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| Union Member Benefits Update May 2010 |
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Winter has well and truly landed! But our May Member Benefits Update will warm union members up with great news from ME Bank on their Term Deposit products, fantastic photos of the Women’s Rights At Work team in the 2010 Mothers Day Classic, 3 great competitions, an update on our AFL/NRL Footy Tipping Comps and a brand new YRAW website!
Image: ACTU Organising Conference
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ME Bank has expanded its preferential Super Member product range to include Super Members Term Deposits (SMTD).
SMTD is a Term Deposit with a bonus interest rate of up to 0.25% p.a.
for members of ME Bank’s participating unions and super funds.
For example, the three month term is currently 6.0% p.a. for members of participating unions and super funds,
whereas the Standard Term Deposit rate, available to the general public, is 5.75% p.a.
The opening balance for any term is now only $1,000. Added to this benefit, you can now choose the term that suits you from one month to 24 months. If your term is more than twelve months you can choose to either have your annual interest added to the principal or have it paid to a nominated account.
Best yet, you can apply online. If you’re already an ME Bank customer you can apply for a Super Members Term Deposit Account or change your maturity instructions over the phone. This facility is available for single account holder accounts only.
ME Bank’s participating union and super fund and members already earn a discount on their home loan with Super Members Home Loans.
The recent launch of this preferential deposit product for super fund and union members coincided with the launch of ME Bank’s national brand advertising campaign, which reaffirms the Bank’s alliance with the union and industry super fund movements.
For more information call 1300 309 374 or visit mebank.com.au
Interest rates are current as at Monday 17/05/2010 and subject to change. The Super Members Term Deposit interest rates are up to 0.25% p.a. more than the interest rates for an ME Bank Standard Term Deposit. You will get the interest rate that applies to your deposit on the day your application is received. Rates are applicable for amounts of $1,000 to $500,000. For rates above $500,000 contact ME Bank on 1300 309 374. Fees and charges may apply. Terms and conditions available on request. This is general information only and you should consider if this product is appropriate for you. See mebank.com.au for eligible super funds and unions. Members Equity Bank Pty Ltd ABN 56 070 887 679.
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A record number of 100,000 Australians chose to dedicate their Mother’s Day morning to raising funds for breast cancer research by walking or running in Mother’s Day Classic events across the nation.
This year for the first time a national ‘Women’s Rights At Work Team’ completed the 4km walk in all capital city events. What a fantastic day it was!
A big thank you to all those union members who walked for women’s rights and to raise funds for breast cancer research. The Women’s Rights At Work team will be walking again in the 2011 Mothers Day Classic. Keep an eye on the Member Connect website for information on how to get involved.
To view photos of the team in different locations around Australia, click here.
ME Bank is the major sponsor of the
Mothers Day Classic.
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IFFP has produced a new edition of ‘Pocketwatch” outlining the major Superannuation and Taxation reforms arising from the Henry Review.
The main points covered include:
- Increasing the SG Contribution from 9 to 12%
- Extension of the SG to workers up to age 75
- Improved contribution caps for mature age workers with super balances less than $500,000.
- Additional Government Contribution for low income earners
- Additional taxation information
Download Henry Review Pocketwatch
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The challenge for the 2010 conference was how to build on the success of the last decade to build capacity and grow – to win industry campaigns, activate our base, engage the broader community to build strength. Over 500 delegates attended this very successful event. The conference provided a great forum for organisers, campaigners, educators and leaders to share ideas and learn from each other. Among the many highlights was Jeff Lawrence’s address to organisers – to read the full speech
click here.
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Worksite for Schools launched their new website last year. The revamped website is an excellent resource for young workers and students who require information on work experience, their first job and the role of unions. Visitors to the website can submit questions and comments, enter into competitions and view a variety of member profiles and videos about union membership.
To check it out, click here.
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Whether it is a house, a building, a car, a caravan or a holiday don't wait until it’s too late to investigate the best insurance cover for your needs. No matter what you want to insure – there are two union owned insurance brokers that can meet your insurance needs.
Labour Union Insurance Brokers and Union Shopper Insurance Brokers have both been servicing the needs of union members for over 20 years. So why not consider getting a quote from them today?
If you want to find out more simply visit our web site.
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The Australian Movie Voucher is a voucher that is valid at over 50 independent cinemas across Australia. Vouchers are only $9.50 each, valid for 12 months and can be used any day of the week. Union Members can purchase the vouchers online at the Australian Movie Voucher web site subject to a minimum purchase of 5 vouchers. To find out more about this great offer visit
Australian Movie Voucher.
Competition – Member Connect has a big bundle of Australian Movie Vouchers to give away to lucky union members!
To go in the draw to win one of 10 double passes all you have to do is email Member Connect with your name, address, union and membership and name one participating cinema where you can use Australian Movie Vouchers by close of business Friday 28 May 2010.
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This footy season has seen a couple of upset rounds and some formerly poor performing teams start to turn it around – can the same be said for our tipsters?! How’s your form this season? Are you failing miserably or winning a Whopper every week?
In the AFL Competition, at the end of Round 7, we have Steve Lewis at the top of the Leaderboard on 45 with a margin of 112 and in the NRL Competition, at the end of Round 9, we have Fiona Bruzzi at position number 1 on the Leaderboard on 44 with a margin of 65. Keep up the great tipping, Steve and Fiona and you may very well be holding a cheque for $1000 from ME Bank at the end of the footy season!
Get your tips in for both AFL Round 9 and NRL Round 11 and if you are the 1st, 2nd & 3rd tipsters for these rounds in the ACTU/ME Competitions, you will win an Australian Movie Voucher double pass!
Terms and Conditions: Please note only financial members of ACTU affiliated unions are eligible to claim prizes. Retirees who were a member of an affiliated union at the time they retired are also eligible.
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"Your Rights at Work" is moving with the times to make it easier to support the community and union campaign to restore fair and balanced workplaces. Over the past few months we've been sending updates about the new website and our progress.
Well, we're ready to share the new and improved "Your Rights at Work" website with you.
The revamped site has some new features to make it easier for you to participate in campaigns. We're also making the site more interactive so you can share your favourite campaigns and actions with your friends, family and co-workers. Plus you'll be able to share your experiences, thoughts and ideas with the "Your Rights at Work" team.
Some of the new features of the site include:
- Specific campaign groups
- Blogs to keep you informed of the latest news for each campaign
- New resources to download and share
- Comment on and contribute to the campaigns you're interested in
- More ways to make your voice heard
- Ways to track what actions you've taken and the campaigns you follow
And by joining, you can do even more! Becoming a member of the site means you can import your videos and pictures for the campaigns you support. You'll also be able to take action faster with crucial details already filled in for you.
Plus everyone will keep receiving the "Your Rights at Work" monthly newsletter. It'll be jam packed with the latest details and updates!
Your Rights at Work worth joining in for – worth signing up for!
Join the new site today and do more to lend your voice for a return to fair and balanced workplaces.
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