How much can you earn on savings now that rates are on the rise? - Sydney Morning Herald


6/17/2022 12:00:00 AM2 years 10 months ago
by Nicole Pedersen-McKinnon

Of the financial institutions that have moved to lift their savings interest rates, some have chosen to keep a portion of the official half-a-percentage-point rate increase for themselves.

A clutch of financial institutions surprised savers on Friday by raising their interest rates on deposit accounts on the same day as lifting mortgage rates. However, in what appears to be a game of … [+1616 chars]

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