Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

ABC News

Business

business reporter Samuel Yang

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

ING Interest Rates Brian Johnson Reserve Bank Canstar Steve Mickenbecker

Inge Meldgaard hopes that her bank will pass on the interest rate rise to her savings account. (ABC News: Billy Draper)

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 69-year-old pensioner told ABC News.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Judge extends White House access to banned media outlets CNN, MS Now and Politico

Judge extends White House access to banned media outlets CNN, MS Now and Politico

District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

The Guardian - US

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

The Times of India

US Justice Department threatens California over alleged noncitizen voters' list

US Justice Department threatens California over alleged noncitizen voters' list

The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

The Economic Times

Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

Saudi Arabia reported damage to an Aramco building in Dhahran and four people wounded in Riyadh on Wednesday, after the kingdom intercepted Houthi missiles targeting the capital. Follow our liveblog for the latest updates.

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

Already a member? Sign in here

Cornell suspends fraternity parties amid backlash over alleged sexual assault

Cornell suspends fraternity parties amid backlash over alleged sexual assault

University bans parties at frat houses for rest of academic year to conduct ‘thorough review’ of campus Greek life

The Guardian - US

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

Donald Trump has denied intelligence sharing with Ukraine had stopped, while demanding that Kyiv halts strikes on Russian refineries. What we know on day 1,694

The Guardian - AU

Related Stories

Top stories on inkl right now

Judge extends White House access to banned media outlets CNN, MS Now and Politico

Judge extends White House access to banned media outlets CNN, MS Now and Politico

District court judge Timothy Kelly was ruling after the Trump administration blocked access to the three outlets in September

The Guardian - US

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

‘Deeply unfortunate’: Hasina on Bangladesh skipping BRICS summit

Former Bangladesh prime minister Sheikh Hasina has called Dhaka's decision to skip the Brics summit in India “deeply unfortunate”, saying the country's participation could have opened new opportunities for its economic and social development.

The Times of India

US Justice Department threatens California over alleged noncitizen voters' list

US Justice Department threatens California over alleged noncitizen voters' list

The US Justice Department has directed California officials to investigate alleged noncitizen voters within 48 hours. It has demanded that ballots from these voters be withheld until their citizenship is confirmed. The department underlines its commitment to ensuring election integrity and may take legal action if demands are not met.…

The Economic Times

Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

Live: Saudi Arabia reports Aramco building hit and four wounded in Houthi missile attacks

Saudi Arabia reported damage to an Aramco building in Dhahran and four people wounded in Riyadh on Wednesday, after the kingdom intercepted Houthi missiles targeting the capital. Follow our liveblog for the latest updates.

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

Already a member? Sign in here

Cornell suspends fraternity parties amid backlash over alleged sexual assault

Cornell suspends fraternity parties amid backlash over alleged sexual assault

University bans parties at frat houses for rest of academic year to conduct ‘thorough review’ of campus Greek life

The Guardian - US

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

Ukraine war briefing: Zelenskyy decries ‘absolutely unjust’ lack of warning from allies after Kyiv plant strike

Donald Trump has denied intelligence sharing with Ukraine had stopped, while demanding that Kyiv halts strikes on Russian refineries. What we know on day 1,694

The Guardian - AU

Our Picks

'62 years in the making': Joni Mitchell becomes US citizen

Joni Mitchell has become a US citizen, 62 years after she first left Canada.

Woman Goes In For An Oil Change. Then She Gets Strange Looks When She Decides To Stay In The Car

“My husband thinks I’m crazy for sitting in my car."

55 Interesting Facts And Posts About The World Around Us

Well-informed people are often called insufferable know-it-alls, but that might just be jealousy. If you secretly wish to be a trivia-night hero, these fascinating facts are just what you need. They are so interesting, you might lose track of time by the end. Just scroll through and check them out…

James Bond Drank About 53 U.S. Standard Drinks a Week, and Doctors Suspected a Tremor Behind His Shaken Martinis

Doctors tallied every drink in Ian Fleming's Bond novels and found 007 averaged 92 UK units a week, about 53 U.S. drinks, with a shaky martini theory.

Netflix’s Narnia trailer featuring Led Zeppelin divides fans as some brand it a ‘disgrace’

‘Narnia: The Magician’s Nephew’ is directed by ‘Barbie’ filmmaker Greta Gerwig and is set to be released next year

The Independent UK

Washington family’s Victorian doll Michael and its eerie dinner tradition

A Victorian doll named Michael occupies a unique place in Washington, DC’s history, not simply as an antique kept in a museum but as part of a family tradition shaped by superstition, grief and spiritualism. Displayed at the Heurich House Museum , Michael was reportedly seated at the dinner table…

The Times of India

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play