Get the best rate on your term deposit

Nothing highlights the contempt the big four banks have for their customers more than the term deposit rates they offer. There’s money to be made getting away from them.

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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