Savings Accounts News
The latest savings accounts news and tips
Alison Cheung
Finance Writer
Young Australians financially “devastated” by COVID-19
Young Australians are bearing the brunt of the coronavirus-induced economic downturn, but may have to foot the COVID-19 bill during their working lives.
Savings Accounts
31 Jul, 2020
5 min read
Tony Ibrahim
Senior Journalist
Households on the brink of 'savings cliff', ME Bank warns
Government payments have cushioned the financial blow wrought by the coronavirus, but survey findings indicate households face a financial 'cliff' as stimulus payments recede.
Savings Accounts
31 Jul, 2020
4 min read
Tony Ibrahim
Senior Journalist
Banks will have to solve customer complaints a lot faster: ASIC
Banks will have to resolve complaints quicker under new guidelines, potentially offering relief in about 420,000 cases.
Savings Accounts
30 Jul, 2020
3 min read
Liz Seatter
Senior Finance Writer
Savings rates keep falling as CBA, NAB and ING all make cuts
Savings rates continue to tumble, despite no move to the cash rate, with NAB the most recent big four bank to cut its rates today by up to 0.10 per cent.
Savings Accounts
30 Jul, 2020
3 min read
Tony Ibrahim
Senior Journalist
Stunted career prospects and zero real wage growth, Productivity Commission report finds
Young people have had to settle for jobs of lesser quality following the GFC, a government report claims, offering some insight into a job market upended by COVID-19.
Savings Accounts
29 Jul, 2020
3 min read
Alison Cheung
Finance Writer
Three tips to help your money work harder for you in a recession
As uncertainty rises and growing unemployment potentially on the horizon, RateCity has put together four tips to help put your hard-earned money to better use.
Savings Accounts
28 Jul, 2020
3 min read
Alison Cheung
Finance Writer
Australians concerned about expenses due to COVID-19 continue to scrimp
Australians are being more economical due to COVID-19, new research from the Melbourne Institute has indicated.
Savings Accounts
27 Jul, 2020
4 min read
Alex Ritchie
Personal Finance Editor
The best savings accounts for July 2020
In an era of historically low interest rates, some savings accounts have become nothing more than a safe place to park your money. However, there are still some competitive rates out there, if you know where to look.
Savings Accounts
25 Jul, 2020
2 min read
Alison Cheung
Finance Writer
What you need to know about the new JobKeeper and JobSeeker
Major economic lifelines from the government, including JobKeeper and the coronavirus-boosted JobSeeker, will be extended and revamped beyond September.
Savings Accounts
21 Jul, 2020
5 min read
Mark Bristow
Personal Finance Editor
Australians rethinking their post-pandemic finances
According to a new report, the pandemic has changed the way many of us think about our financial future, with almost half of Australians expecting the next few years to be very difficult. This has led many of us to rethink our financial priorities and focus on saving money for the future, whether to protect against future emergencies or to pursue future opportunities.
Savings Accounts
21 Jul, 2020
3 min read
Alison Cheung
Finance Writer
$750 COVID-19 support payments to start hitting bank accounts this week
About five million Australians will begin to receive a second coronavirus economic support payment of $750 this Wednesday.
Savings Accounts
13 Jul, 2020
3 min read
Alison Cheung
Finance Writer
Australians’ confidence in personal finances grow
Australians are feeling less anxious about their financial situations, but this could change when support from the government and financial institutions are stopped.
Savings Accounts
10 Jul, 2020
3 min read
Trending articles
Mark Bristow
Personal Finance Editor
06 Nov, 2024
What will happen to savings accounts when interest rates fall? Some of the top-rated savings accounts in November 2024
Laine Gordon
Money Editor
01 Nov, 2024
Highest savings rate takes a tumble
Vidhu Bajaj
Personal Finance Writer
08 Oct, 2024
Some of the top-rated savings accounts in October 2024
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