News
For all media enquiries please contact:
Catherine Harris
Head of Corporate Affairs
CUA
Telephone: (02) 9391 8708
Mobile: 0439 746 405
Email: media.enquiries@cua.com.au
CUA cuts rates on Fixed Rate and Standard Variable Home Loan Products
04/05/2012
CUA, Australia’s largest customer-owned financial institution, today announced it will cut rates across both its Fixed and Variable Home Loan product suites. Read more...
CUA reports solid interim result; maintains secure financial position
13/03/2012
Credit Union Australia Ltd (CUA), Australia’s largest customer-owned financial institution, has today announced reportable net profit after tax (NPAT) of $24.6 million for the half year period ending 31 December 2011, down 5.5% on the previous corresponding period (pcp) (1H2011: $26.0 million). CUA’s underlying NPAT increased 10.9% to $24.0 million. Interest revenue grew 18.6% on pcp, however this was offset by an increase in net expenses (up 20.9%) due to ongoing investment as part of the business’s growth strategy. Read more...
Majority of mortgage holders looking to switch: New CUA research
01/03/2012
New research released today by CUA, Australia’s largest customer-owned financial institution, reveals that an overwhelming majority of Australians would abandon their mortgage provider for a more competitive rate, or if their current lender increased mortgage rates independently of the Reserve Bank of Australia (‘RBA’). Read more...
CUA makes re-entry into broker market
27/02/2012
CUA, Australia’s largest customer-owned financial institution, has today announced its re-entry to the broker market, specifically via Mortgage Choice and SmartLine, offering homebuyers across Australia even more convenient access to CUA’s competitive range of home loan products. Read more...
CUA bucks big-bank trend and holds variable rates
15/02/2012
CUA, Australia’s largest customer-owned financial institutions, has today confirmed it will not be increasing any of its Variable Home Loan rates in line with the Reserve Bank of Australia’s official announcement this month. Read more...
CUA slashes rates on Fixed Rate Home Loan product suite
08/02/2012
CUA, Australia’s largest customer-owned financial institution, has announced it will slash rates across its Fixed Rate Home Loan product suite, irrespective of the Reserve Bank of Australia’s (RBA) decision yesterday to leave the official cash rate unchanged. Read more...
CUA reduces standard variable rate by 25 basis points to 6.72%
09/12/2011
CUA, Australia’s largest customer-owned financial institution, today announced it will reduce its interest rate on all retail variable products, maintaining its 0.5% price discount to the average of the Big Four banks. Read more...
CUA ceases advertising on Austereo
27/11/2011
CUA does not support the comments made by Kyle Sandilands on his radio programme on Tuesday, 21 November 2011. Our advertising support has been withdrawn from Austereo and all of its programmes. Read more...
Australians positive about local economic prospects
08/11/2011
A renewed sense of optimism about the future of our economy is prevailing among Australians, according to new research out today from CUA. Almost six in ten (58%) Australians feel confident our economy will remain strong and stable over the coming year, with a similar percentage (61%) believing we will fare better than the US and Europe. Read more...
CUA agrees to terms with Cuscal as its wholesale payments provider
25/10/2011
Cuscal’s new payment capabilities to power CUA’s retail banking services. Read more...
