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Making your windfall last longer Here are some tips on how you can make a financial windfall like a tax refund, inheritance or redundancy payment last longer. |
| | Deposit accounts Savings or bank accounts Just about everybody needs a deposit account to receive pay, pensions and other income and to draw out cash and pay bills. By shopping around, you can find account that meets that your needs.
Other financial products that seem like deposit accounts The financial world has a host of other products you can invest your money in, with the same common fundamental features. ASIC's role We protect consumers who make deposits in banks, credit unions and building societies. We also regulate the activities of firms that lend money to consumers, investors and small businesses: for details, see our section on credit. We regulate deposit taking institutions by:
The Australian Prudential Regulation Authority is responsible for the promoting the safety and soundness of deposit taking institutions and the Reserve Bank of Australia, is responsible for monetary policy and the stability of the financial system. | ||||
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