Emergency funds on the minds of Australians post-COVID-19
More Australians are rethinking the need for an emergency fund, as the impacts of COVID-19 send many households’ personal finances reeling.
How to set up a savings account for emergencies
The recent pandemic has given many Australians a financial wake-up call, with a new report indicating that more of us are now planning to put more of our savings aside in case of future emergencies.
The best bank accounts to park your money in for June 2020
Thankfully, there are still a range of helpful and competitive transaction and savings accounts on the market – you just need to do a little research.
Savers squeezed again as ANZ cuts rates
Australia’s fourth largest bank, ANZ, has today cut its bonus savings rates by 0.15 per cent and some term deposit rates by up to 0.25 per cent.
State of play - savings accounts then and now
It’s more important than ever for Aussies to take charge of their finances and ensure they’re getting the most competitive deal on their savings account(s).
ING offers savers lifeline amidst coronavirus crisis
ING has offered its savers a lifeline amidst the COVID-19 crisis, as more and more Aussies find themselves out of work and/or on a reduced income.
How the coronavirus has affected how Australians save and spend
Australians are changing the way they save and spend money, as the impacts of COVID-19 on people’s everyday lives become more noticeable.
CBA savings rates changes a reminder to give your savings a health check
Australia’s biggest bank, CBA, has cut the bonus rates on its Goal Saver account today by up to 0.35 per cent while increasing the base rate on this account by 0.09 per cent.
The savings accounts with higher interest rates than home loans
While home loan interest rates have plunged to as low as 2.09 per cent, some banks have lifted their short-term savings rates to as high as 2.65 per cent for new customers.
What are ADIs and how could they protect your savings?
With the RBA slashing Australia's cash rate, and big banks cutting savings rates, it's getting harder and harder to find savings accounts paying interest at a rate higher than inflation. In times like these, many Aussies are searching for alternative options to the big banks to help grow their wealth.
Westpac the last of the big four to cut savings rates
Australia’s second largest bank, Westpac, has this afternoon announced it will cut savings rates between 0.05 and 0.25 per cent, effective from Tuesday next week.
NAB and ANZ take the knife to savings rates post RBA cut
Australia’s 3rd and 4th largest banks, NAB and ANZ, have today dropped interest rates on savings accounts on the back of this month’s cut to the cash rate.
Regular savers take the fall as CBA cuts bonus rates
Australia’s biggest bank, CBA, has today cut interest rates on some savings accounts by up to 0.30 per cent on the back of last week’s cut to the cash rate.
Today's top savings accounts products