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Media Releases

 
First Home Scheme

CUA supports first homebuyers with $244 million of lending via government scheme

CUA is helping Australians achieve the dream of owning their first home with $244 million in home loans issued and in progress from the first round of the First Home Loan Deposit scheme (FHLDS), it revealed today.
Jun 29, 2020 | Found in: Financial Wellbeing, News, Life Stages, Home Loan, Media Release,
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Update on CUA’s agreement with Healthscope private hospitals

CUA Health is pleased to confirm that we've reached an in-principle agreement with the Healthscope Group of private hospitals, which we feel represents good value for our health insurance members.

Jun 10, 2020 | Found in: Financial Wellbeing, News, Health, Insurance, Media Release,
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Family looking at tablet

CUA unveils Financial Assistance Package to support members affected by COVID-19

Australia’s largest member-owned banking organisation, CUA, has announced a Financial Assistance Package to help support its members impacted by the COVID-19 situation.

Apr 02, 2020 | Found in: Financial Wellbeing, News, Health, Insurance, Media Release,
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Family in backyard

CUA Health delays premium increase as part of COVID-19 support package

CUA Health will delay its 1 April premium changes and cover a range of telehealth services for six months, as part of a broader package of financial relief measures for members in response to the COVID-19 pandemic.

Apr 02, 2020 | Found in: Financial Wellbeing, News, Health, Insurance, Media Release,
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CUA ‘member first’ investment strategy headlines half-year result

Solid member and balance sheet growth have underpinned CUA’s first-half financial results for FY20, off the back of a renewed strategic focus on growing transactional banking.

Mar 17, 2020 | Found in: News, Media Release,
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Lady reading on phone

Support for our members impacted by coronavirus (COVID-19)

The safety and wellbeing of our members and team members is of paramount importance to CUA. We are actively monitoring the coronavirus (COVID-19) situation and would like to reassure our members about the steps we are taking in response.

Mar 13, 2020 | Found in: News, Media Release,
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Couple in house

CUA to pass on RBA's 0.25% p.a. reduction across all variable home loan rates

Australia’s largest customer-owned banking organisation, CUA, will lower interest rates by 0.25% p.a. across its variable owner-occupied and investor home loans, following the Reserve Bank’s decision yesterday to reduce the official cash rate.

Mar 04, 2020 | Found in: News, Home Loan, Media Release,
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CUA awarded a place on Government’s first home buyer lending panel

Australia’s largest credit union, CUA, will play a leading role in helping more first home buyers step onto the property ladder sooner, after being appointed to the lending panel for the Australian Government’s First Home Loan Deposit Scheme.

Dec 12, 2019 | Found in: Financial Wellbeing, News, Home Loan, Media Release,
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Premium changes to deliver continued value and increased member benefits

CUA Health has today confirmed changes to its 2020 insurance premiums, highlighted by additional benefits and one of its lowest average increases over the past two decades.

Dec 07, 2019 | Found in: News, Health, Media Release,
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Older couple doing digital banking

Delivering a ‘Connected Future’ through digital and financial capability

  • Around 2.58 million Australians are not connected to the internet and many more lack the digital skills to fully participate in the online world.1
  • Residents of major cities are much more likely to have home internet access (88%) than those in remote areas (77%).1
  • Young people aged 15-17 have the highest proportion of internet use (98%), compared to older Australians aged 65 (55%).1
  • Just over half of all Australian consumers, and 79% of those aged 18-24, use a mobile banking app for most of their banking. But 50% of those aged 65+ say they would never use a mobile banking app.2
Dec 02, 2019 | Found in: News, Media Release,
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