Australians who have lost their job because of lockdowns can ask their bank for a mortgage holiday.
Construction workers in Sydney have been banned from going to a building site since Monday, while non-essential shops have stopped trading since Saturday.
Melbourne is extending its lockdown on Tuesday beyond the initial five days, with non-critical retailers also barred from opening.
Professional services firm KPMG is now calculating Sydney s stricter lockdown will cost $1.5billion a week - more than double Treasury s estimate of $700million for the earlier, more moderate lockdown that had allowed all shops to trade.
Small business owners and workers with a mortgage can ask their bank for a loan repayment holiday as they were able to in March 2020 during the national Covid lockdowns.
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Australia s biggest home lender is promising no one will be evicted from their home until February 2022 as lockdowns in Sydney and Melbourne shut down workplaces.
The Commonwealth Bank made the announcement as construction sites across greater Sydney, Wollongong, the Central Coast and the Blue Mountains were banned on Monday from doing any work until at least July 30.
Chief executive Matt Comyn declared the bank would have a moratorium on foreclosures until at least February 2022, after three weeks of lockdowns failed to bring down daily Covid case numbers. We believe extending our freeze on any foreclosures will give those customers who are again impacted by COVID-19 more time to get back on their feet, and reassurance that they can remain in their home this Christmas and into next year, he said.
10.45am – 10.55am
Please check the NSW Government website regularly, as the list of venues of concern and relevant health advice are being updated as investigations continue.
Anyone with even the mildest of cold-like symptoms is urged to immediately come forward for testing and isolate until a negative result is received.
There are more than 400 COVID-19 testing locations across NSW, many of which are open seven days a week. To find your nearest clinic visit COVID-19 testing clinics or contact your GP.
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Sydney is plunged into harder lockdown with only critical retail allowed to stay open as 810,000 are told they can t leave their suburbs for ANY reason and all construction is banned for at least two weeks after 111 new Covid cases and one death
NSW had 111 new cases, including 1 death and 29 infectious in the community
From midnight Saturday, all Greater Sydney residents must always carry a mask
Facemasks must be worn to work outdoors, and even queue for food or coffee
Fairfield, Canterbury-Bankstown and Liverpool residents can t leave their LGA
The only exceptions are for emergency, healthcare or aged care workers
All stores closed except for critical retail including supermarkets and chemists