and colleagues right now, but we also know we have a role to play in the long-term recovery as well.”

The grants follow on from a range of relief packages announced by all four major banks immediately after the cyclone hit last week.

[Related: Government extends loan scheme to flood-hit SMEs]

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AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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