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Australians can once again freeze their home loans, as the banks try to avoid a wave of lockdown defaults


Banks are trying to stop a wave of mortgage delinquencies as workers bear the brunt of lockdowns. (James D. Morgan, Getty Images)
Australian banks have restarted their loan deferral programs, enabling borrowers to put off their repayments during the most recent lockdown.
Impacted mortgage holders can now pause and reduce repayments or restructure their loans are part of a new relief program, while businesses will be presented with additional options.
The three local government areas (LGA) at the heart of Sydney’s latest outbreak were already the most behind on their mortgages prior to the latest restrictions.
Australia’s banks have again been forced to freeze home loans for those who need it, just three months after they declared a victorious end to the 12-month program. ....

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Removalists who 'travelled all over regional NSW despite knowing they had Covid' face jail


Three removalists who allegedly knew they were infected with coronavirus before they drove out of southwest Sydney and visited towns in NSW could be jailed for six months.
The men aged 20, 27 and 27 allegedly travelled from West Hoxton in the Covid-ravaged Liverpool Local Government Area to Figtree in Wollongong, before stopping at several towns on their way to Molong, in the state s central west.
Police caught up with the trio on Speedy Street in Molong at about 2.30pm on Friday after being notified that they had travelled from a Covid hotspot. 
NSW Police Deputy Commissioner Gary Worboys said they had been charged and face six months in jail and fines of $11,000 each.  ....

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NSW latest Covid-19 update as at 4 July


2,377,391
Of today’s 16 new locally acquired cases, 13 were in isolation throughout their infectious periods and one case was in isolation for part of their infectious period. Two cases were infectious in the community.
Three of today’s new cases – a woman in her 80s, a man in his 80s, and a man in his 90s – are residents of the SummitCare Baulkham Hills aged care facility.
All three are fully vaccinated, but out of an abundance of caution, they have been offered transfer to Westmead Hospital for observation. No further residents have tested positive to date.
These three cases were identified following investigation and testing of contacts of a previously reported case in a healthcare worker. Two of this person’s social contacts, who are aged care workers, became infected and worked at SummitCare Baulkham Hills while infectious. ....

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