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Bank Accounts from Macquarie Bank for January

Macquarie BankMacquarie Bank is a major global player in corporate investments and wealth management and in recent years, has opened a chain of banking branches, much like those of its rivals, such as National Australia Bank. Through these branches, Macquarie now offers credit card deals, personal loans and mortgage packages.

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Latest Australian Finance News from Money-Au.com.au

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* Interest paid on maturity on balances of between $10,000 and $5 million with terms of 3 months.
^ This is an introductory variable rate. Rates on this product, including introductory rates are variable and subject to change without notice.
† The deposit is guaranteed under the Australian Government's Financial Claims Scheme.
The rates above are valid as at 12th November 2008 and are subject to change.
Investments in Macquarie Cash XL (or "trust") are offered by Macquarie Investment Management Limited ABN 66 002 867 003 (MIML/we/us/our). Units in the trust are not deposits with or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (the bank/MBL) or of any Macquarie Group company and are subject to investment risk, including possible delays in repayment and loss of income or principal invested. None of Macquarie Bank Limited, MIML or any other member company of the Macquarie Group guarantees the performance of the trust or the repayment of capital from the trust or any particular rate of return. While units in the trust are not direct deposits with MBL, the trust itself invests solely as a wholesale deposit with the bank. Investors do not hold a retail deposit directly with the bank.
For more information, read the Cash XL PDS (815kb) and PDS Further Information (96kb)
Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website.
Any subsidiary of Macquarie Bank Limited ABN 46 008 583 542 (MBL) described on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth), and the subsidiary's obligations do not represent deposits or other liabilities of MBL. Macquarie Bank Limited and Macquarie Group Limited do not guarantee or otherwise provide assurance in respect of the obligations of the Macquarie subsidiary.

 

* Interest paid on maturity on balances of between $10,000 and $5 million with terms of 3 months.
^ This is an introductory variable rate. Rates on this product, including introductory rates are variable and subject to change without notice.
# Interest paid on maturity on balances of over $10,000 with terms of 1 to 12 months, rates are subject to change.
† For more information on the Federal Government's guarantee on deposits under the Australian Government's Financial Claims Scheme, including types of accounts and applicable monetary thresholds, you should visit www.treasury.gov.au and click on the link to 'Guarantee of Wholesale Funding and Deposits'.
The rates above are valid as at 12th November 2008 and are subject to change.
The Macquarie Bank Term Deposit is issued by Macquarie Bank Limited ABN 46 008 583 542 (MBL). Australian Financial Services Licence No. 237502. Fees and charges may be payable. Terms and conditions available upon request.
To change your address or your Nominated Bank Account, please call 1800 184 876.
Where we provide any advice on this website, it has been prepared without considering your objectives, financial situation or needs. Before acting on any advice on this website, you should consider its appropriateness to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website.
Any subsidiary of Macquarie Bank Limited ABN 46 008 583 542 (MBL) described on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth), and the subsidiary's obligations do not represent deposits or other liabilities of MBL. Macquarie Bank Limited and Macquarie Group Limited do not guarantee or otherwise provide assurance in respect of the obligations of the Macquarie subsidiary.

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Latest Australian Finance News

Australians Put Record Amounts Into Term Deposits During 2008

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National Australia Bank, Australia’s largest bank by assets has priced a three year US Dollar Bond issue guaranteed by the Australian Federal Government. The deal priced at between 85 to 90 basis points over mid-swaps is being managed by HSBC, Merrill Lynch and RBC Capital Markets. NAB has not yet announced how much it plans to raise.
>> Read the full story


International Banks Beat Retreat from Australia Causing Shortfall in Australian Corporate Lending

Major international banks are scaling back their lending to Australian corporations in the wake of the global credit crisis as they retreat to their domestic markets and the Australian Federal Government loan guarantee continues to divide the banking sector.
>> Read the full story


Personal Finance Hints and Tips

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