RBA Rate Rise

Iggsy81 on 06/04/2010 - 23:14

Since the RBA raised interest rates again today, can we expect an increase in savings interest rates with accounts at Ubank, etc? I'm not an economist so just wondering if ppl have feedback?

Thanks!

General Discussion

Comments

  • Jabba the Hutt on 07/04/2010 - 10:44

    Yes.

  • Turd on 08/04/2010 - 09:36

    Yes

  • slowmo on 08/04/2010 - 09:38

    yes it will rise across all savings a/c in other banks too.. but the sad thing is the savings interest rate will always be lower than the mortgage interest. :(

    we'll never catch up..

    • leiiv on 08/04/2010 - 16:12

      Of course they'll never ever catch up, that's how the banks make profits!!

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