debsy

Thats right Alan
The treasury dept deducted the interest before they paid us.

pete n lisa

Snap, we did exactly the same, Queensland are really helpful, if you need telephone nos and address, pm me.

Best wishes

Pete n Lisa

Timber Floor Au

Thanks for all the Info. Really appreciated. Does anyone have any Links so that we may get information Online?

After the 1 year period is up, what is the best way and safest, with a high yield, of investing this money??

Cheers Steve

Larissa

bump
Does anyone know how to get hold of the treasury details coz I can't find them on the immi- website.
Ta

debsy

L Pmd u

Dreamaway 10

Interesting info,we are in exactly the same position but do not need to do anything for some time.Glad to hear that it is fairly straightforward .Ou agent said the same don't worry until the time comes as they will provide all the info we need.
Good Luck Everyone It's a lot of money to part with but worth it for the extra points.

phyonics

yep, thats our way of looking at it too
its a lot of cash, but its the difference in going and not going to Oz.......so that kind of makes it worth it to me?


I do feel sorry for the people that had got the required number of points pre-April including posting the bond, only to get the rug pulled out from under their feet.

Marko

clandfam

What do you mean by "got the required number of points pre-april, only to get the rug pulled from under their feet".

Don't panic, Don't panic!!!!

Timber Floor Au

Points score for skilled Ind, changed.

sj oldfield

Timber if you havent sorted it yet, PM either Lisa, Nosuchluck or footie.
They all helped me prepare for my bond request.

Wolves2stayup!

Is anyone in the same position as us? We're reliant upon the sale of our house to provide us with our funds to lodge the bond? We just putting house on Market and hopefully have someone interested! Are adelaide really strict on timescales? apparently you get 49 days from receipt of letter to lodge bond, how understanding are they? If at all!

Sam and Paul

Larissa

We bank with HSBC (plus have mortgage with them) and raised the money against our house (re-mortgaged) but we had to pay about £100 (I think) to get the place re-valued. We recently drew down the money and then changed it into dollars, we had this all arranged with the bank for some time, but didn't have to pay interest until now. The house is on the market, just need a buyer!

lollykay

Hi

we have just paid our bond as we are moving to Brisbane, don't worry Adelaide send you all the infor you will need.

we opened a Commonwealth of Oz bank account and having phoned around for the best 'spot rate' used the commonwealth.

They automatically forwarded on to the Treasury Corporation the funds. It is very safe and we get 5.19% paid twice yearly into our oz bank account. You can redeem in one year. we do not intend to move down until third week of June 05 and we will have the bond back well before we move down under.

Word of advice, the form 1134 which you have to send along with the application form. Make sure you have a certified proof of posting and chase the Treasury Corp to make sure they send this off to Adelaide

Hope that helps

nosuchluck

Regarding the chasing up of the Treasury Corporation, can you just email them to ask if they have received the funds and sent a copy to Adelaide?
Thanks in advance
Rach x

lollykay

The inscription bond and covering letter we received from Treasury Corp gave no details for email and the fax and telephone number was unobtainable. This led to a choice words between the other half about being diddled, but just went back to Adelaide and they gave us the correct numbers, it appears that they had not updated their papers. In the end just phoned them and got to speak to them direct.