Don't let your savings dwindle: too many Aussies leave their money in low interest accounts

RateCity StaffMay 31, 2012( 1 min read )

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Financial inequity extends beyond the workforce: research

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Nov 29, 2016( 3 min read )

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Savers bear the brunt of rate cut

Almost a dozen providers have slashed interest rates on savings accounts, with some handing down cuts that exceed last week’s RBA cash rate cut, new research from RateCity.com.au shows.

May 11, 2016( 3 min read )

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Cash rate holds at 1.5%, yet mortgage stress on the rise

The RBA has left the cash rate on hold at the historical low of 1.5 per cent today. Yet, new research shows that the financial pressures of paying off a home loan are increasing.

Dec 6, 2016( 2 min read )

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RBA stalls, yet home loan rates continue to drop

The RBA may have left the cash rate unchanged at 1.50 per cent at today’s Board meeting, but home loan rates continue to drop with close to 200 cuts in the past month.

Oct 4, 2016( 2 min read )

Leaving your cash in a low interest account could cost you hundreds of dollars per year. Australians earning the average income need to earn at least 3.2% interest to stay ahead of inflation. Savers urged to keep a close eye on savings account rates this year.

RateCity Staff

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Yes, it may be possible to get a $1,500 payday loan with bad credit. Some payday lenders give loans to people with bad credit histories if they believe the borrower has the capacity to repay the loan.

Under Australia’s responsible lending rules, lenders aren’t allowed to approve $1,500 payday loans if they don’t believe the borrower can make the repayments.

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Don't let your savings dwindle: too many Aussies leave their money in low interest accounts

Related articles

Financial inequity extends beyond the workforce: research

Savers bear the brunt of rate cut

Cash rate holds at 1.5%, yet mortgage stress on the rise

RBA stalls, yet home loan rates continue to drop

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