However, other deposit products – particularly online savings accounts – have barely moved since the Reserve Bank of Australia started lifting interest rates in May 2022.

We outline the various bank interest rates in Australia, ... Bank Interest Rates on Term Deposits. Qudos Bank: 5.20% fixed interest per annum for a term of 12 months.

Household deposit growth has accelerated over the past two years. The post What's the outlook for household deposit growth ...

Australia's competition regulator said on Friday that it would inquire about how banks have adjusted their interest rates for deposit accounts after a series of cash rate hikes over the past 12 ...

National Australia Bank and ANZ followed on Monday, ... CLSA analyst Ed Henning said that he expected the major banks would reduce their term deposit rates further as RBA cut the cash rate.

Thus, CBA provided cover for National Australia Bank to drop term deposit rates on Monday by the same amount, and ANZ to shave 80 basis points from its deposit rates.

I graphed the average online rate for a $10,000 deposit against the Reserve Bank's cash rate, going back to 2010. After seeing what that graph reveals, you'll want to call your bank, writes Peter ...

With Australians banking over $1.4 trillion in savings accounts and term deposits, Treasurer Jim Chalmers tasked the ACCC in February with investigating how deposit rates were being set during the ...

The Australian Financial Review revealed on Tuesday that the Commonwealth Bank, National Australia Bank and ANZ all made super-sized cuts to term deposit rates in recent days, in some cases by up ...

SYDNEY, March 28 (Reuters) - Australia's biggest lenders said on Tuesday the domestic financial sector was unlikely to be caught in turmoil engulfing rivals in the US and Europe, but warned that ...

Australian households hold more than $1.3 trillion in savings and deposit accounts. Interest rate comparison website RateCity said bank customers should be looking for a deposit rate with a 4 in ...

A term deposit locks in money for a set time, usually one month to 5 years, and earns interest at a fixed rate to safely grow savings. At some point, most of us will want to save up for a big ...