Are rising term deposit rates the silver lining to home loan rate hikes?
Term deposit rates for terms of 1 - 3 years are at the highest they've been since 2017, upholding the continuous trend of rate increases.
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Is now the perfect time to nail down a tasty term deposit rate?
Stashing away a stack of cash in a good value term deposit might have been a surefire way to grow your nest egg in years gone by, but over the past 18 months saving rates have been on a downward spiral - until now that is.
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Bank First launches innovative interest-first offer as term deposit rates begin to creep up
Long-term savers may soon get some much-needed relief, with term deposit rates trending upward, and an innovative new product from Bank First recently hitting the market.
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Award winning term deposits to grow your savings stash
If it’s time you locked your rainy day fund away to grow, you might be on the hunt for an excellent term deposit offer - and the good news is, for those who know where to look, there are still some top spots to stash your savings.
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Term deposits could still offer a safe ‘set and forget’ option despite rates trending down
Savers looking for a ray of sunshine to start the new year could be forgiven for shedding a tear, with the first few weeks of 2018 seeing the ongoing downward trend of many term deposit rates continue.
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Shop before you lock: Term deposit choice could cost you $500
Australians looking for a safe place to stash their savings could be forgiven for glancing at term deposit rates with a weary eye, especially given the fact that, according to Mozo data, there have been 65 cuts from providers already this month.
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Want a better return on your rainy day fund? Lock it in a term deposit
Term deposit rates have been falling for months now, but recently there have been a few good value options available for savvy savers who know where to look, Mozo data shows.
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ANZ provide relief for savers but term deposit rates continue to slide
ANZ has bucked the trend of falling term deposit rates by upping its 9-month Advance Notice Term Deposit rate by 50 basis points to 2.70% as a handful of banks and financial providers continue to cut rates.
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ANZ boosts longer term deposit rates for savers
In a surprise move potentially indicating the bank is preparing for a higher cash rate climate, ANZ has lifted term deposit interest rates attached to its 1, 2 and 3 year terms.
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Term deposit rates leave savers scraping at the bottom of the barrel
Only nine months ago, the average 2 year term deposit rate offered by the big banks was 3.13%, fast forward to present day and for the same term savers are facing a return of just 2.48%.
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