Financial Year 2018/19 results.

In a year where many financial institutions saw marked reductions in profit, Defence Bank is pleased to announce a strong financial result for the year with Net Profit after Tax (NPAT) of $10.04m – an increase of 2.5%.

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Temporary changes to superannuation.

The Commonwealth Government has released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery. This includes some temporary changes to our Defence Bank Super, Defence Bank Pension and our Defence Bank Super Assured Retirement Savings account (RSA).

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Temporary increase in contactless payment limits

As part of an industry wide response to the Coronavirus, effective 7 April Defence Bank will be temporarily increasing the PIN limit for contactless card payments from $100 to $200 to reduce the need to touch payment terminals when you are out shopping at retailers like Woolworths or Coles.

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