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RAD (Refundable Accommodation Deposit) is a lump-sum payment for aged care homes. It is fully refundable when the resident leaves, as long as there are no outstanding fees.
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NAB cuts fees for retirees

Posted
by DPS

Australia’s National Australia Bank Ltd (NAB) plans to cut fees for retiree customers.

The bank said its retirement account customers would be spared from paying monthly service fees and NAB transaction fees from 1 May.

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