Why we need 6.5 million

The challenge is huge, but the payoff would be tremendous in terms of stronger economic growth, higher incomes, and a more equitable and resilient economy. Technology is redefining the Australian workforce and the skills needed to remain competitive, according to AWS director and country leader for Australia and New Zealand Iain Rouse. The rate of interest that you pay on a Fixed Rate Loan will be the aggregate of two components: the margin; and the fixed rate, for an agreed fixed rate period.

The Fixed Rate Loan terms and conditions are set out in the agreement which will be provided to you by your relationship team. So if interest rates did go up, the fixed rate component of the interest will remain the same during the fixed rate period. If interest rates fall, there will be no benefit from the decrease in interest rates.

If a Fixed Rate Loan is cancelled or repaid earlier than scheduled, there may be a cost payable in the form of a fixed rate breakage sum which can be a substantial amount.

An illustration of potential fixed rate breakage sums will be provided to you before agreeing to any fixed rate offered by us. You can also request an indication of potential breakage costs at any time. You'll have the option to simply pay off your existing loan amount if there is a remaining balance at the maturity of the fixed term , or re-finance onto another Fixed Rate Loan agreement or an alternative risk free rate product.

Please speak to your relationship team for more information. Your Lending Product Options. I understand and am happy to proceed. Questions: 1 Please answer the following questions to help determine a product and reference rate you may wish to consider. Is this facility needed to manage your short-term working capital requirements?

Yes facility-needed-short-term-working-cap-yes. No facility-needed-short-term-working-cap-no. Do you wish to discuss interest rate risk management?

Yes interest-rate-risk-management-yes. No interest-rate-risk-management-no. Do you need the ability to re-draw your facility limit? Yes re-draw-facility-limit-yes. No re-draw-facility-limit-no. Sustainability Leadership Business Innovation Subscribe. Digital Intelligence Unit. Reskilling Australia RMIT analysis released last week found a similar looming shortage of dedicated technology workers while Australian technology companies are calling for a new IT internship program to rectify the currently underskilled graduates.

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