The annual cost of a ‘comfortable’ retirement for 65-year-old retirees has risen to $60,977 for couples and $43,317 for singles, according to the latest figures.
Labor leader Bill Shorten will announce a $640 million levy on Australia’s large banks and financial institutions, aimed at supporting those ripped off by the financial sector.
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.