Savings Account News

Up Bank the latest to cut savings account rates

Up is the latest bank to cut interest rates for savers, decreasing its total interest rate by 15 basis points.

By William Jolly ● April 06, 2020

Australian retail turnover rose 0.5% in February 2020, seasonally adjusted, with the strong result propelled by food retailing and department stores.

By Alex Brewster ● April 03, 2020

2020 hasn’t been a particularly outstanding year for a lot of people.

By William Jolly ● April 02, 2020

A large number of health funds have announced they are delaying premium increases until later in the year.

By William Jolly ● April 01, 2020

Yesterday's $1,500 wage subsidy came as a relief to many whose jobs are at risk because of the coronavirus. But does it go far enough?

By Emma Duffy ● March 31, 2020

Neobank Volt and ING have both made cuts to their savings account rates - down to 1.65% p.a. and 1.80% p.a. respectively.

By Harrison Astbury ● March 31, 2020

AMP has just released a new introductory savings account interest rate that places it among the highest in the market.

By William Jolly ● March 27, 2020

Australian households ended the decade with surging levels of wealth, driven by rebounding property prices, new data shows.

By Emma Duffy ● March 26, 2020

Private health funds look set to abandon annual premium increases to give Australians much-needed relief during the coronavirus crisis.

By William Jolly ● March 26, 2020

New data has revealed 49% of Australian businesses have already been negatively affected as a result of COVID-19.

By Alex Brewster ● March 26, 2020