The AIDF Board has approved the updated lending and investment interest rates which are outlined below and are also available here.

The AIDF rates remain commercially attractive compared to those offered within the broader banking sector. In addition, no account keeping or transaction fees apply to our savings and investments products. The AIDF Board continues to monitor RBA and market movements closely.

Please do not hesitate to contact Adam, Leila or Sarah at the AIDF directly if you have any questions about these interest rate adjustments.

Trevor Ament

Chief Executive Officer

November 2024

INTEREST RATE ADJUSTMENTS

Non-Housing Loans
In response to the RBA cash rate increase, the AIDF is seeking to adjust Non-Housing Loan interest rates as of 1^st November 2024 as follows:
– Standard Diocesan Rate which applies to Parishes, Diocesan Schools, the ACPT, and other Diocesan entities.
Remains unchanged at 7.75%
– Master Asset Facility (MAFF)
Increased by 0.25% from 5.25% to 5.50%
– Overdraft Rate
Remains unchanged at 8.50%
– Personal Late Rate
Remains unchanged at 9.75%

Term Investments

Investments	3 Months	6 Months	9 Months	12 Months	18 Months	24 Months	36 Months
As at 01/12/23	4.50%	4.65%	4.85%	5.10%	5.10%	4.75%	4.00%
Rates as of 01/11/24	4.00%	4.30%	4.60%	4.75%	4.10%	3.75%	3.00%

Saving and Investment Accounts

	Cash Management Account – Educational Entities	Cash Management Account – (Other Diocesan Entities ie. Parishes & Agencies)	Community Saver Account	Access Account (Transactional)	Cheque Account
As at 01/12/23	4.50%	4.25%	4.75% +0.50% donation	Up to $50k: 0.30% Over $50k: 0.35%	Up to $100k: 0.15% Over $100k: 0.20%
Rates as of 01/11/24	unchanged	unchanged	unchanged	unchanged	unchanged

Home Loans

Variable – Existing as at 01/12/2023	5.75%		
Fixed Rate	1 Year 6.60%	2 Year 6.50%	3 Year 6.45%
Rates as of 01/11/2024			
Variable	unchanged at 5.75%		
Fixed Rate	1 Year 6.20%	2 Year 6.00%	3 Year 5.90%