90+ day arrears and COVID assistance package are two different things. Arrears are customers that are 90+ days behind on repayments and wouldn’t have an arrangement in place, COVID assistance is an arrangement that WZR has in place with the customer to defer repayments for a specified amount of time which also means that during this time they won’t be reported as being in arrears. My guess is the timeframe for Covid assistance would be up to 6 months from date of deferral being applied but don’t think I’ve seen it confirmed anywhere.
Even if you say everyone still on a COVID deferral as at 31/12 ends up being in arrears, the total is 1.5% of the book in arrears which would still be excellent. For comparison, MME has a rolling charge off of 4%. Where MME has us covered right now is their revenue for the qtr was $11.7m vs our $5.9m
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2.5¢ |
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Mkt cap ! $34.87M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $5.034K | 199.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2006482 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 85000 | 1 |
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| Last trade - 15.17pm 04/07/2025 (20 minute delay) ? |
| WZR (ASX) Chart |