Interest rates for savings accounts are rising after rate hike, but are they quick enough and by how much? - ABC News


6/12/2022 12:00:00 AM2 years 10 months ago
by Samuel Yang

The Reserve Bank's cash rate hike may be doom and gloom for mortgage borrowers, but Inge Meldgaard is hopeful that higher rates will boost earnings from her savings.

The Reserve Bank's cash rate hike may be doom and gloom for mortgage borrowers, but Inge Meldgaard is hopeful that higher rates will boost earnings from her savings. "I was extremely pleased," the 6… [+8039 chars]

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