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Australian Banking Association CEO Anna Bligh (AAP Image/Mick Tsikas). Small businesses affected by lockdowns should soon be able to access three-month loan repayment deferrals after the Australian Banking Association (ABA) announced a national support package. The ABA announced the support package on Thursday, saying it will be available to small business and home loan customers that are “significantly” affected by current lockdowns or recovering from recent lockdowns regardless of geography or industry. The ABA is made up of 22 member banks, including the big four and other major banks operating in Australia. The support includes up to three-month repayment deferrals for business loans offered to small business customers that borrow less than $3 million and have a turnover of less than $5 million. This includes up to 98% of small businesses.

New south walesMick tsikasAnna blighAustralian banking associationConsumer commissionCash depositsFarm management depositAustralian competitionபுதியது தெற்கு வேல்ஸ்அண்ணா பிலிக்ஆஸ்திரேலிய வங்கி சங்கம்நுகர்வோர் தரகுபணம் வைப்புபண்ணை மேலாண்மை வைப்புஆஸ்திரேலிய போட்டி