LETTER: Questions over rates discount
AS OUR family is currently making decisions on the family budget as to the choice of paying full or half-yearly rates, we have a question to raise.
If we choose to pay the half-yearly rates amount which is more than the "general" rate amount, should we not still get the discount since the discount only applies to the general rates amount?
As for paying the full yearly amount, we have calculated a $2 per week loss if not paid in full and miss the discount.
By leaving the other half on the home loan or investing it in shares we'd recoup almost the same amount as the lost discount anyway.
- Name provided,
Warwick