See when Australia's biggest banks stopped paying proper interest on your savings – and what you can do about it
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
ShutterstockWhenever interest rates went up in the past, I used to get told it wasn’t all bad news. At least it was good for some people: savers – people with money in the bank.
I hear a lot less of that these days.
If you’ve got money in the bank, you’re now lucky to earn anything at all. One in seven of the deposit dollars...
