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The interest rate rise of 0.5 percentage points, which brings the cash rate to 1.85 per cent, announced on Tuesday by the Reserve Bank of Australia will worsen the cost-of-living crisis for workers.
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.
https://www.australianunions.org.au/2019/07/04/member-benefits-update-july-2019/
Industry super fund-owned bank ME looks at how to navigate today’s super low cash rate environment.
https://www.australianunions.org.au/2019/07/03/record-low-rates-what-it-means-for-you/
Rising cost of necessities, low wage growth and future rate rises all causing financial stress.
https://www.australianunions.org.au/2017/08/01/what-is-causing-us-financial-stress/
Interest rates have fallen steadily over the past six years but the tide may be turning, making now the time to be rate rise ready.
https://www.australianunions.org.au/2017/02/10/five-steps-to-be-rate-rise-ready/
When 1 July ticks over try our five simple steps to get your finances in great shape for the 12 months ahead.
https://www.australianunions.org.au/2016/05/30/new-financial-year-money-makeover/
One in two Australians are struggling with credit card debt.
https://www.australianunions.org.au/2015/09/01/exit-the-credit-roundabout/
In today’s competitive lending market, borrowers hold the trump card.
https://www.australianunions.org.au/2014/11/26/the-perfect-storm-for-home-owners/
Wafer thin fixed rates could be taking pressure off the Reserve Bank to deliver further rate cuts.
https://www.australianunions.org.au/2014/10/31/fixed-rates-plunge-below-5/
Unfair rostering disadvantages workers in insecure work: unions are calling for for roster justice.
