Home > Deposits articles
Deposits articles
1 articles found
bank accounts
budgeting
deposits
everyday banking
financial planning
money transfers
savings accounts
term deposits
What is a Term Deposit and How Does it Work?
Between groceries, travel, rent, and trying to maintain some kind of social life – we know, saving your hard-earned cash is no easy task! Yet, there’s never been a better …
Continue reading "What is a Term Deposit and How Does it Work?"
Written by Angelica Silva
• 26/03/2021 • 5 minute read
WARNING: Do you really need a loan today?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
- For information about other options for managing bills and debts, call 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
- Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
- If you are on government benefits, ask if you can receive an advance from Centrelink: www.humanservices.gov.au/advancepayments.
The Australian Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.
*This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.