Scams are a serious issue, and scammers are robbing everyday Australians of their wealth through sophisticated manipulation. Scamwatch data shows scammers stole $3.1 billion from Australians in 2022 alone. Escalating efforts are being made to address these crimes appropriately as fraudsters develop new ways to target vulnerable customers and con Australians out of their money. [...]
Over the Christmas and New Year season our branches will be trading on the following dates: The Essendon Branch will be closed on: Mon 25th Dec 2023 Christmas Day Tue 26th Dec 2023 Boxing Day Mon 1st Jan 2024 New Year's Day Holiday Mon 8th Jan 2024 Additional Ukrainian Christmas Holiday (Julian calendar) [...]
View Dnister's AGM Recording here > Dnister held its 64th Annual General Meeting on Sunday 5th November 2023 at Hyatt Place, Essendon Fields. The meeting was well-attended by Members and guests. Greetings from Ukrainian and Latvian Organisations and Community Groups were received acknowledging the support provided to them by Dnister. We thank them for [...]
As part of our commitment to the community and appetite for continued growth in line with our mission and vision, the wonderful team in Adelaide Branch will be able to service our Members Monday to Thursday from 9.30am till 3.30pm and on Fridays from 9.30am till 4.30pm. Our new extended branch hours will commence on [...]
Dnister had a unique opportunity to present at this year’s National Customer Owned Banking Association (COBA) conference ‘Leading with Purpose’, where around 1,000 fellow leaders in the financial sector came together for the three-day event in Queensland. Our Personal Banker, Solomiia Vozniak presented our Dnister and Ukrainian story, for the session ‘Service in Action: Elevating [...]
Buying a home for the first time can be challenging, especially with house prices soaring in recent years. So could switching from house hunting to unit searching be the way forward for you? There’s no denying that getting into the property market in today’s economic climate isn’t easy. The average Australian house price is now $725,000 [...]
The Reserve Bank (RBA) may have kept the cash rate on hold but that hasn’t stopped some lenders from hiking their variable home loan rates. Here’s how borrowers are fighting back. Homeowners may be celebrating two months of the RBA cash rate staying on hold. But don’t pop the champagne cork just yet. Mozo reports that some [...]
When buying property, it’s good to know the market value. After all, you want to know you’re paying a fair amount. But the property’s value is an important consideration for your lender too. And their valuation may be quite different. Just how much is a property worth? Well, it depends on who’s asking. When buying [...]
Australians are showering their homes with $1 billion worth of love each month as home improvement spending ramps up. We look at the cost of popular renovations – and how to foot the bill. Belts may be tightening but not, it seems, for renovators. The latest figures from the ABS show Australians spent a whopping $1,044 [...]
With plenty of pundits tipping interest rates will start to fall in the next 12 months, we look at why the big banks are hiking their fixed rates – and unpack what it means for the rate outlook. The past few months have seen interest rates on fixed home loans deliver more ups and downs [...]
Despite the soaring cost of living and successive interest rate hikes, homebuying intentions have climbed, latest data shows. So why are so many people still chasing the great Australian dream? And what can you do to make your own dream a reality? Despite a flurry of rate rises, new data this month shows homeownership is [...]
Phew! The RBA has decided to put the official cash rate on hold. So, is the end of this rate hike cycle finally in sight? The decision to keep the official cash rate at 4.10% will be welcomed by homeowners around the country after monthly repayments have increased by about $1,135 per $500,000 loaned (for [...]
Mortgage serviceability can feel like a frustrating hurdle to clear. But it’s an important safeguard against borrowing too much, particularly in the current interest rate landscape. It’s in the best interests of all parties involved if your mortgage is chugging along with regular repayments being made. Borrowing an amount you don’t have a hope in [...]
The Reserve Bank of Australia (RBA) has increased the official cash rate for the 11th time in the past year, taking it to 3.85%. Have we finally reached the peak of this cycle? And how much will this latest rate hike increase your monthly repayments? In what will undoubtedly be tough news for many households [...]
As property prices start to climb, listings are following suit. So if you’re hunting for a home, what does this mean for you? If you’ve been looking at the property market over the last six to 12 months, you probably already know that while property prices have dropped, it’s been a case of slim pickings [...]
