LLL and LESNW Helping Transform Money into a Force For Good

LLL’s strong partnership and shared missional purpose with Lutheran Education SA, NT & WA, and its member schools, allows LLL to support a wide range of inspiring outreach ministries such as the Adelaide Deaf Community Church (ADCC).

The ADCC passed a significant milestone in October with the ordination of Specific Ministry Pastor Julian Mazzeo, who is profoundly deaf.

The ADCC, in partnership with Pilgrim Lutheran Church, Magill, has a proud history of serving the Deaf community, with a Deaf congregation first established in South Australia in the late 1800s.

LLL has supported the ADCC to expand its outreach with an initial grant in 2017 followed by another in 2020.

The grants were used to establish a media studio and live-streaming capabilities, which have facilitated the broadcast of sermons in Auslan to members of the Deaf community across the country.

LCANZ Bishop Paul Smith and SA-NT District Bishop Andrew Brook were on hand for Julian’s ordination ceremony at Pilgrim.

“It was a special day I will never forget,” Pastor Julian said.

“I am looking forward to helping more Deaf people become disciples of Jesus.”

LLL’s support of the ADCC, made possible by our relationships with Lutheran organisations such as LESNW, and the schools that have loans and investments with LLL, is a wonderful example of money being transformed into a force for good.

In interest rate matters, the Reserve Bank of Australia (RBA) announced a 0.25% increase in November 2023 – in this cycle we have seen the RBA increase the cash rate by 4.25%.

During this same period, LLL has increased its loan rate by 3.50%, which includes a 0.50% increase to secured and unsecured loan rates, that will take effect on 1 January 2024.

LLL continues to insulate borrowers from the full impact of the RBA rises by absorbing a proportion of these increments.

We do this to meet our valued clients’ capital needs while balancing the missional objectives of our generous depositors.

The following variable interest rates will take effect Monday, 1 January 2024:





Secured loans

4.70% p.a.


5.20% p.a.

Unsecured loans

5.20% p.a.


5.70% p.a.

Borrowers will receive a new loan repayment schedule once the new rate takes effect.

Should borrowers wish to discuss their circumstances or seek more information, please don’t hesitate to contact any member of our relationship team.

Scott Ross
CRelO, LLL Australia

Samantha Kukic
Head of Client Relationships

Andrew Osborne
Compliance Officer

Joe Santostefano
Client Relationship Analyst


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