How to find an ethical bank

Following news of Westpac’s failure to manage risks associated with the processing of cross-border payments, consumers are once again asking where they can find an ethical bank. The two best sources for consumer guidance are the Responsible Investment Association Australasia…

Rate cuts dominate TD market

The term deposit market is turning down, with October the first time in the past eight months that there were more TD rate cuts than increases, comparison site Mozo reports. The top rate for the key one-year term fell 10…

12-month TD rate hits 3 per cent

The top rate for a 12-month term deposit has cracked 3 per cent, after being stuck at 2.8 per cent for months. With rates going up by as much as 44 basis points, it is a good time for savers…

TD rates continue their slide

Term deposit rates continued to fall in July, with more than a dozen deposit-taking institutions cutting rates across a range of terms. While most cuts were between five and 15 basis points, there were some bigger moves, according to the…