Savings Account News

86 400 to halve savings account deposit limit for its maximum interest rate

Neobank 86 400 has made a significant change to its savings account, cutting in half the maximum deposit limit.

By William Jolly ● September 18, 2020

The latest data shows we've been stockpiling cash over the pandemic months, but interest rates on cash aren't too crash hot at the moment.

By William Jolly ● September 18, 2020

People relying on JobSeeker will need to up their job searching to receive the benefit.

By Alex Brewster ● September 18, 2020

Australia's unemployment rate has fallen to 6.8% in August, down from 7.5% in July.

By Alex Brewster ● September 17, 2020

Despite COVID job losses impacting women most, the federal government's proposed income tax cuts will benefit rich men twice as much as women.

By Emma Duffy ● September 16, 2020

Planned cuts to JobSeeker payments could cost the economy billions and scar the job market for years.

By Alex Brewster ● September 15, 2020

The coronavirus pandemic has changed our economy and way of life on a scale not seen for generations. Here's a summary of all key ways it did.

By William Jolly ● September 14, 2020

Withdrawals made through the COVID-19 superannuation early release scheme have hit the $33 billion mark, the latest data shows.

By William Jolly ● September 14, 2020

Good Shepherd Microfinance has announed an extension of its financial support for those impacted by coronavirus, with the support of major bank NAB.

By William Jolly ● September 09, 2020

Deferit, a payment platform that helps people pay their bills on time, has seen a 40% increase in signups since COVID began.

By Alex Brewster ● September 08, 2020