Daily briefs: Banks extend relief

Australian Banking Association chief executive Anna Bligh

Australian Banking Association chief executive Anna Bligh advised that while banks would extend relief for customers still doing it tough, those who were able to repay their loans would be expected to resume doing so. Image credit: Peter Braig/AAP

Australian banks announced "phase two" of Covid-19 deferred loans, agreeing to extend deferrals by up to four months if needed.[.....]

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