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The Freedom Business Account is a flexible, convenient account that allows you to minimise fees with fee-free Internet and Phone Banking transactions. You have easy access to your money at all times, starting with unlimited fee-free online transactions.
The St.George Freedom Business Account combines both convenience and flexibility. Business customers can make use of internet and phone banking completely free of charge making this account ideal form companies who wish to cut down on their monthly bank fees and enjoy freedom in the process.
The account charges a nominal monthly fee and holders are entitled to up to 15 free branch or ATM deposits every month.
St.George also provides free taxation and legal advice online which is great value for small and medium enterprises who can use the service to cut down on consultancy expenses that can at run into thousands of dollars.
Business owners can also use the account to set up an overdraft facility which is particularly useful for managing cash flow.
Business owners can also configure their account to send them SMS updates which enable them to stay on top of their balances and remain aware of any deposits or withdrawals which is very useful for managing money.
Holders of the St.George Freedom Business Account have 24/7 access to their fund either through internet or phone banking, by EFTPOS, Cheque or ATM
Over $200 million has been stolen from Australian financial institutions by employees over the last 13 years with most thefts the result of gambling addictions.
123 people have been caught for such offences and since January 2000 there were 120 cases of fraud nationally according to the Employee Fraud in Australian Financial Institutions. There were 69 cases of fraud involving Australia’s big four banks. Continue reading
The number of home loans that received approval rose in September in response to low interest rates. According to the Australian Bureau of Statistics the number of owner occupied mortgages that were approved increased by 4.4 per cent which is well ahead of analyst expectations of 3.5 per cent.
The rise in home loan approvals comes a month after the Australian central bank eased interest rates to a record low of 2.5 per cent. Continue reading
Australians seem to be a forgetful lot, aside from the fact that there is an estimated $16.8 billion sitting in lost superannuation, but apparently there is a further $832 million in foreign currency just sitting in drawers and $1.2 billion in unclaimed cash.
The Australian Securities and Investments Commission (ASIC), says at the end of May there was a further $417 million of unclaimed cash which comes from life insurance policies, shares and old bank accounts that are dormant. Continue reading