Australia’s biggest bank and one of its smallest challengers may seem worlds apart, but both have term deposits designed to give savers certainty. While Judo Bank leans on sharp rates and a low entry point, CommBank offers the weight of a household name and more options at maturity. Here’s how their term deposits stack up.
If you’re looking for a home loan that offers a low rate while still having the familiarity of a Big Four bank, Ubank and Unloan are two options to consider. These two online-only providers have similar big bank heritage, with Ubank falling under NAB’s umbrella, while Unloan is owned by the Commonwealth Bank.
When it comes to term deposits, Judo Bank and NAB take different approaches. Judo targets savers with competitive short-term rates, a low minimum deposit and a loyalty bonus that rewards reinvestment. NAB, meanwhile, asks for a higher starting balance but gives customers greater choice over interest payment frequency and a streamlined renewal process through its app. Here’s how the two compare.
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If you’re ready to lock away savings but aren’t sure whether flexibility or a familiar name holds more appeal, this side-by-side breakdown of Judo Bank versus Westpac sheds light on key distinctions. While Judo invites savers with its low entry barrier and rollover rewards, Westpac offers comforting brand legacy and an online bonus for digital-savvy customers. Here’s how their term deposits differ – and which might suit your savings strategy.
When you're looking to grow a lump sum with confidence, your choice of institution and term matters. This comparison explores how a nimble, customer-focused provider, Judo Bank, measures up against the established might of ANZ. From flexibility in term lengths and low minimum deposits to loyalty bonuses and withdrawal terms, here's what you need to know to decide which term deposit could best suit your savings style.
NAB and Westpac are the last of the major banks to finally lower their variable rate home loans this week, two weeks on from the Reserve Bank’s decision to cut the cash rate by 0.25%.
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‘They’re short-changed twice.’
Welcome to Mozo Money Moves, your weekly guide to the shifts shaping your money. This week’s wrap covers both relief and reality: while fixed home loan rates have tumbled below 5% and borrowers enjoy cheaper repayments, the RBA’s minutes warn of slowing productivity and modest long-term growth. We also unpack a surge in home loan demand, the government’s expanded Home Guarantee Scheme, and new comparisons across savings accounts, term deposits and super funds. Plus, we look at fresh offerings from ING and OFX that could help boost rewards and protect small business margins.
If your savings mojo has been dormant over the winter months, Spring is here and this means it’s time to jolt out of hibernation so that you can hit some goals by the end of the year.
The Reserve Bank of Australia (RBA) has already cut rates three times this year, and with the possibility of more reductions later in 2025 and into 2026, savings rates are trending lower. That makes it more important than ever to pick the right type of account – one that won’t just look good today, but will still deliver decent returns months down the track.
Australia’s central bank has slashed the cash rate to 3.60%, the lowest it’s been in two years, providing mortgage holders with extra relief following cuts in February and May. But while households rejoice, the Reserve Bank of Australia (RBA) warns that slowing productivity and modest wage growth could weigh on long-term economic growth, signalling that cheap credit is not a cure-all and that the economy faces deeper structural challenges.
Aware Super and UniSuper have more in common than you might think. Both are profit-for-member super funds that grew up serving professionals, with Aware's background in public service, health and education, and UniSuper's in the university and research sector.
ING has launched a new feature called Pocket Perks, giving its customers cashback when they shop at a range of popular retailers. Instead of points or complicated sign-ups, the program is designed to work automatically in the backoground whenever you use an eligible ING card.
Welcome to Mozo Money Moves, your weekly round-up of what’s moving your money and shaping your financial decisions. With travel back on the agenda, this week we're kicking off by revealing the top travel destinations of 2025. We'll also dive into the future of investing with a look at AI trading, a growing trend that comes with a few key lessons for Australian investors. Finally, we'll explore why a generation often stereotyped as digital-first could turn to the humble term deposit, plus a breakdown of the banks that have cut savings rates.
The Reserve Bank of Australia (RBA) has moved to support borrowers, cutting the official cash rate by 25 basis points to a new low of 3.60%. But what's good news for home loan holders could be bad news for savers, with banks already beginning to reduce their savings rates.
The promise of artificial intelligence (AI) to revolutionise online share trading is no longer a distant vision – it's here. Australian investors, from DIY traders to those working with financial advisors, are already using AI tools to gain an edge. However, the path to AI-powered profits is fraught with risks.
There’s a perception that term deposits are a dated savings vehicle, especially among younger Australians. While Gen Z has shown a preference for more flexible and potentially higher-return investments, a closer look at the current economic climate and the nature of these alternatives reveals a strong case for revisiting the humble term deposit.
If you’re weighing up ING’s savings accounts, these two options compete by offering different ways to earn interest – one through monthly activity, the other through higher balances.
According to the latest release from the Australian Bureau of Statistics (ABS), Australians took more than 12.3 million overseas trips in the year to June 2025. And do you know what that means? It means, travel-wise, we’ve finally put COVID squarely in the rear-view mirror.
Welcome to Mozo Money Moves, your weekly round-up of what’s moving your money and shaping your financial decisions. This week, the Reserve Bank of Australia (RBA) has once again taken centre stage, delivering a widely anticipated rate cut in a move to further support the economy. While this is music to the ears of borrowers, not all lenders are playing the same tune, with a noticeable lag from some of the biggest players in the market.
The Reserve Bank announced it would slice 25 basis points off the cash rate at its August meeting, and while most banks are making customers wait up to two weeks before getting rate relief, two lenders have passed on the cut immediately.
The Reserve Bank of Australia (RBA) trimmed the cash rate at its latest meeting in August – down 25 basis points from 3.85% to 3.60%.
As Australia approaches 2026, the outlook for savings rates is marked by an expectation of further rate cuts by the Reserve Bank of Australia (RBA). After a period of aggressive hikes from 2022 to mid-2025 to combat inflation, and a series of cuts beginning in early 2025, the RBA's focus is shifting toward supporting economic growth. This is a contrast to the high-yield environment savers enjoyed in 2024 and early 2025.
Retirement dreams for many Australians came crashing down recently, with the collapse of investment funds First Guardian and Shield Master. According to reports, some lost as much as $500,000 or more in superannuation, with little time left until retirement to rebuild.
Welcome to Mozo Money Moves, your weekly round-up of what’s moving your money and shaping your financial decisions. This week, the conversation is dominated by the looming prospect of a cash rate cut, following the RBA’s surprising decision to hold steady in July, which caught markets and economists off guard. We’ll cover the flurry of activity in the home loan market ahead of next week’s August meeting and break down how banks are responding, from new competitive offers to eyebrow-raising rate hikes and how fast (or slow) lenders will act to implement cuts for borrowers.
Bank of Queensland (BOQ) if offering a standout two-year fixed home loan rate of 4.89% p.a. (5.62% comparison rate*) for owner-occupiers – the lowest 2-year fixed rate in Mozo’s database.
With a Reserve Bank of Australia (RBA) cash rate cut all but locked in for Tuesday 12 August, the race is on to see which lenders will deliver relief to borrowers first – and which will drag their feet. A 0.25 percentage point cut could save the average mortgage holder hundreds of dollars a year, but history shows not every bank passes it on quickly, or in full.
ANZ Plus has quietly raised its variable home loan rates for new customers by 0.16 percent.
Tax time can mean a welcome windfall for many Australians, with refunds starting to land in bank accounts over the coming months. While it’s tempting to spend it straight away, putting even part of your refund into online share trading could set you up for longer-term gains.
The NBN is getting a huge speed boost next month, and new plans will soon be rolling out with insanely fast speeds of up 2,000Mbps – that’s double the speed of anything that is currently available.
Welcome to Mozo Money Moves, your weekly round-up of what’s moving your money and shaping your financial decisions.
It’s hard to believe, but we’re already over halfway through 2025, and Christmas will be here before we know it.