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The information on this web page is a guide only. Potential investors in QTC’s designated investments should refer to the application form and accompanying terms and conditions, which can be accessed by completing the form at the end of this page.

FREQUENTLY ASKED QUESTIONS

What is Queensland Treasury Corporation (QTC)?
QTC is a corporation sole incorporated in Queensland, Australia. As the State’s corporate treasury services provider, our role is to implement the operational functions of a corporate treasury for the benefit of our customers and the State. QTC is not prudentially regulated in respect of the Designated Investments accepted by it. Payment of interest, and payment of principal on maturity, is guaranteed by the State of Queensland. QTC’s equity as at 30 June 2008 was A$292,644,000.

For more information about QTC, click on the following links:


What is QTC’s role in the Designated Investments scheme?
The Bonds offered by QTC satisfy the criteria of a Designated Investment under the following programs administered by the Department of Immigration and Multicultural and Indigenous Affairs (DIMIA):
  • Business Skills Migration
  • Investor/Sponsored Investor Migration
  • Investor Retirement Migration

For more information about Designated Investments, please refer to the Department of Immigration and Multicultural and Indigenous Affairs.

What investment amounts and terms does QTC offer?


Migration categoryInvestment amount Investment term
Business Skills MigrationA$750,000 or A$1,500,0004 years
Investor/Sponsored Investor MigrationA$750,000 or A$1,500,0004 years
Investor Retirement MigrationA$250,000, A$500,000 or A$750,0004 years


Please refer to the Department of Immigration and Multicultural and Indigenous Affairs for the amount you are required to invest.

Any fees incurred as a result of transferring funds to QTC must be paid by the investor. Please confirm the costs involved with your financial institution.

How do I obtain current interest rates?
Interest rates are updated daily by QTC. The interest rate is determined by QTC having regard to prevailing market rates on the date of receipt of the full amount of the investment funds. Indicative daily interest rates can be obtained by contacting QTC’s registry, Link Market Services Limited (Link). View current interest rates

Are the Bonds secure?
The Queensland Government guarantees the payment of interest and the repayment of principal at maturity. Click here for more information about the Queensland Government Guarantee.

Does QTC charge any fees?
No. QTC does not charge any up-front or ongoing fees relating to the investment.

How do I receive my interest and principal?
Interest and principal payments are either paid by cheque or direct credit to an Australian Bank, Building Society or Credit Union account. If, at the time of the investment you cannot provide Australian banking details, these details may be provided later to Link.

Australia has an interest withholding tax regime. QTC strongly recommends that investors seek independent professional Australian tax advice or contact the Australian Taxation Office prior to purchasing the Bonds.

How do I get an application form?
To access QTC’s Designated Investments application, please fill in your details below. If you would prefer an application form to be posted to you, contact Link (details are below).

Do the tax file number and exemption sections need to be completed ?
Yes. Your application cannot be processed until one of these sections is completed. The section that you are required to complete is based on your personal tax situation and residency status. For further information on Tax File Numbers and exemptions, please contact the Australian Tax Office.

What happens once I have sent the application form and the investment funds?
Once Link confirms that the funds have been received into QTC’s Bank account, and it has received all original documents, the following will occur:
  • Link will endeavour to process your application promptly (usually within one business day),
  • Link will issue a Certificate of Inscription confirming the investment details (usually within 7 to 10 business days), and
  • Link will also send your signed DIMIA form to the Department of Immigration and Multicultural and Indigenous Affairs. DIMIA will then process the applicable form and contact you.

Who do I contact after the investment has started?
Once you receive confirmation that the investment has started all enquiries are to be directed to Link (details are below).

Who do I contact if my details change?
If you have changed your address, contact details or banking information, you need to notify Link (details are below).

How do I contact Link?

Link Market Services Limited
Level 12, World Square
680 George Street
SYDNEY NSW 3000

or by mail,

Link Market Services Limited
Locked Bag A14
SYDNEY SOUTH NSW 1234
AUSTRALIA


Phone: 1800 777 166 (freecall within Australia)
      +61 2 8280 7559 (calling outside Australia)

Email: qtcregistery@linkmarketservices.com.au


APPLICATION FORM

To access the QTC Designated Investments application form, please fill in your details and click on the ‘Confirm’ button below.
 
Name:
Email address:
 
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