08 June – 12 June 2015


The surge in employment saw cash rate expectations increase a little last week. In particular the low point in the rate cycle (between Dec 15 and Apr 16) saw most of the increase. There is only an 8% expectation of an interest rate decrease at the RBA Board meeting on 7 July.
There were no changes to any of our cash accounts last week.


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Cash Account

ProductInt p.a.Special Cond
AMP Saver Account2.85%31 day's notice
AMP Notice Account2.70%
ANZ V2 Plus0.50%1 dep no w/draw mth
ANZ Progress Saver2.71%Min balance $5,000
Arab Bank Online Savings2.30%Up to $500k.
Bankwest Smarter Esaver3.05%Zero w/draw pm up to $500k
Bankwest Solid Gold Saver2.25%$10k+
BoQ Cash Man Account2.15%Limit 1 w/draw pm
BoQ Bonus Interest Savings2.75%$250k+
CBA NetBank Saver2.00%$200pm dep, $100k lim, 1wd pm
CBA Goal Saver Ac3.05%
Heritage Online Saver3.15%$750,000+
ING Savings Accelerator2.75%$150k+
Macquarie CMA1.90%
ME Online Savings2.25%
NAB Isaver2.70%
NAB Reward Saver2.95%1 dep no w/draw mth
Rams Saver Account3.60%$200 pm no withdrawal
Suncorp eOptions1.90%
Usaver2.31%$200 pm up to $200k
Usaver Ultra3.37%Up to $200k +$2k pm dep
Westpac eSaver2.00%
Westpac Reward Saver2.70%dep $50 and no withdrawals