NAB has increased its bushfire assistance to $5 million, after pledging $1 million last week.
Of the amount, $4 million will be used to provide $2000 emergency relief grants to families and business owners affected by the fires and $1 million will be donated to the Australian Red Cross and other local organisations.
“People have tragically lost loved ones, homes, pets, livestock and livelihoods,” said NAB CEO Ross McEwan.
“We want to help those affected start to rebuild, with some immediate assistance to help our customers and colleagues deal with the impact – as well as support the long-term recovery effort.”
Read NAB’s full announcement.