Term deposit movements: Three big banks drop rates

ANZ, National Australia Bank, Commonwealth Bank and a number of other banks have dropped interest rates on term deposits over the past week ahead of Tuesday’s widely-anticipated cash rate cut.

Term deposit rates drop by the day in May

A plethora of deposit-taking institutions have dropped term deposit interest rates in May – and the month isn’t even halfway through yet.

Average term deposit rate drops in March

Retail term deposit interest rates have fallen on average again in March, following several high profile rate drops from major banks.

UBank launches ‘green’ term deposit product

UBank has unveiled the ‘world’s first’ ‘green’ term deposit for consumers, designed to attract the savings of environmentally-aware millennials.

Two RBA cash rate cuts in 2019: NAB

National Australia Bank has become the second ‘big four’ bank to forecast Australia’s cash rate to be cut twice to reach 1.00% by the end of the year.