Aussie banks to open $1bn of savings account to help couples get together
AUSTRALIA’S biggest banks are set to open up a new savings account for couples with children, in a move aimed at easing financial strains.
Key points:Bank of Queensland is planning to open a new branch to help parents and families who are struggling financiallyAAP: “The Bank of Queensland’s commitment to helping parents and their families with financial issues is unrivalled in the world”It will be open to families who have children aged under 5, have a spouse or partner who has an account and a child under 12.
The bank is also offering parents and parents with a spouse a free account if the account holder is a registered member of the bank.
“A child is an individual child who can be considered to be a dependent child under the child’s care.
So we are supporting families and their children,” Bank of Brisbane CEO Mark McKeon said.”
If a parent or parent with a child has been on the benefits system, they can apply for a benefit for the child.”
In our first year, we have been able to help hundreds of thousands of parents, and this is one way that we can help them.
“We have already helped parents with child support payments, we’ve helped parents and grandparents get access to a childcare program, we are helping parents with money for childcare.”
The Bank is committed to helping our customers in every way possible.
And there’s no doubt there are people who can’t spend money and it’s also impacting families and the economy in Australia.””
There’s a lot of challenges we face in Australia, there’s a shortage of cash and the ability to spend it in a sustainable way, which is one of the challenges that our customers are faced with,” Mr McKeonsaid.
“And there’s no doubt there are people who can’t spend money and it’s also impacting families and the economy in Australia.”
So we think this is an important tool for them and their financial support needs.
“The Bank said the free bank accounts would be available to anyone who was eligible for a credit or debit card or bank account and had a current account balance of less than $5,000.
The bank said it had worked closely with its local community, the Federal Government and the Australian Capital Territory to establish a free savings account and help families and families with children.”
He said the bank’s free account would also be available for parents with children under the age of five.””
We are making this possible by opening this new account.”
He said the bank’s free account would also be available for parents with children under the age of five.
“It’s also good to see more banks open their doors to help our customers,” he said.
Bank of Tasmania is offering free accounts for anyone over the age on a new scheme called the Age-Friendly Banking Scheme.
On the age-friendly banking scheme, people aged between 15 and 64 can access up to $5 in free money to cover their basic living costs.
The scheme, which began last year, covers a range of costs, including: childcare and meal vouchers, child care, car payments, dental, health care and medical.
Bank Victoria is offering its own free account for parents.
“Our goal is to provide our customers with the best possible financial support in the best circumstances,” a spokeswoman for the bank said.
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