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Lodging your tax return – COVID-19 Edition

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As many of us would already know, lodging your tax return at the end of this financial year may be different compared to previous years. COVID-19 has resulted in many disruptions in the workplace causing some companies to relocate their staff to work from home. The Australian Taxation Office (ATO) has recognised this and has implemented a different method to claim some of your expenses this year.

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Verified by Visa Changes to Visa Secure

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Visa recently enhanced its security for online purchases making the experience more seamless and easier while protecting Visa card users from fraud. Along with these enhancements, Visa has rebranded the name from Verified by Visa to Visa Secure.

Visa Secure is a free service available to all Members who are making online purchases with their Unity Bank Visa card. It provides an additional layer of protection for online purchases from participating retailers.

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Savings Interest Rate Changes effective 1 June 2020

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We are reducing interest rates for our Bonus Saver Account (S7) by 0.10% to 1.00% (inclusive of the base rate plus bonus rate).

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Spear Phishing: What is it and how to protect yourself.

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Cybercriminals are once again working hard to take advantage of the COVID-19 situation through new phishing campaigns. Most recently, a wide range of political and private-sector organisations in Australia have come under cyber-attack by a “sophisticated state-based cyber actor”. This phishing tactic is called spear phishing.

Read more: Spear Phishing: What is it and how to protect yourself.

 

Director Nominations

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Nominations for candidates for the 2020 Election of Directors open 6 July 2020 and close at 4pm (Sydney local time) 27 July 2020.

The current terms of Mick Doleman and Garry Keane are due to expire and both have indicated their intention to restand. If you would like to receive a Director Nomination Pack, please advise your local branch or contact our Call Centre on 1300 36 2000.

Please note that nominees are required to fully comply with APRA Fit and Proper and Banking Executive Accountability Regime standards and are subject to criminal and bankruptcy checks, etc.

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Always Be On The Lookout To Avoid Scams

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Smiley face As your Mutual Bank, we strive to educate and operate vigilantly to prevent our Members from falling victims to scams or frauds. In the past few years, we have advised Members about different types of scams. The latest scam is where the caller identifies themselves as a representative of the "Fraud Department", "Visa Fraud Monitoring Team" or "Fraud team in Collins Street Melbourne" to coerce Members to provide their personal information, card number and transactional data.

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A Commitment Worth Its Length In Gold

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1970: It was a very good year.

A hundred and twenty seven runners came together for the very first New York Marathon. 334 passengers and 18 crew came together for the first commercial flight on the world’s first 747 jumbo jet. 600,000 people came together for an incredible rock experience on the Isle of Wight.

Read more: A Commitment Worth Its Length In Gold