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How to improve your investment returns

The Department of Human Services (DHS) and Westpac are pleased to be able to offer to you the chance to gain significant financial benefits through access to a Westpac High Yield Investment Account (HYIA).

This account is a joint DHS/Westpac initiative and is currently used by all Government Schools and Rural Hospitals. This initiative is made available to you in response to the sector's desire for greater access to government contracts and their associated benefits.

Involvement in this initiative by DHS is optional and offers:

  • Highly Competitive rate of interest for any deposits greater than $2000
  • No fees
  • 'At call' availability over the internet
  • A safe and secure way to access your funds.


Agencies that choose to take up the offer would authorise the department to deposit all DHS payments into the new High Yield Investment Account. You can then transfer funds from a dedicated Internet website to and from your existing bank account, which can be with any financial institution, any time you like.

This is just one of the many ways in which DHS is working to provide more opportunities for funded agencies and Cemetery Trusts. A safe and convenient way to get great returns on your funds!