In mid-January, Westpac released its Bushfire Recovery Support Package to supercharge its response to the crisis. This involved paying customers’ home loans which has helped more than 820 customers and provided almost $230 million in assistance. They provided interest free home loans, extended relief to firefighters and supported volunteer efforts with uncapped paid leave.
They helped 1,653 customers whose properties had been damaged or destroyed with grants up to $2,000 each totalling $2.64 million. As St George customer Lyn Grey at Lake Conjola said “$2,000 is a lot when you’ve got nothing’’.
Westpac also assisted 119 business owners with grants of up to $15,000 each, totalling $1.46 million. The group provided hundreds of thousands of dollars in donations and support to community groups including $500,000 to Financial Counselling Australia to help people get back on their feet and $20,000 to the Port Macquarie Koala Hospital.
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