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Cash rate remains on hold for October 2017

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Wednesday, 04 October 2017 13:24

Interest Rate remains at 1.50% in October

The Reserve Bank of Australia has kept the official cash rate on hold at 1.5 per cent in October. This marks thirteen consecutive meetings that have seen the historic low cash rate remain on hold, with the last movement being a 25 basis point rate cut in August 2016.

Read more: Cash rate remains on hold for October 2017

 

Update to our smartPAY App 28 Sept 2017

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Wednesday, 06 September 2017 16:38

The Tap & Pay feature within our smartPAY app is being switched off on 28 September 2017.

Read more: Update to our smartPAY App 28 Sept 2017

 

CEO Update 30 June 2017

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Friday, 30 June 2017 12:39

CEO Update

They say times are always changing and that has certainly never been truer than now for Northern Inland as a business. It is an exciting and challenging time for financial institutions, with the rapid advances in digital banking offerings and increasing expectations from the public to embrace these.  New industry wide regulations from the banking regulator APRA have also caused the landscape to change with respect to loan offerings, whereby investor and interest only lending now have some restrictions applied to them.  Despite this, and due to our strong relationships with Members, Northern Inland continues to grow steadily with total outstanding loans exceeding $210 million. Total assets will finish the financial year around $265 million.

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Introducing Osko

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Monday, 15 May 2017 10:44

In the near future, Northern Inland Members will be able to make quick and easy real-time payments thanks to Australia's New Payments Platform.

You won't need to worry about your BSB and Account number. With your unique PayID, you will find yourself saying to friends, family and businesses - 'I'll Osko it to you'.

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Federal Budget 2017/18

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Thursday, 11 May 2017 16:09

On Tuesday 9 May, the government handed down the Federal Budget.

Bridges Financial Services have released a budget summary to help explain how the Budget may affect you.

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