Westpac Rolls Out Support for Clients Hit by Flooding in North Queensland

MT Newswires Live

2025/02/03

Westpac Banking (ASX:WBC, NZE:WBC) on Monday launched various measures to support customers affected by flooding in North Queensland, the lender said in a statement.

This includes payment deferment for home loan and credit card bills, insurance claims, and a halt on certain interest fees, the bank said. For businesses, clients may also apply for payment deferment and terminal fee refunds.

The company's shares were down almost 2% in recent Monday trade in Australia and 1% in New Zealand.

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