In the July edition of your member benefits update we delve into the issue of record low rates and what that really means for you, we look at managing investment risk, there is a proposed ‘overhaul’ of the super system that the new Morrison government is considering, APHEDA-Union Aid Abroad announce their raffle winners, we have some great deals on movie tickets and you could win a $100 WISH gift card in our monthly competition!
Member Benefits Update July 2019
Photo: Raphael, a USU member from NSW, is proud to be union. Read his story and other union members’ stories on our Facebook page
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Record low rates: what it means for youIndustry super fund-owned bank ME looks at how to navigate today’s super low cash rate environment. July 2019 saw history in the making when the Reserve Bank of Australia (RBA) cut 0.25% off the official cash rate for the second time in two months, taking it down from 1.25% to 1.00%. It’s the lowest cash rate ever recorded by the RBA, and it has the potential to affect your money health. |
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Managing investment risk in uncertain timesifsinvest is an online investment platform brought to you by Industry Fund Services (IFS), which is owned by 27 major industry super funds. ifsinvest is not a super fund – it’s been designed for members who have investment needs outside of super. For example, for those who have retired, and can no longer contribute to super, or those who have reached the concessional contributions cap and it’s no longer tax effective to contribute to super. |
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Super changes must put working people firstThe ACTU has welcomed the Morrison Government’s commitment to end their “culture wars” against industry funds and calls on their legislative priorities for superannuation to put members’ interests first. Assistant Minister Jane Hume told Nine newspapers the Morrison Government is considering an overhaul of the sector to be completed by 2021. ACTU Assistant Secretary Scott Connolly said, “I’m glad that the Assistant Minister has promised to end the ‘culture wars’ her party has been waging against industry super to address universally-held concerns for the health of our retirement income system.” |
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Fast and secure international money transfersWhether you’re supporting family abroad or conducting global business, OFX can help you save money with excellent exchange rates and OFX fee free* transfers for union members. As an international payment platform, OFX offers 24/7 customer support and competitive exchange rates in 55 currencies. Visit your Australian Unions Member Benefits website now to register and login or call 1300 853 352 for more information. *Minimum transfer AUD$250. Third party fees may apply. OzForex Limited trading as “OFX”. ABN 65 092 375 703 | AFSL 226 484. Read our PDS and FSG at OFX.com |
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Great deals on movie tickets these school holidaysWant to get a great deal on movie tickets these school holidays? Union members can make big savings on movie tickets by using our movie vouchers. Union members check out all the great benefits including movie vouchers by clicking on the Movie Tickets image to the left or visit our secure website here. Remember if you haven’t already registered for the program, hit the ‘Register‘ button and input your details to access all the exclusive union member deals. |
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Want to work for the union movement?There are some terrific union roles currently listed on the ACTU Job Vacancies web page. A variety of positions are available from Organiser and Lead Advocate roles to Campaign Manager, training roles and everything in between. So if you’re in the market for a great union job see what’s on offer today. |
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 Photo: Mark Morey, Secretary of Unions NSW draws the raffle winners |
2019 APHEDA raffle winners announcedThe Union Aid Abroad – APHEDA raffle for 2019 was drawn at the Trades Hall Auditorium in Sydney on Thursday 6 June, 2019. Thanks to Unions NSW Secretary, Mark Morey, for drawing the winning tickets. Congratulations to everyone who supported the 2019 APHEDA Raffle. You are all winners for standing with workers around the world striving for justice and safe and decent work. Of course, a special congratulations to the three winners from the barrel. 1st prize – $8,000 travel voucher: G South NSW 2nd prize – Gazelle CitiZen Bicycle: J Thorburn NSW 3rd prize – $500 Gleebooks’ voucher: A Morgan VIC Booksellers prize: J Kerbel NSW |
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WIN a $100 WISH gift cardEnter the draw to win a $100 WISH gift card that we are giving away to one lucky union member this month. You can use the WISH gift card at all Woolies stores and their subsidiaries such as Big W, Dan Murphy’s, Caltex and BWS. Best of all, there is no expiry date! To go in the draw simply email [email protected] with your name, address, union name and membership number before close of business Friday 26th July 2019. |
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The team at Australian Unions {{broadcaster.name}}
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Member Benefits Update July 2019