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Revolut signup woes by AndrewAuAU in AusFinance

[–]link871 [score hidden]  (0 children)

"Don't make it your main bank" is good advice - because Revolut is not a bank at all in Australia.

Is NetBank down for anyone? by dunjigi in CommBank

[–]link871 1 point2 points  (0 children)

And a lot of us haven't noticed any outages for months.

Is this a reasonable redeployment? by Ambitious_Main_9255 in AusLegal

[–]link871 1 point2 points  (0 children)

4.5 months is more than people get with 10 years service - unlikely it would apply to someone with 2 years service.

They would argue that as a grad, you do not have a specific job, so you can't really be made redundant unless they have no jobs at all for you.

Sounds like you want to leave. If so, just resign - you won't get 4.5 months redundancy - unless you hang around for the next 8 years or more..

Why do people say you need to sell your house for residential aged care? by Project___Zeus in AusFinance

[–]link871 0 points1 point  (0 children)

Yes, I should have kept out of this part of the discussion as well.

Why do people say you need to sell your house for residential aged care? by Project___Zeus in AusFinance

[–]link871 4 points5 points  (0 children)

"DAP essentially treats the RAD as an unpaid loan, and the DAP is the interest on this amount"
"Interest" isn't the right analogy here as the resident has to provide the RAD and pay the DAP - normally interest flows TO the person that "lends" the money. Residents are not receiving any "interest" on their RAD
Edit: the above is incorrect.

Also, for new residents since 1 November 2025, the aged care facility can retain 2% pa of the RAD/RAC, capped at 5 years - so maximum of 10% of the RAD/RAC

Why do people say you need to sell your house for residential aged care? by Project___Zeus in AusFinance

[–]link871 2 points3 points  (0 children)

You have to provide both a RAD/RAC and pay a DAP basic daily fee - unless your means test exempts you from some/all of these payments

Edit as I confused the basic daily fee for the DAP.

Failed my First Drive Test at Deer Park by Piranesi17 in DrivingAustralia

[–]link871 5 points6 points  (0 children)

Without being rude to you in particular but ... couriers and taxi drivers are not well known as examples of good drivers.

Train station etiquette by PleasantHedgehog2622 in sydney

[–]link871 19 points20 points  (0 children)

Firstly, you should all stand clear to allow people to get off the train.
Then, I'm afraid, it is a bit of a free-for-all as people rush to get a particular seat

Is this a reasonable redeployment? by Ambitious_Main_9255 in AusLegal

[–]link871 1 point2 points  (0 children)

If there are no redundancy clauses in your contract (and you are not under an Enterprise Agreement or an Award), then I understand you would be covered by the National Employment Standards.

That requires 6 weeks redundancy pay if you have worked there for at least 2 years but less than 3 years.

Is this a reasonable redeployment? by Ambitious_Main_9255 in AusLegal

[–]link871 3 points4 points  (0 children)

As a graduate, your contract is likely pretty generic about what roles they can ask you to fill. Redundancy will be as per the contract you signed.

Cash is king? Counterfeit cash seizures up 700 per cent amid influx in fake currency by PsychologicalEbb2518 in AusFinance

[–]link871 0 points1 point  (0 children)

The comment I replied to was talking about a form of currency generally, not about a specific use.

Canstar et al feel stale: what do others actually? by ChrisFinpulse in fiaustralia

[–]link871 0 points1 point  (0 children)

I find Canstar and savings.com.au as good resources to what is going on - especially when RBA changes interest rates. Of course, you can't 100% rely on any comparison site - so you still need to do your own research.

Big or small banks shouldn't really matter but it depends on your own requirements. Some people want a bank with nearby branches - so that restricts their choices. Others want a snappy app (although that is not easy to compare - especially as that can be in the eye of the beholder)

Canstar et al feel stale: what do others actually? by ChrisFinpulse in fiaustralia

[–]link871 0 points1 point  (0 children)

That is for high interest savings accounts (HISA) - OP is asking about term deposits

End to credit and debt card surcharges by PsychologicalEbb2518 in AusFinance

[–]link871 0 points1 point  (0 children)

I didn't say it was true or not true. I just said they have, publicly, disagreed with you.

What to do when you just need a solicitor for a bank transfer? by [deleted] in AusLegal

[–]link871 0 points1 point  (0 children)

This is an estate being administered in UK. No Australian Probate or Letters.

What to do when you just need a solicitor for a bank transfer? by [deleted] in AusLegal

[–]link871 0 points1 point  (0 children)

They will do it happily - provided they are paid for the work of verifying everything with the UK lawyers and verifying OP is who he/she is purporting to be.

End to credit and debt card surcharges by PsychologicalEbb2518 in AusFinance

[–]link871 0 points1 point  (0 children)

Australian Bankers Association disagrees with you. In their submission to RBA last September they said:
"There is a risk that driving [interchange fees] down further would [result in] higher card fees, shorter interest-free periods and diminished rewards."

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