Move Life January 2022 - Issue 25

As we welcome a new year, our strong commitment to improving our members financial wellbeing has meant that we’ve continued to deliver across-the-board improvements and positive outcomes for our members, staff, and communities.

MOVE Bank’s 2021 AGM was held on 16 November 2021 and it was great to welcome members back for a face-to-face meeting.

Introducing the new MOVE Bank App!We’re excited to announce that we’re launching a new banking app!Designed with added features to improve member experience and increase functionality, the new MOVE

According to Energy Matters making your home energy efficient is good for your back pocket and the planet, but what actions can you take today to help you get started?

We want to say thank you to all members who took the time to complete our annual member survey last year. Your feedback is valuable and provides unique insights into what we’re doing well and where we can improve.

Since August 2021, scammers have been increasingly targeting Australians with a new type of scam known as ‘Flubot’. Flubot scammers are catching Australians out, so it’s important to learn how to identify when you’re being targeted and what to do next.

Small Switch, Big Impact We recently invited members still receiving paper statements to make the switch to eStatements and we’re thrilled with the response! As part of our ‘Opt In and Branch Out’

At MOVE Bank, we're committed to providing our members with competitive rates when it comes to our range of savings and loan products.

The Reserve Bank has recently announced a 0.25% reduction in the official cash rate.  MOVE Bank is pleased to announce that, from 1 June 2025, we will be passing on the full 0.25% reduction to our existing members with Variable Rate Home Loans.  We are committed to supporting our members and providing competitive rates to help you achieve your home ownership goals and we'll continue to review our rates for new lending. If you are interested in discussing your current home loan or interested in how MOVE Bank can support you as a new member, we encourage you to connect with one of our ​specialist lenders.

At MOVE Bank, we're committed to providing our members with competitive rates when it comes to both our deposit and loan products.We have updated the interest rates across several of our Term Deposits

In a significant move to assist first home buyers, the Queensland Government has passed legislation eliminating stamp duty for those purchasing new builds, effective from 1 May 2025. This change is part of the Revenue Legislation Amendment Bill, aiming to provide major cost-of-living relief and make homeownership more attainable.