Transport Mutual Credit Union CEO John Kavalieros, under the guidance of the Board, has today announced a tailored adjustment to its interest rates following the Reserve Bank of Australia’s recent increase of the cash rate to 4.35%.In a move designed to alleviate the financial pressure on Australian families, Transport Mutual has chosen to partiall...

Optus customers have been unable to make calls or use the internet for at least six hours on Wednesday morning due to a major outage that is affecting hospitals, public transport and businesses across Australia. The issue – which is affecting other telcos using the Optus network such as Amaysim, Vaya, Aussie Broadband, Moose Mobile, Coles Mobile, ...

 MEDIA RELEASE FOR IMMEDIATE RELEASE Transport Mutual Credit Union Declines Proposed Share Sale in Cuscal Ahead of Its Planned IPO Sydney, October 9th, 2023 –Transport Mutual Credit Union (TMCU), has announced its unanimous decision not to participate in the proposed voluntary sale of 50% of its shares in Cuscal.   Cuscal was created by the Aus...

As a TMCU member, your financial security is of utmost importance. Fraudsters are constantly coming up with new ways to steal your money and personal information, so it's important to take steps to protect yourself. Here are some tips for preventing fraud: 1. Keep your personal information secure. Fraudsters can use your personal information such...

There has been a lot said about getting to net zero, reducing emissions, targets, and the pressing need for action.But what lies beyond the high level summary?It might be news to many that government is working away feverishly to create the infrastructure and architecture necessary to enable a cleaner and more sustainable local environment.Financia...

Cycling to work is becoming an increasingly popular way for Australians to get to their place of employment. There are numerous benefits associated with cycling to work, both for the individual cyclist and for society as a whole. In this blog post, we will explore some of the key benefits of cycling to work in Australia. 1. Improved physical healt...

To our valued members. As you may have heard in the media, Optus has reported a serious security data breach.  At this early stage what we know from announcements on the Optus and Australian Competition and Consumer Commission (ACCC) websites is that following a cyber-attack, full identity details for an undisclosed number of current and former Op...

Solar energy can help you dramatically reduce the running costs of your property, especially if you live in the warm parts of Australia. To find out how much money you can save with solar energy, there are a number of factors that need to be considered:• Your average energy consumption• Usage patterns• Your feed-in tariff rate• The size of the sola...

The current rain event and associated flooding is bringing challenges and risk to people all over south-east Queensland and NSW. The Credit Union’s membership is spread far and wide across the states and so TMCU has activated its disaster relief support package for affected Members.This package includes low interest loans, deferred loan repayments...