The Julian calendar had observed a leap year every four years, but this meant time had drifted out of alignment with the dates of celestial events and astronomical seasons.
The rate changes took effect on Friday, with Westpac increasing its variable rate to 6.49 per cent, Commonwealth Bank to 6.59 per cent and NAB to 6.54 per cent. ANZ now has the highest variable rate among the Big Four at 6.75 per cent.
The facility has attracted contributions from 23 investors, according to Albanese, with support coming from the Pacific and other parts of the world. Australia is a founding contributor.
Senator Dave Sharma
For generations, Indian Australians have come to this country with a belief in the Australian promise that hard work, ambition and enterprise...