UBank cuts savings account interest rates again

UBank has today slashed the interest rates on its savings accounts by 19 basis points, taking the maximum rate on its ‘USaver with Ultra’ account down to 2.41% p.a.

What are deeming rates and how do they work?

You may have recently heard a fair amount of talk about deeming rates lately. Find out what they are and why they’re a hot topic right now.

Will savers continue to struggle after another RBA rate cut?

After a second consecutive rate cut on Tuesday, much of the focus has been on which lenders are cutting home loan rates and by how much. But with interest rates falling to new record lows with each rate cut, Australians shouldn’t forget about the impact this can have on savings accounts and term deposits.

NBN proposes a ‘Netflix tax’

The NBN has floated the idea of charging its users an additional fee to use streaming services on its network.