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Yesterday the Treasurer met with the CEOs of ANZ, NAB, Westpac and the Commonwealth Bank who agreed to bolster their efforts to prioritise any business needing funding to bridge the gap until the first JobKeeper payments are made in May.

It was agreed special hotlines would be set up to help manage the applications from businesses. Banks would also bring JobKeeper-related applications to the front of the queue and work with the ATO to accelerate the assessment process.