In a blow for savers and retirees, the major banks are offering their customers lower interest rates ahead of the Reserve ...

Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure ...

All of the Big Four banks have started to cut their term deposit rates ahead of the Reserve Bank of Australia’s (RBA) cash rate decision this week. The moves reveal the “double-edged sword ...

Savings and term deposit rates are taking a tumble with three of the Big Four banks cutting rates again this week. · Source: ...

ANZ has “pulled the rug out” from underneath customers today by slashing its savings interest rates. The major bank already cut interest rates on its key savings account last month following the ...

Westpac, Australia’s second biggest home loan lender, has matched competitor ANZ by offering a low variable rate of 5.84 per cent. The Flexi First Option is only available to owner-occupiers paying ...

The major banks have slashed their deposits and savings rates, just days before the RBA will announce the nation’s official cash rate. More than a month on from the RBA February rate cut ...