Savings account news and advice

All the latest savings account news and top tips to help you manage your savings account.

What does the rba s june hike mean for savers

What does the RBA’s June hike mean for savers?

Despite many thinking there would be a pause, the RBA has once again hiked the cash rate, raising it up to 4.10% at the June meeting. For borrowers, that means more pain. However, if you’re only a saver, now may be a particularly advantageous time. 

Read More
Why you should open a high interest savings account

Why you should open a High Interest Savings Account

With recent rate hikes by the Reserve Bank of Australia causing banks to raise their interest rates, borrowers have increasingly felt squeezed. However, if you’re a saver, now might be your time to shine as high interest savings accounts have been bringing in great returns with some savings accounts as high as 5%.

Read More
Super saving kids exceeding adults in financial literacy according to kit report

Super saving kids exceeding adults in financial literacy according to Kit report

Kids as young as six years old are showing a remarkable uptick in financial literacy, according to a report by Kit. The study, covering more than 4,000 families, paints a more positive picture of family finance in comparison to the latest HILDA survey—which found each age group experiencing a decline in financial literacy and that adults struggled to answer basic questions about money.

Read More
Articles

10 savings tips for your 20s when you love spending money

Whether you want to live it up on a Euro summer trip or just have some extra cash in the bank for a rainy day, saving in your 20s can be tricky. Everyday expenses can add up and you don’t want to sacrifice your social life - money is made to be spent right? 

Read More