Big four bank announces fresh blow to savers
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
Interest Rates
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Businesses are finally getting on top of cost-of-living pressures, with the number of companies struggling to make payments dropping.
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A July rate cut remains on the cards, but Aussie households could still be impacted by another hit to the cost of living.
Big four bank announces interest-rate cut
In good news for borrowers, a big four bank has slashed variable interest rates as competition between lenders heats up.
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While mortgage holders will be cheering on lower rates, Australian savers will once again get smashed by the latest RBA announcement.
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Original URL: https://www.dailytelegraph.com.au/business/economy/interest-rates/page/2