The new financial year is unlike any most Australians have experienced before. The pandemic’s still hitting hard and there’s an ongoing recession to get through. Having said that, some of us might be able to take advantage of the resulting low cash rates to sort out our finances. It’s been…
Three Reserve Bank of Australia (RBA) rate cuts in 2019 have taken the cash rate to a record low of 0.75%. In response, big banks are slashing their savings rates and their home loan rates. Here’s what that means for your saving account.