Westpac has today announced it has established a Flood Support Fund of up to $10 million to provide emergency grants for customers and employees in flood-affected areas across New South Wales and South-East Queensland.
The Westpac Flood Support Fund will provide access to grants for customers and employees with significant damage to their home or business as a result of the recent severe weather events.
$5,000 re-open grants for businesses
Business customers can access grants of $5,000 to assist with the recovery and re-opening process, including repairing damage and helping with costs like the loss of equipment and stock.
$3,000 emergency grants for households
Employees and customers in flood-affected areas can access grants of $3,000 to help with costs for essential items and services.
“The recent severe weather events have impacted tens of thousands of residents, and caused devastation to homes, farms and businesses across New South Wales and Queensland,” said Chris de Bruin, Westpac Chief Executive Consumer and Business Banking.
“We are providing up to $10 million in funding to enable our customers and employees to access grants to assist them with purchasing items and services that will help them get through this challenging time.
“This is just the beginning of the long recovery process for many Australians. These grants give our impacted customers and employees one less thing to worry about as they start to get back on their feet,” he said.
Westpac has also extended its emergency assistance package to customers and businesses in flood-affected areas in South-East Queensland, in addition to the support announced for New South Wales residents over the weekend.