News

Mortgage and Finance Industry Bushfire Relief fund continues to grow towards ultimate goal

The Mortgage and Finance Industry Bushfire Relief fund continues to grow as it approaches the half-way mark towards reaching its ultimate goal of $750,000.

Since September, bushfires have ravaged communities throughout Australia leading to a significant number of people being directly impacted or displaced. In response to this terrible disaster, the industry has pulled together showing tremendous generosity raising over $370,000 through the dedicated industry relief fund.

Many of our members and our staff have been impacted by the destruction and loss of life either directly or indirectly. It is therefore extremely important that we rally together as an industry to support and help them rebuild their lives and communities.

After launching a bushfire appeal via the Australian Red Cross which raised over $30,000 in a matter of days, Jeremy Fisher of 1st Street Financial joined with the industry associations to further harness resources and broaden the scope of the appeal.

As a result, thanks to overwhelming industry support and goodwill, the initial target of $100,000 has been revised upwards with new hopes of achieving $750,000 through the ‘Mortgage and Finance Industry Bushfire Relief’.

“Since launching the relief appeal, I have been humbled by the generosity our industry has shown to support those in need and help rebuild fire devastated communities,” Mr Fisher said.

“I am delighted to hand the baton over to further enhance the appeal’s reach and help more people through our combined efforts. After all, that’s what this is all about.”

“It gives us great pleasure to be able to leverage the outstanding work Jeremy Fisher and others have already done,” MFAA CEO Mike Felton said.

“Our objective is to enhance the appeal to broaden the scope of prospective contributors with the aim of maximising the amount of financial support we are able to provide the Australian Red Cross in support of the communities that have been devastated by this dreadful ongoing bushfire crisis. We encourage the industry to get behind the cause.”

To donate, as a business or an individual, please use the link below:

https://fundraise.redcross.org.au/fundraisers/mortgagebrokersaustralia/fundraise-for-disaster-relief-and-recovery

Thank you to Aussie, Loan Market, and Mortgage Choice who have shown their industry support for the community and the enhanced appeal with generous donations of $100,000 each. PLAN Australia, FAST, Choice and AFG have also donated to the Red Cross through the page.

We also acknowledge that many others within the industry have donated directly to their chosen charity.

To all our members, if you are feeling impacted by this devastation in any way, we urge you to call LifeLine on 13 11 14 or other similar services. In traumatic times like this self-care is not selfish.

We thank you in advance for your generosity.

The MFAA Team.

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