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Term Deposit 8.40% for 2 years

Westpace is offering the high interest rate 8.40% for term deposit for 2 years. With the hint from RBA that interest rate may fall, this seems a pretty good deal. # No set-up, monthly service or management fees # Competitive fixed interest rate on balances of $5000 and above # Interest paid annually They also have 7.8% offer for 3-month term deposit. See Westpac for more details.

Commsec Cash Management Account

Forget about CDIA!!! We have the better account now. Commsec is now offering the Cash Management Account which contains a cash account and an investment account. With the investment account, we can earn the interest rate of 7.5%pa. Yes, 7.5%! Both accounts offer no monthly fee. Unlimited electronic transactions; meaning unlimited withdraw from CBA ATM's (using MasterCard Debit Card.) Please see more details on Commsec .

ING Direct - Savings Maximiser rate is going up - and up

Great News! Savings Maximiser's standard variable rate is increased from 6.90% p.a. to 7.00% p.a. effective 23 June 2008. Plus the promotional interest rate from 7.90% p.a. to 8.00% p.a. effective 23 June 2008, which you can earn on any eligible deposits you make up until 30 September 2008. This is better than term deposits offered by major banks.

Inflation

The inflation hit Australia! Fuel price is increased greatly. Rice price was doubled in the past month. I think it's time to track where we can find the best bargain around the town, Melbourne. Rice: I think the Jasmine Rice (I love Coles) is the best value. Its current price is $17 for 10 kg. The taste is among the greatest; much better than the long grain rice. I will start posting best value essential food when I find one.

You might be able to get away paying speeding fines.

From www.fines.vic.gov.au under Official Warning sub menu: If you have received a Traffic Infringement Notice for a minor offence and you have a good driving record, you may be able to apply for an official warning. You may apply to receive an official warning if you: * hold a current drivers licence (including probationary licence but not including a learner drivers permit) * have not been issued with a speeding or other traffic fine or official warning within the previous two years * were caught doing less than 10 kilometres per hour over the speed limit * do not deny that you were speeding. Each application for an official warning is judged on a case-by-case basis and is subject to the discretion of Victoria Police. To get more information about your eligibility for an official warning call Civic Compliance Victoria on (03) 9200 8111, between 8am and 6pm, Monday to Friday. Callers from regional Victoria can contact Civic Compliance Victoria on 1800 150 410 for the c...