La Trobe Financial has announced that it has established a Flood Disaster Relief Fund to assist customers affected by the NSW & QLD floods.
The $1 million fund has been designed to assist our customers as they deal with the crisis in what has already been a stressful last twelve months. Eligible customers whose home has been impacted by the floods will be able to access $2,000 grants for the purpose of clothing, food and temporary accommodation.
La Trobe Financial’s President & CEO, Greg O’Neill OAM commented, “I cannot imagine how these people are feeling. We have just come out of bushfires and COVID-19 and to be confronted by these floods is a real test to their Australian spirit. However, we will stand together with all of our customers and support those most in need and help them rebuild their lives as quickly as possible.”
In addition, for customers who are experiencing financial hardship as a result of their home being impacted by the floods, La Trobe Financial can defer loan repayments for up to four (4) months, reduce mortgage repayment arrangements or provide
temporary interest only payment terms. La Trobe Financial can also make it easier for customers to access their investments in the La Trobe Australian Credit Fund.
La Trobe Financial has a dedicated Hardship Help Team and hotline to help customers. Customers who have been affected should contact our team on 1800 620 639.
For further details please visit our website www.latrobefinancial.com.au/borrowers/hardship.
About La Trobe Financial
Established in 1952 and with $12 billion of assets under management, La Trobe Financial is one of Australia’s leading diversified wealth managers, specialising in funding and investment solutions. La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors, operating Australia’s largest retail Credit Fund with $5.54 billion in assets under management and 55,000 retail investors. It is 80% owned by Blackstone, one of the world’s leading investment firms with more than US$619 billion of assets under management worldwide, and 20% owned by management.
La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL to operate and place RMBS issuances.
Caterina Nesci, Director of International Partnerships & ESG on +61 422 270 474