odsuser2003

Dear all,

I have just received a letter from the Adelaide that my claim for the 5 points on the MODL is not valid as my specialisation is now not in the MODL. The centre advised me that one of the way I can have enough points is by capital investment in Australia.

Has anyone claimed the bonus point by capital investment ?
Is it safe for the fund invested ?
Which of the following investment corp. you have selected ?

* New South Wales Treasury Corp.
* Western Australia Treasury Corp.
* Queensland Treasury Corp.
* South Australian Govt. Financing Authority
* Northen Territory Treasury Corp.

Please help.
Derek.

kevpreece

hi derek,

you need to check what the following:

* New South Wales Treasury Corp.
* Western Australia Treasury Corp.
* Queensland Treasury Corp.
* South Australian Govt. Financing Authority
* Northen Territory Treasury Corp.

pay out in interest as they will be all different, then lodge your money with the best payer, so to speak.

your money will be perfectly safe, but you cant get it back before the 12 months is up.

hope this helps

kev

odsuser2003

Kev,

Thanks for reply.

I have asked for information about the investment details including interest rate from these corp. before. My concern is primarily on the safety of fund invested.

Derek.

kevpreece

be assured it definately is safe.

no worries

kev