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How Banks Are only ‘Partially’ Raising Rates for Savers

About 40% of savers miss bonus rates each month as banks keep ongoing deposit returns low, Canstar said.

Summary by Sydney Morning Herald
Savers are having to jump through hoops to get the full benefit of recent interest rate rises from the Reserve Bank.

3 Articles

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Fixed interest rates: Know the facts before you lock it in

Reserve Bank increased rates by 25 basis points, hitting households hard. We reveal why this move targets the wrong inflation drivers and its real cost to you.

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Sydney Morning HeraldSydney Morning Herald
Reposted by
The AgeThe Age
Lean Left

How banks are only ‘partially’ raising rates for savers

Savers are having to jump through hoops to get the full benefit of recent interest rate rises from the Reserve Bank.

·Sydney, Australia
Read Full Article
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  • 100% of the sources lean Left
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Sydney Morning Herald broke the news in Sydney, Australia on Sunday, April 5, 2026.
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