answered
Q: Hi. We have just sold our home and have a sum of money to put into term deposit. The bank we are currently with is backed by government for $250k deposits. Are we best to do 2 separate deposits and are we also best to have fall due in different financial year? We plan on buying again within 12 months. My partner is working however I am not at moment but plan to shortly.
Thank you
A: No we don't. We are renting at the moment.
