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Update to our smartPAY App 28/9/17

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

Read more: Update to our smartPAY App 28/9/17

   

Bank@Post temporary changes

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Australia Post have temporarily suspended the ability to perform an in-store Bank@Post deposit via EFTPOS from 27/7/2017. Customers will still be able to use all of the features of their Bank@Post service, but will require a deposit slip to be completed to make cash or cheque deposits, instead of simply swiping their card.

   

SMS Phishing Scam Alert 11 July 2017

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Stay Smart Online has recently received several reports of SMS phishing scams impersonating Australian banks. Read the full article here.

Read more: SMS Phishing Scam Alert 11 July 2017

   

CEO Update 30 June 2017

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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.

Read more: CEO Update 30 June 2017

   

2017/18 Federal Budget summary

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What is the Federal Budget?

Presented annually, on the second Tuesday of May, the Federal Budget explains to the Australian public how the government intends to manage the nation’s finances. It outlines how they plan to tax and spend not only during the next financial year but into the future as well. Just like a personal or household budget, the Federal Budget forecasts revenue and expenses to determine whether there is a surplus or deficit. It’s also a political statement setting out the Government’s intentions, priorities and new policy initiatives.

Read more: 2017/18 Federal Budget summary

   

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