Banks promise to help customers after Government stimulus packages end in September

Australia's major banks have assured the Morrison government they will continue supporting customers affected by the coronavirus pandemic.

Prime Minister Scott Morrison and Treasurer Josh Frydenberg met with the banks on Friday amid growing concerns about the economic impact from a suite of support measures coming to an end in September. These include wage subsidies and extra unemployment benefits, as well as mortgage relief through six-month deferred loan repayments.Treasurer Josh Frydenberg and Prime Minister Scott Morrison met with bank CEOs yesterday.

"The banks were very clear. They supported their customers on the way in to this crisis and they will be supporting their customers on the way out," Mr Frydenberg told reporters in Melbourne on Saturday. He said the banks are working with the regulators for an orderly transition so that those who can start making repayments do so, and those who cannot get the additional support they need.Related

by supporting they mean ripping off

So they should with all the money they have made us ..... ripping people off with fees for this and fees for that ......

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