[PODCAST] Daily Dose @ 5: BNM says waiving interest loans will have significant long-term impact, Sydney readies for more military support

AMONG the headlines for Friday, August 13, 2021, Bank Negara Governor Datuk Nor Shamsiah Mohd Yunus said, waiving the accrued interest payment on all individual and business loans will have significant long-term consequences for banks, especially when the interest income accounts for 80 pct of banks’ revenues.

Also, more defence personnel could begin patrolling Sydney from next week to help ensure compliance of lockdown rules as officials today warned of a surge in cases in Australia’s largest city.

The defence department said they have received a request for extra personnel to help support state police to enforce home-quarantine orders in the worst-affected suburbs.

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