16 January 2020

La Trobe Financial establishes Disaster Relief Package to support impacted customers
La Trobe Financial has announced that it has established a Disaster Relief Package to assist customers affected by the bushfires.

 For customers who have lost their homes to the bushfires, La Trobe Financial will pay loan interest and charges for twelve months, provide access to interest-free loans to help cover any gap between insurance payouts and the cost of rebuilding, and allow fee-free withdrawals from investments in the La Trobe Australian Credit Fund.

For other customers experiencing hardship because of the bushfires, La Trobe Financial will defer loan repayments for up to twelve months, help with finance on discounted terms to cover property repair costs or support a small business, and make it easier to access investments in the La Trobe Australian Credit Fund without incurring fees.

For customers who are volunteer firefighters, La Trobe Financial will also offer financial help including deferral of home loan repayments for up to 6 months.

The Disaster Relief Package is in addition to La Trobe Financial’s recent $1 million donation to assist people affected by the bushfires across Australia. The donation was split between The Salvation Army Disaster Appeal and the Australian Red Cross Disaster Relief and Recovery Fund.

La Trobe Financial President & CEO Greg O’Neill OAM says: “true to our philosophy of others before self, we are determined to look out for our customers and offer meaningful support to those affected through this very challenging time.”

For La Trobe Financial customers impacted by the bushfires, please call our Helpline on 1800 620 639 to find out if you are eligible for the Disaster Relief Package.

About La Trobe Financial

With A$12 billion of assets under management, La Trobe Financial is one of Australia’s leading diversified wealth managers, specialising in funding and investment solutions. Since 1952, 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 billion in assets under management and 50,000 retail investors. It is 80% owned by Blackstone, the world’s largest alternative asset manager, with more than US$649 billion of assets under management worldwide.

La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL licences to operate and place RMBS issuances.

For further details please visit our website www.latrobefinancial.com.