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The New Daily

Rod Myer

How rising interest rates could work for you with term deposits and savings

Interest Rates RBA Steve Mickenbecker Canstar Reserve Bank

Rates are on the rise and term deposit deals are improving. Photo: Getty

For years, savers have suffered as interest rates were slashed.

But with the Reserve Bank now hiking the cash rate, term deposits and even savings accounts are becoming more attractive.

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Top stories on inkl right now

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Top stories on inkl right now

Isaias becomes the first hurricane of the Atlantic season as it surges towards US Gulf Coast

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The Independent UK

Deported to Central African Republic, a transgender woman who lived openly in Miami is hiding again

Daniela Fuentes is a transgender woman from Cuba who's been deported to the Central African Republic as part of a U.S. immigration policy

The Independent UK

FDA says its review of abortion pill will continue into next year

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The Independent UK

FBI says it thwarted terrorist attack in Minnesota by an 18-year-old it supplied with an AK-47

Authorities say they arrested an 18-year-old who was planning a shooting attack at the Mall of America

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Donald Trump’s Texas rally rocked by repeated protests

Trump briefly stepped away from the microphone after one protester appeared to approach the stage

The Guardian - US

Russia rejects second plague scare as WHO demands answers over Siberian lab deaths

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