Supporting ACT homeowners affected by ‘Mr Fluffy’

One of the nation’s largest customer-owned banks, Beyond Bank Australia, is working closely with Chief Minister Katy Gallagher’s office to support homeowners in the ACT affected by the ‘Mr Fluffy’ loose fill asbestos insulation.

To assist, Beyond Bank Australia will offer those who join the buyback scheme loans using the existing ‘Mr Fluffy’ property as security. Additionally, it will waive any upfront fees and charges associated with the loan.

Beyond Bank Chief Executive Officer, Robert Keogh, says his thoughts are with all residents, their families and friends, affected by the ‘Mr Fluffy’ loose fill asbestos tragedy.

"As a fellow resident of Canberra I am well aware of the terrible legacy ‘Mr Fluffy’ has left this city," Mr Keogh said. "Beyond Bank understands this is an uncertain time for affected homeowners and they would like quick solutions. Our advice is the sooner you can join the buyback; the sooner you can start looking for a new home.

"We want to make sure that Beyond Bank Australia customers know we are here to help if they have been affected by ’Mr Fluffy’ home insulation, and to come and talk to us if they are concerned about their financial situation by visiting one of our local branches in the ACT or calling us on 13 25 85."

To date, more than 400 households have already registered for valuations as part of the ACT Government’s $1 billion buyback and demolition program with the government continuing to provide a range of support as well as emergency assistance of up to $10,000 to affected homeowners and tenants.