NAB Disaster Relief Fund
OverviewThis program aims to help people affected by bushfires across Australia. It seeks to provide immediate relief to business and agriculture customers and support longer-term recovery and rebuilding efforts in communities.
The fund will also be used to provide ongoing support during the rest of the year, as the scale of the impact of these natural disasters on people and businesses becomes clearer.
Grants of up to $2,000 are available per:
- Household (a household is defined as an address).
- Business or one grant per customer.
A total funding pool of $4 million is available.
Eligible applicants must:
1. For loss of home
- Be a current customer or employee of NAB. Customers need to have banked with NAB on or before 2 January 2020 and hold at least one active account.
- Have lost their primary place of residence during the current bushfire season (rent or own) – meaning that the property is no longer in a liveable condition.
2. For business grant
- A current NAB customer with a NAB business trading/transaction account, with the business currently in operation.
- Have suffered significant damage to, or destruction of, income-producing assets as a result of the bushfires. This could include premises, equipment and loss of stock or livestock.
Eligible costs include:
- Temporary accommodation.
- Food and clothing.
- Damaged property, equipment, fencing.
- Loss of stock or livestock.
The grant is not intended for loss of income as a result of impact to cashflow due to the bushfires.
- Start-up
- Research & Development
- Marketing
- Export
- Business Support
| Documentation | Uploaded | ||
| Media Release | 2020-01-08 | Download | |
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