staz maths lesson
Have $100,000 deposit then bank pays government
$100 at 0.1 of a per cent
at 1.0 % it would of been $1000
so consistent with below 10 times.
.5% and 1.0% on protected deposits, The Australian Financial Review altered the numbers
to 0.01%-0.05%, implying the charge would be 10 times less than originally reported.
- Forums
- Political Debate
- afr alters numbers now only 0.1 - 0.5