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NSW Treasurer Dominic Perrottet has unveiled a budget “that builds for the next generation” in his budget speech on 20 June 2017.

This year’s budget is said to prioritise investment in the “trifecta” of infrastructure, healthcare and hospitals, as well as education, however, a review of the budgeted spending shows that infrastructure is the key focus of this budget.

In good news for home buyers, the budget also includes significant savings on taxes related to purchasing property as part of the NSW government’s ‘First Home – New Home’ scheme, designed to address housing affordability.

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.”

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