Across
- 2. a person who has agreed to work for a skilled person for a particular period of time and often for lower wages in order to gain knowledge and skills about a particular job — for example, an apprentice plumber
- 4. a period of time after a sale contract has been signed, during which the buyer can cancel the contract without receiving a penalty
- 8. details the exact condition of a property when new tenants move in
- 11. costs those costs that keep on recurring such as rent, mortgage and electricity bills
- 13. usually one week’s rent that will reserve the premises for a person while their application for tenancy is being considered
- 14. a legal contract between a tenant and a landlord that allows the tenant to use the landlord’s property in return for rental payments. Once a lease is signed, it is a legally binding document
- 16. the person who is covered by the insurance policy
- 17. a central fund of money that has been contributed by a group of people (e.g. flatmates).
- 18. money that is lodged with the Rental Bond Board. It is used to cover any damages or cleaning costs if the rented premises are left in an unsatisfactory condition
- 21. the standard agreement between tenants and a landlord when a house or flat is being rented
- 22. a list of income and likely expenditures centrelink the main federal government welfare agency. It provides financial assistance as well as counsellors and social workers to those in need
- 23. the company that is providing the insurance
- 25. plastic card that allows you to buy goods by electronically transferring money out of your account into the store’s account. It can also be used to obtain cash
- 27. items that can be used to reduce your assessable income, thus reducing the amount of tax you pay
- 29. services largely funded from within the community to provide something that is desirable but not profit making
Down
- 1. the things that an insurance policy covers
- 3. a unique personal reference number
- 5. the payment of an amount of money that covers a person or property in the event of loss, damage or accident so that the person does not suffer a severe financial setback
- 6. a loan from a financial institution such as a bank where something is held as security in case the loan is not repaid, e.g. a house
- 7. an official copy of your birth registration held by the NSW Registry of Births, Deaths and Marriages, including information such as name and place of birth
- 9. expenses that are the same amount every time — for example, monthly rent, or a minimum charge of $40 per month for a mobile phone
- 10. one-off costs for setting up a new place to live or a business
- 12. a card issued by the government to individuals or families which they can use to access free health care by a doctor and access free health care at a public hospital
- 15. the things that an insurance policy will not specifically cover
- 19. in a progressive tax system, as a person’s income increases the percentage that is paid in tax also increases
- 20. the person who owns the premises being rented
- 21. a place of shelter which keeps a person safe and protects them from danger — for example, a youth refuge
- 24. an additional tax of 2% of income used to fund the Medicare system
- 26. a high-cost, short-term and small amount loan. The borrower agrees to pay back the loan when they receive their next pay
- 28. the amount of money to be paid to receive insurance cover