Banks lined up to help out Fluffy homeowners

Share Canberra's trusted news:


CHIEF Minister Katy Gallagher says five key banks have offered their support for Mr Fluffy homeowners.

Members Equity Bank, Beyond Bank, National Australia Bank, Commonwealth Bank and Teachers Mutual Bank are among the first banks to advise the ACT Government they will be providing a compassionate response to homeowners impacted by loose fill asbestos insulation.

“I approached major financial institutions last month asking for a compassionate and responsive approach to this difficult situation in the ACT and the owners of the 1021 homes affected,” Katy said.

The five banks’ approaches differ, with measures in place including flexible loan arrangements and fee waivers, but all banks are putting in place Mr Fluffy relationship managers to offer special support to homeowners. The Asbestos Response Taskforce will next week provide homeowners with a formal letter outlining the buyback conditions and their eligibility that they can present to their bank.

Who Can You Trust?

In a world beleaguered by spin and confused messages, there's never been more need for diverse, trustworthy, independent journalism in Canberra.

Who can you trust? Well, for more than 25 years, "CityNews" has proudly been an independent, free, family-owned news magazine, serving the national capital with quality, integrity and authority. Through our weekly magazine and daily through our digital platforms, we constantly and reliably deliver high-quality and diverse opinion, news, arts, socials and lifestyle columns.

If you trust our work online and believe in the power of independent voices, I encourage you to make a small contribution.

Every dollar of support will be invested back into our journalism so we can continue to provide a valuably different view of what's happening around you and keep free.

Click here to make your donation and you will be supporting the future of journalism and media diversity in the ACT.

Thank you,

Ian Meikle, editor

Previous articleSunday’s triathlon cancelled
Next articleSuspicious fire in Narrabundah

Leave a Reply