Interest Rate Update – December 2023
As has been widely reported, the Reserve Bank of Australia increased the official cash rate by 25bps at its November meeting. The updated interest rates for AIDF Lending and Investment rates are available here. Please note the new rates for both, loans and investments will apply from the 1 December 2023. The AIDF rates remain commercially […]
2022 Annual Report
The AIDF is pleased to provide our Annual Report for 2022. The AIDF’s history of financial strength and performance has continued during 2022. A summary of the results are as follows: 1) Operating surplus of $1,465,927 (2021: $980,512) 2) Reserves increased to $12,086,330 (2021: $10,820,403) 3) Investment balance peak at […]
Online Community Saver Update – 2023
The AIDF has recently processed the annual distribution of donations to parishes and diocesan agencies which totaled in excess of $58,000. A major initiative of the AIDF has been to offer our customers the opportunity to financially support their parish or favourite diocesan agency directly by investing in our Online Community Saver account. The Community […]
St Peter’s Anglican College – VET Building
During late 2022 / early 2023, AIDF provided funding to assist with the construction and development of a new Vocational Education & Training (VET) Building. The building provides 6 General Learning Areas (GLA’s), plus Staff facilities and a Canteen. This includes spaces for Hospitality, Arts and Textiles. This significant building provides 1,356m² of floor space […]
The Riverina Anglican College Junior School – Stage 3
During late 2022 / early 2023 AIDF assisted with the ongoing growth of the School by providing construction funding for Stage 3 of the Junior School. This significant building provides 5 General Learning Areas (GLA’s) plus an Administration area. The building provides 843m² of floor space catering for approx. 100 additional students, allowing for dual […]
Interest Rate Update – June 2023
As has been widely reported, the Reserve Bank of Australia increased the official cash rate by 25bps at its June meeting. The updated interest rates for AIDF Lending and Investment rates are available here. Please note the new rates for: The AIDF rates remain commercially attractive compared to those offered within the broader banking sector. In […]
Interest Rate Update – May 2023
As has been widely reported, the Reserve Bank of Australia increased the official cash rate by 25bps at its May meeting. The updated interest rates for AIDF Lending and Investment rates are available here. Please note the new rates for: The AIDF rates remain commercially attractive compared to those offered within the broader banking sector. In […]
Interest Rate Update – March 2023
As has been widely reported, the Reserve Bank of Australia increased the official cash rate at its March meeting. The updated interest rates for AIDF Lending and Investment rates are available here. Please note the new rates for: The AIDF rates remain commercially attractive compared to those offered within the broader banking sector. In addition, no […]
Interest Rate Update – February 2023
As has been widely reported, the Reserve Bank of Australia increased the official cash rate at its February meeting. The updated interest rates for AIDF Lending and Investment rates are available here. Please note the new rates for: The AIDF rates remain commercially attractive compared to those offered within the broader banking sector. In addition, no […]