![](/static/253f0d9b/assets/icons/icon-96x96.png)
![](https://sh.itjust.works/pictrs/image/9fd9cf6b-eac8-4899-a53f-c6f0a49f6562.webp)
6·
26 days ago25 - 30 years is the norm in Australia for a mortgage. But a fixed interest rate can only be set for 1 - 5 years at a time.
25 - 30 years is the norm in Australia for a mortgage. But a fixed interest rate can only be set for 1 - 5 years at a time.
1194 in Australia, it was discontinued in 2019 after 66 years. It’s now on the internet http://1194online.com/
Sort of along the same vein - as unions grew weak in Australia a different way to represent workers was needed. Industry Superannuation funds were created. Workers pay into these retirement funds which in turn invest in the companies. These funds now represent the investors interest in the companies the investors work at.
You’d be surprised. A little window rattler AC could be powered by such a setup - ie I have a 1.6kw cooling A/C with an input rating of 490W, I’ve measured it to be around that. That will cool a bedroom somewhat. The issue will be the surge power when the compressor kicks in, so maybe add 50%.