Get the best rate on your term deposit

Key Points Big four banks consistently below the best available term deposit rates Depositing with the big four achieves little in the way of safety The ‘specials’ approach can see you end up with extremely low rates According to the statistics, the bulk of Australian investors’ deposits sit with the big four banks; we’ve driven up their share prices to near, or past, record highs; and we lap up their hybrid issues. Our media and politicians may attack the ‘big bad banks’ but investors, it seems, love them. They even donate generously to the cause. If you’ve got, say,...

According to the statistics, the bulk of Australian investors’ deposits sit with the big four banks; we’ve driven up their share prices to near, or past, record highs; and we lap up their hybrid issues.

Our media and politicians may attack the ‘big bad banks’ but investors, it seems, love them. They even donate generously to the cause.

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