As the clean-up from Cyclone Debbie continues, new financial support is on offer to people on low incomes who are still dealing with the aftermath of the devastating storm.
A one-off $400 subsidy is being made available to new or current No Interest Loan Scheme (NILS) clients who need to replace household appliances or whitegoods.
Good Shepherd Microfinance Chief Operating Officer, Lisa Carroll, said the subsidies, funded by a $100,000 donation from NAB, would help get life back to normal.
“When you’re already in a precarious financial position, a major disaster like Cyclone Debbie can cause serious, long-term money worries,” Ms Carroll said.
“This support will help hundreds of people replace essential items such as fridges and washing machines.”
Eight weeks after the category four cyclone hit north Queensland, causing significant damage and flooding in coastal regions and the New South Wales northern rivers, about 670 houses have been condemned as uninhabitable. The damage bill is expected to top $2 billion.
NAB Head of Financial Inclusion, Elliot Anderson, said the subsidy would offer some reprieve while the recovery goes on in flood and cyclone-affected areas.
“Over the past couple of months, our specially trained NAB Assist staff have been helping customers access financial relief, counselling and other support,” Mr Anderson said.
The NILS program offers people on low incomes no interest loans up to $1,200 to pay for essential household goods and services.
NILS clients can access the Good2GoNow program, offered in partnership with The Good Guys, for the best priced energy efficient whitegoods, home appliances and computers.
For more information visit good2gonow.com.au.