JobKeeper Payment scheme - temporary funding assistance
A temporary overdraft facility to help cover employee wages and salaries while you await the JobKeeper Payment.
If you’re an existing Westpac customer, you may wish to enquire about a temporary increase to your existing overdraft or a new temporary overdraft to provide short-term relief whilst awaiting the Government’s JobKeeper payments. This product is a temporary overdraft facility. An overdraft facility is an ‘at call’ facility. What this means is that you will need to repay the facility when we ask (and we can ask for repayment at any time, even if there’s no event of default). For example, without limiting our rights, if your eligibility for the JobKeeper payment scheme changes, we may demand repayment of your temporary overdraft facility. This offer can only be obtained up until 27 September 2020, Westpac reserves the right to reprice, amend, extend or withdraw this offer at any time.
If you require funding for a different purpose, please refer to our other lending solutions.
Check your eligibility:
Are you an existing Westpac Customer?
Things you should know
1. We collect your personal and other information to respond to your enquiry and process your application. We may share the information we collect in this form with relevant Government regulatory bodies who require it, or to validate your JobKeeper information, including with the Australian Taxation Office. For more information about how we collect and use your personal information please read our Privacy Statement.