Stash cash now: Why this may be the sweet spot for savers
Slowly, silently and maybe a bit smugly, savers have been the winners in the past year. But this may be the sweet spot and about to come to an end.
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Slowly, silently and maybe a bit smugly, savers have been the winners in the past year. But this may be the sweet spot and about to come to an end.
Australians who put their money in the bank can now get 4.8 per cent interest. But some of the BIg Four banks are still being stingy, despite nine Reserve Bank interest rate rises.
Australian savers have been missing out despite nine successive interest rate rises since last year. Those hoping for better returns are being urged to consider switching from a Big Four bank.
More interest rate rises and the worst inflation in 32 years mean Australian house prices are likely to continue sliding in 2023. But Australians can still buy shares set to benefit from global uncertainty.
We're back with Mozo's Monthly Banking Roundup -- ahead of a looming higher cash rate, banks have... Read more, here at Mozo.