La Trobe Financial has announced that it has extended its Flood Disaster Relief Fund to assist customers impacted by the Victorian 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 homes have 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, “It has been a tough twelve months for many in Victoria, and I cannot imagine how these people affected by the recent violent storms and floods are feeling. These constant challenges that they are facing are a real test of spirit. However, we should never let this stop our Australian generosity and responsibility to care for others less fortunate. We will continue to look out for 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 may defer loan repayments, 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 Assist Team and hotline to help customers. Customers who have been affected should contact our team on 1800 620 639.
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 $5.6 billion in assets under management and 55,000 retail investors. La Trobe Financial has over 5,100 distribution points across its two growth engines. Wealth products are distributed through 1,600 advice practices and loans are distributed through 3,500 brokers. La Trobe Financial is 80% owned by Blackstone, one of the world’s leading investment firms with more than US$649 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 the Credit Fund, place RMBS issuances, and provide credit services.