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Interest Rate remains at 1.50% in October

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Written by Deepthi Satheesan

The Reserve Bank of Australia has kept the official cash rate on hold at 1.5 percent in October. This marks thirteen consecutive meetings that have seen the historic low cash rate remain on hold, with the last movement being a 25 basis point rate cut in August 2016.

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LCU wears yellow to support Daffodil Day 2017

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Every year LCU supports the Cancer Council’s Daffodil Day and sell merchandise to show our support for everyone affected by cancer.

For over 25 years, Daffodil Day has helped fund world class research, prevention programs and support services for cancer patients and their families. This year is no different and Cancer Council needs our support to continue to invest in research, prevention and support to help fight cancer.

Today, Friday the 25th we supported daffodil day by wearing yellow and selling merchandise in the village courtyard.

It’s not too late to purchase a daffodil merchandise from us we will be selling them until Friday 1st September!

For more information about Daffodil Day please visit www.daffodilday.com.au

Please help support the Cancer Council’s to defeat cancer and help those fighting this devastating disease.

“I hope there’s one day that cancer is just a zodiac sign” – Daffodil Day  


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Save the Fees! Shave the Fees! Trees not Fees!

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Here at LCU, we’ve always been concerned we do our utmost to make every change in our business practises a positive one for the environment. Not only do we want to do our part for the planet, but we also want to share the many benefits of these changes with our members.


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Cash Rate August 2017

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As expected, the Reserve Bank of Australia (RBA) has again left the official cash rate on hold at 1.5 per cent, marking one year since the last move. This decision comes ahead of the release of the bank’s Quarterly Statement on Monetary Policy (SoMP) this Friday.

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Big Changes to Super

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You may be aware that as of July 2017, there have been some big changes to Super. It’s important for you to understand what the new rules are and how they affect you.


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