From today Commonwealth Bank will accept applications for Bushfire Recovery Grants and has announced it expects to fund projects worth at least $10 million through the scheme.
CBA also announced that it would accept applications up to a new maximum of $50,000 per grant.
Commonwealth Bank Chief Executive Officer Matt Comyn said: “While firefighters, volunteers and other emergency workers continue to battle the fires that have destroyed so many towns around the country, we have increased the value of the grants program to assist these communities with the rebuilding process.
“CBA’s focus is on providing practical, on the ground support to provide immediate assistance to affected customers. Just as importantly, we want to support these communities to rebuild facilities and infrastructure, and that is what our grants program is designed to do.
“We have increased both the total value of grants and the value of each grant in response to expected demand.