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The Australian Securities and Investments Commission (ASIC) is urging Australians to do a quick and free search on ASIC's MoneySmart website to see if a share of $1.1 billion of unclaimed money is theirs.

'There are more than a million records of unclaimed money from dormant bank accounts, life insurance, shares and other investments waiting to be claimed and we're keen to reunite people with their money', said Peter Kell, ASIC's Deputy Chairman.

On 1 July 2017 big changes are coming to super. It’s important to understand what the new rules are – and how they will affect you. While the changes are wide-ranging, most relate to the super contributions cap. That is, how much you’re allowed to put into super to take advantage of the generous tax environment super offers.

Southern Cross Credit Union Home LoanAustralians are willing to switch home loans but believe the process is too painful, there’s too much paperwork and it’s not worth the effort.

These are some of the key findings of a national poll of 1000 Australians by BLACKMARKET Research on what drives competition in the banking market.

 

 

Tweed City 3Following a successful period of growth and expansion and the opening of its Corporate Service Centre in Kingscliff, Southern Cross Credit Union will soon open the first of their new Financial Service Centres in Tweed City. The opening continues their strategic investment in service channels to meet the changing needs of customers and the community.

The project team at SCCU, led by CEO Stuart Edwards, were guided by their belief in building and maintaining meaningful relationships with their customers.

“At a time when many financial institutions are working on delivering new branch concepts and digitising the in branch customer experience, we’re making a deliberate shift away from this to put one thing first – people.”

As part of our 50 year celebrations, Southern Cross Credit Union offered local community organisations the opportunity to apply for one of three $5,000 Community Grants. Winners were decided based on community votes and specific judging criteria. CEO Stuart Edwards was overwhelmed by the tremendous response.

“We received 52 applications from community groups and events throughout our region, attracting thousands of votes in branch and online. It was an extremely difficult task to select our three recipients as all applicants undertake extremely important work in our community. “

The recipients of the community grants are Liberation Larder for their Byron Festival Food Waste Project, Community Owned Renewable Energy Mullumbimby (COREM) to install solar panels on the Brunswick Valley Rescue building and Big Scrub Orchestra a dynamic creative arts education program for students at Dunoon and Whian Whian Public Schools.

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