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I know banks as a lending and deposit taking entity are licenced through APRA but it came as a surprise to learn that individual bank managers are not licenced. In fact Im not aware of any bankers as individuals having to be licenced any where in the world. We need a licence to drive to the...

Why do so many people naively call units ......Apartments?:rolleyes: Apartments is an American term and was not used in Australia until the last 10yrs or so when real estate agents discovered it and started using it because it sounds classier ? The only problem is that in America an...