millennials save money

Average six-month term deposit rate hits record low

The average interest rate on six-month term deposits has hit a new record low, according to the latest Reserve Bank of Australia (RBA) data.

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millennials save money

Royal Commission: Challenger banks warn against “one size fits all” approach to regulation

Before the release of Monday afternoon’s final report into the Financial Services Royal Commission, the Customer Owned Banking Association (COBA) has urged Australia’s politicians to remember that banking extends beyond the traditional ‘Big Four’.

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millennials save money

What affects term deposit interest rates?

While term deposit interest rates are fixed over the course of your term, banks can still change the rates they offer on new deposits and rollovers. Understand the internal and external factors that influence these movements.

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millennials save money

Does your term deposit have automatic rollover?

If you’re not careful, this condition can leave your money stuck in a term deposit you didn’t want.

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millennials save money

Term Deposit Early Exit Fees

Withdrawing from your term deposit early can cost you.

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millennials save money

A brief guide to buying government bonds

Here’s why you might consider adding government bonds to your investment portfolio.

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millennials save money

How inflation affects your term deposit & savings account returns

Don’t risk your savings going backwards because of inflation.

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millennials save money

What is an ADI?

Learn what characterises financial institutions as an ADI and what they can offer consumers that non-ADIs can’t.

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millennials save money

Should you open a joint savings account?

Opening a joint savings account with a partner isn’t a decision that should be made lightly.

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millennials save money

Why you should set up an emergency savings fund

Do you have a stash of emergency savings? If not, you should…

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