A term deposit is a great way to reach your savings goals, as you can lock in a great guaranteed rate for 3, 6, 9, 12 or 24 months. Interest is calculated daily and paid at the end of the term. You have the peace of mind know that all deposits are covered by the Government guarantee.
Monthly Income: Fixed Term Account
These accounts are like a term deposit, except you can have the interest paid to you monthly. Like a term deposit, you can benefit from locking in a guaranteed return rate on your investment.
You can invest for either 12 or 24 months and as with all deposits administered by MyLife MyFinance, they are fully covered by the Government guarantee.
Buying an investment property can be a great way to achieve your financial goals, whether you’re already a home owner, or a first time home buyer. One of our lending specialists can assist you with the process. We’ll be there to talk you through and answer any questions you may have along the way.
Additionally for customers who are a member of either MyLife MySuper or Catholic Super, we’ll waive the set up fees including the valuation of the property.
Superannuation is a tax effective way to save for your retirement. Amounts that go into your super account attract different tax treatments from the ATO. Your money is pooled with other members' money and invested on your behalf by professional investment managers.
Your employer will make contributions to your super fund and you can top it up with your own money.