Better term deposit rates ahead: UBS

25 September 2015

 

Last week YieldReport reported on the RBA’s Guy Debelle comments to the Actuaries Institute Seminar in Sydney. At the same seminar, APRA’s chair, Wayne Byres, gave a speech that implied some changes were coming which would ultimately lead to higher term deposit rates. This is good news for term deposit holders that have seen TD rates slashed in the past 12 months and that have struggled to find alternative secure...

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