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Question 1

Tamara Chan is an Architect who has been running her own business for the past 2 years. She specialises in large residential additions and alterations.

As her business expands, Tamara realises that she needs to review her business accounts to ensure that she is maximising the income she earns as well as using the funds to grow her business. She has the following requirements:

  • Easy access to funds, 24 hours a day, seven days a week
  • Earn high rate of interest on her balance – it is usually over $10,000
  • Save on fees

Which Cash Management saving solution may potentially meet Tamara’s needs?

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