Three of the Big Four banks, Commonwealth Bank, NAB and Westpac, have slashed their term deposit interest rates, with some cuts as big as 1 per cent. The major banks expect the Reserve Bank of ...

Johanna Leggatt is the Lead Editor for Forbes Advisor, Australia. She has more than ... A quick note on data: The FDIC posts monthly national deposit rates for various savings vehicles going ...

ANZ has slashed its term deposit interest rates, giving Aussies a “clear” sign that a rate cut from the Reserve Bank of ...

National Australia Bank is predicting a super-sized interest ... said the major banks were likely to also keep slashing term deposit rates, with 19 banks cutting a term deposit rate during the ...

Learn More If you've been relying on term deposits for income, 2025 might be the year to rethink that strategy. The Reserve Bank of Australia has already cut interest rates once this year — and ...

Term deposit rates have been falling this year and are largely expected to soften further as the year progresses and the Reserve Bank of Australia cuts interest rates again. In light of this ...

A: Sanjay Agarwal, CEO, explained that AU Small Finance Bank has already reduced term deposit rates by 25 bps and rationalized savings account buckets. However, further reductions would depend on ...