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The New Daily

Nicola Field

Where to earn the highest rates on your savings

Citi Rabobank Reserve Bank

The highest ongoing savings rate for Australians of all ages is 2.6 per cent. Photo: Getty

Australians have a mammoth $1.5 trillion sitting in deposit accounts, but until now that money has earned a next-to-nothing return.

Even allowing for bonus rates, returns on savings accounts have averaged less than 1 per cent for the past two years.

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Top stories on inkl right now

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France 24

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The Guardian - US

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The Guardian - UK

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

Already a member? Sign in here

Gabriela Rodriguez Tezoco, an 18-year-old, who just graduated falls to tragic death from Mexico carnival ride in Cabo San Lucas

The Economic Times

Seth Meyers on Trump’s fixation on men’s bodies: ‘Why are you so weird?’

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Menu item will be available in certain states starting October 27

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