Interest Rates May Rise, But Savers Could Benefit
Update: 2025-12-22
Description
Aussie mortgage holders brace for potential rate hikes, while savers rejoice as banks raise term deposit rates. The Commonwealth Bank and National Australia Bank predict increases starting next year, but Westpac and ANZ expect rates to remain steady. The Reserve Banks stance and inflation surprises have led to this shift, potentially squeezing family budgets around the holidays. Savers, however, may benefit from higher term deposit rates.
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