Savings Account News

Students on Youth Allowance entitled to extra $550 coronavirus stimulus payment

The government has included students on Youth Allowance, Austudy and Abstudy in the COVID-19 stimulus package.

By Alex Brewster ● March 24, 2020

The Federal Government recently announced it would allow those affected by COVID-19 to access some of their superannuation balances early.

By William Jolly ● March 24, 2020

Major banks have announced significant increases to term deposit interest rates, despite the Reserve Bank of Australia's emergency cash rate cut.

By William Jolly ● March 20, 2020

Economists have forecast Australia will fall into a deep recession as a result of the fallout from COVID-19.

By Alex Brewster ● March 18, 2020

New research has revealed the early impacts of the Australian bushfires and COVID-19 on our spending intentions.

By Alex Brewster ● March 17, 2020

Westpac, as well as its subsidiary RAMS, have both cut savings account interest rates today by 25 basis points.

By William Jolly ● March 17, 2020

The Morrison Government is considering rolling out a second stimulus package to cushion the economic blow from the global coronavirus pandemic.

By Emma Duffy ● March 16, 2020

Major banks ANZ and NAB have joined the chorus of institutions slashing savings account interest rates in March.

By William Jolly ● March 16, 2020

The government's $17.6 billion dollar stimulus package was announced yesterday, and industry response has been mixed.

By Harrison Astbury ● March 13, 2020

Interest rates on some of Australia's market-leading savings accounts have been slashed in wake of last week's the cash rate cut.

By William Jolly ● March 13, 2020