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Banks lag Aussie parents on business loan relief

Payment deferrals in Australia not matched by three of four New Zealand subsidiaries.

Tim Hunter Wed, 01 Apr 2020

A business loan payment deferral scheme already offered by banks in Australia is not yet being made available by subsidiaries in New Zealand, although ANZ says it is being “worked on.”

On March 20, the Australian Banking Association announced a support plan allowing small businesses to defer

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Contact the Writer: thunter@nbr.co.nz
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Banks lag Aussie parents on business loan relief
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