Savings Accounts News
The latest savings accounts news and tips
Alison Cheung
Finance Writer
Financial stress due to COVID-19 easing but still rife
Money worries due to COVID-19 are easing for many households, but not everyone is out of financial strife yet.
Savings Accounts
13 Oct, 2020
4 min read
Alison Cheung
Finance Writer
The four numbers you need to know in your life
Many Australians are not across some of the most important numbers in their lives, which can have serious financial implications.
Savings Accounts
09 Oct, 2020
5 min read
Tony Ibrahim
Senior Journalist
Federal Budget 2020: Making sense of the government’s tax revisions, offsets and cuts
Two big rule changes will see millions of Australians save $12.5 billion in taxes within the next year, under federal budget announcements designed to get people spending and the country out of a recession.
Savings Accounts
07 Oct, 2020
4 min read
Tony Ibrahim
Senior Journalist
Federal Budget 2020: Housing initiatives, tax breaks, superannuation changes and more
The federal government plans on chartering Australia out of its first recession in almost three decades by spending big on employment initiatives, infrastructure projects and tax breaks.
Savings Accounts
07 Oct, 2020
5 min read
Alison Cheung
Finance Writer
Australians putting financial and life goals on hold due to COVID-19
Australians are being forced to push back their financial goals and major life events, as COVID-19 impinges on consumer confidence and money habits
Savings Accounts
01 Oct, 2020
4 min read
Alex Ritchie
Personal Finance Editor
The best savings accounts for October 2020
With talk amongst economist and experts alike that the Reserve Bank of Australia may cut the cash rate close to zero per cent next Tuesday, it’s a challenging time to be a saver in Australia.
Savings Accounts
01 Oct, 2020
3 min read
Tony Ibrahim
Senior Journalist
Is the new $100 note, out October, the last update to a banknote we’ll see?
The RBA has been busy printing 400 million hundred-dollar bills in anticipation of rolling them out into public wallets, bringing to a close a banknote redesign program decades in the making.
Savings Accounts
30 Sep, 2020
3 min read
Tony Ibrahim
Senior Journalist
Changes to JobSeeker and JobKeeper take effect
The first decrease in the welfare payment keeping more than a million people financially afloat drops by $300 today, while the other keeping millions more in work tapers too.
Savings Accounts
25 Sep, 2020
4 min read
Tony Ibrahim
Senior Journalist
Household wealth grew by $5881, a partial recovery for the quarter
Some of the value people lost in superannuation, shares and savings due to the COVID-19 pandemic has been recovered, quarterly figures reveal, but a larger rebound was held back by falling property values.
Savings Accounts
24 Sep, 2020
4 min read
Alison Cheung
Finance Writer
Budget day rate cut on the cards for October: big banks
Two of the big four banks predict a budget day rate cut of 15 basis points could be on the cards.
Savings Accounts
23 Sep, 2020
6 min read
Alison Cheung
Finance Writer
Australians tipped to be saving more of their incomes in the next three years
Australians are hanging on tight to their money, with savings levels tipped to stay high in the next three years.
Savings Accounts
22 Sep, 2020
5 min read
Alex Ritchie
Personal Finance Editor
Second cut in a month for Dollarmite savers
Australia’s largest bank, CBA, has today cut two of its most popular savings accounts for the second time in a month.
Savings Accounts
18 Sep, 2020
3 min read
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Laine Gordon
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Highest savings rate takes a tumble
Vidhu Bajaj
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Some of the top-rated savings accounts in October 2024
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