The Reserve Bank of Australia (RBA) has increased the official cash rate for a tenth straight meeting, taking it to 3.60%. How much will this rate hike increase your monthly mortgage repayments, and how many more rate rises are expected to come? The RBA’s latest move takes the cash rate to its highest level since May [...]
International Women’s Day (IWD) is celebrated every year on March 8. This special day is a day to honour and celebrate all social, economic, cultural and political accomplishments of women and acknowledge how far we have come in our struggle for equality, peace and development. The first International Women’s Day in Australia was held in [...]
For Ukrainians around the world, February 24, 2023 marks 365 days since the war in Ukraine began and is a date that won’t be easily forgotten. Consequently, for many individuals and families residing in Ukraine, life changing decisions were made, such as, whether to stay and defend their beloved homeland or to flee to one [...]
This year’s Pako Festa returned in full flight after a few years of smaller low- key celebrations. The event is a true celebration of multicultural diversity and has been running for over 41 yrs. The festival features activities for all ages with, live performances, food, and art all on display from countries from all corners [...]
Renovating is exciting. Having aesthetics and function on point can make your home feel new again. And possibly add to its value should you want to sell or refinance. But we’ve all heard reno horror stories: shonky tradies, budget blowouts and permit nightmares, not to mention the recent supply chain disruptions. So we’ve compiled some [...]
Planning on giving your finances a boost by refinancing your mortgage? Well, you’re not alone. Following a string of rate rises last year, borrowers are refinancing in record numbers, according to PEXA research. And ABS finance and wealth spokesperson, Katherine Keenan, says recent data shows owner-occupier refinancing with different lenders remained at record levels in 2022, above [...]
As you’re probably aware, there’s recently been an increase in the number of data breaches in Australia and it is important for all our members to be aware of cyber risks and best practice to also protect your valuable funds. Protecting our Member’s personal information and transaction details is critical and we invest significantly [...]
Dnister held its 63rd Annual General Meeting on Sunday 6th November 2022 at the Ukrainian Orthodox Church Hall in Essendon. 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 their ongoing support. [...]
Notice is hereby given that the 63rd Annual General Meeting of Dnister Ukrainian Credit Co-operative Limited will be held at: Ukrainian Orthodox Church Hall, 91 Buckley Street, Essendon on Sunday, 6th November 2022 at 1:30pm (AEDT). Registration will commence at 1:00pm and the Meeting will start at 1:30pm. Some useful links and information [...]
The Board of Directors is very pleased to announce to you, our members, Dnister’s newly appointed CEO Andrew James. Andrew will be commencing as Chief Executive Officer (CEO) of the Dnister on the 29th of August 2022. The Directors and staff look forward to working with Andrew, who will be an integral in developing and implementing [...]
Over the Christmas and New Year season our branches will be trading on the following dates: The Essendon Branch will be closed on: Mon 26th Dec 2022 Boxing Day Tue 27th Dec 2022 Additional Christmas Day Public Holiday Mon 2nd Jan 2023 Additional New Year's Day Public Holiday Fri 6th Jan 2023 - [...]
For over 60 years Dnister has understood the importance of nurturing language and culture with our youth. Our ongoing commitment and support to schools and playgroups continues yearly by donating hundreds of thousands of dollars worth of funding towards Ukrainian and Latvian language schools. This year Dnister provided: $9,975 to Schools and Playgroups and [...]
Meet some members of our finance team who work tirelessly, analysing, comparing, and reporting to ensure that our members are being looked after, especially now that we are in unprecedented times where rates from the Reserve Bank have increased rapidly over the past months. The Dnister team has ensured that, unlike the major lenders, for [...]
Following the June Reserve Bank of Australia (RBA) meeting, the RBA announced a lift in the cash rate by +0.50% to 0.85%. What this means for you is that Dnister will be increasing the interest rate on variable rate home and business loans by +0.45% as of 23rd June 2022. Members will be able to [...]
9th March 2022 All Dnister Visa Cards are issued in Australia Members are advised sanctions announced yesterday by Visa/Mastercard will not impact members in Australia or Ukraine, except in the Russian Federation. Details on the sanctions announced by Visa and Mastercard are detailed below. Visa Sanctions Update Visa has announced that effective immediately, they are [...]
