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Interest rate changes
Dear Members,
The Reserve Bank of Australia announced on 6 December 2011 that the Official Cash Interest Rate would decrease by 0.25% p.a.
Financial Planning Appointments
The following financial planning appointments are scheduled:
- February 17th 2012
- March 16th 2012
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April 20th 2012
Call the Credit Union on (08) 8204 3604. Read more
SECURITY UPDATE
You should take steps to enhance your computer’s security and to protect yourself against identity theft. Smart phones are just as susceptible to risk of fraudulent activity as home computers or laptops and you should follow the same security precautions.
How will the Budget affect you?
Wayne Swan has said that the 2011-12 Budget 'will get Australia back in the black, get more people in jobs and spread the opportunities of the mining boom to more Australians.' The Federal Treasurer hopes to achieve these goals by encouraging welfare recipients into the workforce and cutting tax concession and benefits for higher income earners.
Mutuals are the 5th pillar
The 5th Pillar: Credit unions and building societies can together form a competitive counterbalance to the concentrated power of the big banks.

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