Term deposit news

What are the experts saying about the government stimulus?

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

By Harrison Astbury ● March 13, 2020

Morrison Government announces cuts to deeming rates

The government has today announced cuts of 50 basis points to deeming rates.

By Alex Brewster ● March 12, 2020

Stimulus announced: $750 for Newstart and pensioners

The Government has announced a $17.6 billion stimulus package which includes a one-off cash handout of $750 to pensioners and welfare recipients such as those on Newstart.

By Harrison Astbury ● March 12, 2020

UBank to cut savings account, term deposit rates

NAB-owned UBank has been quick to cut its interest rates for savers in the wake of Tuesday's cash rate cut from the Reserve Bank.

By William Jolly ● March 06, 2020

Will the Government give cash handouts?

With coronavirus sparking fears in the economy, will the Government give cash handouts like the Rudd Government did in 2009?

By Harrison Astbury ● March 05, 2020

Deeming rates to be reviewed after another RBA rate cut

Treasurer Josh Frydenberg said the government will review deeming rates after the Reserve Bank's (RBA) decision to cut the cash rate to a record low 0.50%.

By Alex Brewster ● March 04, 2020

Judo Bank makes post-RBA cut deposit rate changes

Popular neobank Judo has lowered interest rates on its term deposit products in the wake of yesterday's RBA rate cut.

By William Jolly ● March 04, 2020

Term deposit wrap: NAB, CBA and Judo each increase deposit rates

NAB, Commonwealth Bank and Judo Bank are among the key players to adjust term deposit interest rates in the past couple of weeks.

By William Jolly ● February 28, 2020

Judo Bank launches new 1.90% 3-month term deposit

Judo has expanded its term deposit offering, releasing a new product with a three month term.

By William Jolly ● February 20, 2020

Term deposit rate wrap: CBA cuts deposit rates, ANZ increases

Two of the big four banks have switched up their term deposit rates in the past week.

By William Jolly ● February 14, 2020

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