Bank Repossession

The funding to provide nation-wide financial support services will include: expanding the availability of no-interest loans to buy essential household items like fridges and washing machines. extending matched-savings schemes to help more people develop and achieve long-term savings goals. These services are expected to benefit over 30,000 low-income Australians.   No Interest Loans   Low income earners who have been affected by the global financial crisis will be given help to get back on their feet through a $33 million Australian Government investment. These services are all crucial to helping low income households successfully manage their finances and develop financial capability. Today's funding announcement supports community organisations to continue to deliver much needed services at a time when their capacity to raise funds has been affected by the global economic downturn. NO INTEREST LOANS In partn...