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Why choose IMB Bank?
Established in 1880, IMB has been helping people achieve their financial goals for 135 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking, financial planning and can arrange a wide range of insurance and travel products.
IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to over 3,000 ATMs, free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.
If you run your own small business, you will have come across a number of different ways of evaluating your profitability. One such method is gross profit, and gross profit margins. While they may not be the only figures you are using to check the health of your enterprise, they may still be important.
Here's what you may need to know to interpret them properly.
If you’re running a small business, fixed costs are likely to form part of your budgeting commitments and can play an important part in your overall business plan. However, you may find that your business has different fixed costs to others, but also finances them in different ways. Let's take a closer look at what fixed costs are and how you might be able to deal with them efficiently.
Cash flow can be a constant concern for any business manager. Whether you own a grocery store or are a self-employed tradesperson, cash flow might dictate your success and failure. Often, failure to manage cash-flow properly was an identified cause of business insolvencies from 2014 to 20151.
As we start to near the new financial year, it could be the perfect time to learn how to better handle cash flow and help prevent your small business going the way of the dodo.
For many young Australians, home ownership may be harder to attain compared to previous generations. Many Australians are putting off buying their first home until later in life, while the overall home ownership rates across the nation have been dropping since the mid-1990's1. It seems like a grim scenario, but there are still solutions available - and it isn't just a matter of saving more or for longer for a larger deposit.
Just like cash, shares, stocks and deposit account products, property might be an option to investors who would like to put their money to work. Whether for a passive supplementary income, a pathway toward financial independence or a retirement plan, real estate might offer you an efficient way towards achieving your financial goals.
Buying a property can be a serious undertaking, and it pays to make sure you go into it fully informed. Conveyancing is an integral part of the purchase or selling process, so consider familiarising yourself with these important introductory conveyancing terms.
Mortgages can be complex pieces of documentation – consider arming yourself with knowledge of these introductory terms to help understand the process.
At IMB we have a team of lending professionals who can help find the right home loan for you.
Whatever your plans. IMB can help to get you there.
IMB can get you in the car of your dreams sooner than expected.
Earn great returns with IMB.
Whether you’re trying to save for a new car, your dream holiday or the latest tech gadget, IMB have a range of savings account's that can help you stay on track.
Bank your way with IMB's everyday banking accounts.
Use your own money to shop securely online and over the phone with an IMB Visa Debit Card.