As the coronavirus continues to affect the economy, CommBank, a Corporate Partner of MTA Queensland, are working around the clock to do their very best to support businesses.

The Commbank website is being regularly updated to keep all customers up to date with the latest information regarding assistance packages and how they can help you. This includes help with deferring loan repayments, credit card assistance and learning about the latest on the Australian Government’s changes to superannuation and pension payments. These resources can be accessed here: https://www.commbank.com.au/latest/coronavirus.html

Commonwealth Bank has also developed a Financial support guide to support all Australians through this difficult period. This guide is regularly updated and makes it easy for customers to find out what options are available at this time.

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Commonwealth Bank has approved more than $150 million in loans for small and medium businesses impacted by the COVID-19 pandemic under the Australian Government’s coronavirus SME Guarantee Scheme to more than 1,850 businesses across Australia.