ACB News “Australia Finance Online” June 26 News Australia’s second largest bank Westpac Bank announced that it will reduce its eSaver and Life product deposit interest rates by 5 basis points, the highest interest rate is only 1%. Westpac said its standard savings account, eSaver, had a deposit rate of 1% for the first 5…
The Victorian Government has paved the way for employment-creating construction projects worth more than A$1 billion to start and help start the economy. Finance Minister Tim Pallas announced today that the government’s “Working Group on Helping Victoria Recover Construction” has quickly tracked seven other projects, all of which have now been approved by the plan.…
The main advantage of buying off-plan housing is to buy at the current house price, but the price is to pay before the house is completed. If you choose properly, you buy an off-plan apartment or townhouse at the so-called market price, which is likely to have appreciated in value when the property is completed.…