Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Why banks are lifting TD rates

In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read our full COVID-19 news coverage and analysis here.

Read more: Term depositRateCity.com.auJudo BankReserve Bank of AustraliacoronavirusMatt ComynPeter KingRoss McEwanSally Tindall