
If interest rates drop, what will you do with your savings?
NAB has a well-being index that tells us quite a bit about how much Aussies want to save, matched up against how much they actually stash away, on average.
Read MoreNAB has a well-being index that tells us quite a bit about how much Aussies want to save, matched up against how much they actually stash away, on average.
Read MoreAs the year comes to a close and we reflect, some of us might be thinking about how we might better go about achieving our savings goals. You might not realise it but savings accounts aren’t the only tool in our financial belt.
Read MoreRising interest rates have had at least one positive side effect: term deposit rates are looking better and better. And if you are looking for a secure place to stash your money for the short or long term, there’s one bank leading the pack on rates.
Read MoreBig bank ANZ reduced several term deposit rates last month, with the biggest drop being 60bp (0.60%) on its 4-month term rate, as per Mozo data.
Read MoreWith interest rates sitting high, more Aussies are looking to park their savings in a safe place to help their money grow. One way people are achieving this is by taking out a short 6 month term deposit, but is it worth doing?
Read MoreTerm deposit rates are rising faster than high interest savings accounts rates right now, causing fixed deposit rates to hit highs not seen in years and fuelling a surge in consumer demand.
Read MoreCommonweatlh Bank now offers a special 18-month term deposit with a 4.00% p.a. interest rate.
Read MoreTerm deposits are a no-brainer for some savers because you simply stash your money away and forget it. Then with a good interest rate, your initial deposit comes back a little bigger.
Read MoreCommitment-phobes beware because we’re talking term deposits!
Read MoreWhat's the point of a term deposit? Despite my role as a finance journalist, I was recently stumped in answering this question.
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