Where to see the 2018 NYE fireworks

Where to see the 2018 NYE fireworks

There’s no bigger night of the year for fireworks in Australia than NYE. Wherever you are or are planning to go to celebrate, we’ve put together a list of the best spots to see the sky light up for the night.

Sydney’s NYE fireworks

If you’re planning on seeing in 2019 in Sydney, it goes without saying that there is nowhere with a more spectacular display than the Sydney Harbour Bridge.

If you have some money for the occasion, there are bars and restaurants with ticketed entry that overlook the 9pm and midnight displays, and will have a variety of NYE-themed food and drink offers.

If you’d rather not splash the cash, there are also plenty of places in the city where you can watch the fireworks for free.

Melbourne’s NYE fireworks

While Melbourne may not hold the crown for most famous firework display, it still puts on a great show, launching 14 tonnes of fireworks from twenty-two city rooftops.

Sites include Flagstaff Gardens, Kings Domain, Docklands and Treasury Gardens for the midnight shows (for families, there is also an earlier display at 9.30pm).

Around 300,000 to 500,000 people are expected for the event.

Brisbane’s NYE fireworks

The place to be to see in 2019 in Queensland’s capital is the Brisbane River.

The South Bank is host to the most spectacular light shows, which will be held at 8.30pm and midnight.

Along the river are a multitude of bars, restaurants and hotels with ticketed nights on offer. It’s recommended that you pre-book to secure a spot and to get the best views.

Brisbane also offers river cruises where you can watch the fireworks from the water; tickets range from about $100- $200.

Adelaide’s NYE fireworks

For Adelaide’s festivities, Elder Park, next to the Torrens River, has displays at both 9pm and midnight, along with live music, food and drinks.

Other celebrations can be found at Glenelg, Brighton, North Adelaide, Normanville, Semaphore, Streaky Bay, Victor Harbor, Wallaroo, Christies Beach and Mannum.

Perth’s NYE fireworks

See in 2019 in Perth beside the Swan River (for the largest displays), Rottnest Island, Mandurah and along the Cannington River, which will all be hosting fireworks displays at 9pm and midnight.

Ticketed river cruises to view the fireworks are also available.

Hobart’s NYE fireworks

Hobart’s main NYE fireworks displays can be seen from Hobart Waterfront, Mount Wellington and Mount Nelson Lookout.

There is also a ticketed event, called ‘Taste of Tasmania’, where you can indulge in some decadent dishes and a drink or two to toast in the new year.

Canberra’s NYE fireworks

Civic Square is the place to be to watch the 9pm and midnight fireworks displays. And from 6pm, a free concert for all ages will also be held.

Darwin’s NYE fireworks

Darwin waterfront will be hosting 9pm and midnight fireworks, with live music from Aussie artists.

Did you find this helpful? Why not share this news?

Advertisement

RateCity

Money Health Newsletter

Subscribe for news, tips and expert opinions to help you make smarter financial decisions

By signing up, you agree to the ratecity.com.au Privacy & Cookies Policy and Terms of Use, Disclaimer & Privacy Policy

Advertisement

Learn more about savings accounts

How can I get a $4000 loan approved?

While personal loans and medium amount loans don’t offer guaranteed approval, there are steps you can take to help increase the likelihood of your application being approved, including:

  • Fulfilling the eligibility criteria (providing ID, proof of residency, proof of income etc.)
  • Checking your credit history (you can order one free copy of your credit file per year, and make sure that there aren’t any errors that may be bringing down your credit score)
  • Comparing carefully before applying (making multiple loan applications can mean having your credit checked multiple times, which can look bad to some lenders and reduce your chances of being approved by them)

Can you set up direct debits from a savings account?

It’s not usually possible to set up a direct debit from your savings account to cover ongoing expenses or bills, as savings accounts are structured around growing your wealth by earning interest on regular deposits, and discouraging withdrawals.

Some transaction accounts allow you to set up direct debits and also earn interest, though you may not enjoy as much flexibility as a dedicated transaction account, or get as high an interest rate as a dedicated savings account.

Can you have a joint savings account?

Yes. Joint savings accounts can be useful for two or more people wanting to combine their savings to meet shared financial goals, including spouses, flatmates and business partners.

Some joint savings accounts require all parties to sign before they can access the money. While less convenient, this extra security can help encourage all parties to meet their shared financial goals.

Other joint savings accounts allow any of the account holders to access the money. These accounts can be convenient for financially responsible couples that trust one another implicitly. 

What is a good interest rate for a savings account?

A good rule of thumb to keep in mind with savings accounts is to look for a rate that is higher than the CPI inflation rate. This number is constantly changing, so check the Reserve Bank of Australia’s page. If you aren’t earning interest above this then the value of your money will go backwards over time.

How to make money with a savings account?

Savings accounts make you money by earning interest on your savings. The more money you deposit, the longer you leave it in the account, and the higher the account’s interest rate, the more interest you’ll be paid by the bank or financial institution, and the more your wealth will grow.

To make sure your savings account makes money and doesn’t lose money, it’s important to maintain a large enough minimum balance that the annual interest earned exceeds any annual fees charged on the account.

How much money should I have in my savings account?

A good rule of thumb when working out a minimum balance for your savings account is to make sure that you’ll earn more in annual interest on your savings than what you’ll be charged in annual fees.

If you’re saving with a specific goal in mind, prepare a budget so the interest you earn on your deposits will help you efficiently reach this goal. Online financial calculators may be helpful here.

Who has the highest interest rates for savings accounts?

As banks frequently change their rates, the most accurate way to know who currently has the highest interest rate is to use a savings account comparison tool.

How does interest work on savings accounts?

The type of interest savings accounts accrues is called compound interest. Compound interest is interest paid on the initial deposit amount, as well as the accumulated interest on money you have. This is different from simple interest where interest is paid at the end of a specified term. Compound interest allows you to earn interest on interest at a higher frequency. 

Example: John deposits $10,000 into a savings account with an interest rate of 5 per cent that he leaves untouched for 10 years. At the end of the first year he will have $10,512 in savings. After ten years, he will have saved $16,470.

What is the interest rate on savings accounts?

As banks frequently change their rates, the most accurate way to look at interest rates on savings accounts is to use a savings accounts comparison tool. When you look at the savings rate check what the maximum and minimum rates are. Often banks will offer you a promotional rate for the first few months which is competitive, but then revert back to a base rate which can sometimes be less than inflation. Ongoing bonus rates are often a safer bet as they will keep rewarding you with the maximum rate, provided you meet their criteria

What is a savings account?

A savings account is a type of bank account in which you earn interest on the money you deposit. This makes it one of the easiest and safest investment tools.

Can I overdraft my savings account?

A lot of savings accounts won’t let you overdraw. Some will allow this feature but you’ll need to apply first. It’s best to read the fine print and check with your lender whether this is a feature they offer. It can be a helpful addition, but as your lender can charge you a fee as well as interest for going into negative numbers, it’s best to avoid overdrafting when possible.

Can you direct deposit to a savings account?

Yes. You can make one off payments or set up regular direct deposits into a savings account. This can be organised easily through online banking or by making deposits in a branch. Talk to your lender to find out the easiest way for you to set up direct deposits.

How do I open a savings account?

Opening a savings account is a relatively simple process. If you’ve found an account with a suitable interest rate, you’ll just need to get in contact with your chosen lender via a branch, phone call or hop online to begin the process. 

You may be required to provide:

  • Personal details, including identification (driver’s license, passport etc.)
  • Tax file number
  • Employment details

How to open a savings account for my child?

Some banks and financial institutions allow parents to open a bank account for their child as soon as it is born, and start depositing funds to go towards the child’s future.

Children’s savings accounts generally don’t have fees, and are structured to help develop positive financial habits by limiting withdrawals, encouraging regular deposits, and earning interest on the savings, similarly to standard savings accounts.