High-yield equities are risky in a stock market propped up by money printing and low rates, and direct property is experiencing its own mini bubble and supply shortage – just join one of the queues at an off-the-plan launch in Sydney if you don’t believe it.
Where do term deposit investors turn as billions in the ‘safe cash’ allocation mature?
Read more "When I opened my Macquarie account, I stopped paying fees – on everything including ATMs and when I’m overseas.
And the app is so easy to use, I’ve even started tracking my spending, and started saving!
I have had just under A,000 (about £11,000) sitting in National Australia Bank for over 10 years.
I earned this money while on a working holiday from 1999 to 2000.
Yet it hasn't stopped him from building his own property portfolio.
Find out how he balances risk and return, and why it’s sometimes important to say no.
When you invest your money in a term deposit – or fixed deposit (FD) – you'll enjoy fixed returns over a fixed period of time.
The cupboard is looking bare for the defensive allocation in a portfolio. The largest issuer of term deposits in Australia, the Commonwealth Bank, has a top rate out to 12 months of 3.55%, with many terms at 2.65% or less.
There is no significant retail corporate bond market in Australia.
Terms, conditions, fees and charges Any request for withdrawal of funds from the term deposit prior to its maturity will be subject to 31 days’ notice.
If regularaccess to funds is required, another account may be more suitable.