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Top News In Progress Saver Today - Breaking & Trending Today

Having a lend: does our money go straight to the banks when mortgage rates go up?

While lending rates and funding costs drive profitability of banks, other factors are also at play, such as bad debts and the health of the economy ....

Effie Zahos , Scott Morrison , Philip Lowe , Shane Oliver , Big Four , Australian Banking Association , National Australia Bank , Commonwealth Bank , Reserve Bank , Progress Saver ,

Interest rates: Why you need to switch from Big Four banks to get a better savings rate

Australian savers have been missing out despite nine successive interest rate rises since last year. Those hoping for better returns are being urged to consider switching from a Big Four bank. ....

Steve Mickenbecker , Big Four , Sally Tindall , Commonwealth Bank , Macquarie Bank , Big Four , Reserve Bank , Reward Saver , Progress Saver , Future Saver , Savings Account , High Interest Savings , Online Savings Account , Growth Saver ,

Jim Chalmers warns banks to pass higher interest rates onto savers

The treasurer said he expects deposit rates to lift alongside official rate rises, but the banks remained silent on whether they would pay savers more. ....

Flavio Brancaleone , Dominic Perrottet , Josh Frydenberg , Gina Cass Gottlieb , National Australia Bank , Commonwealth Bank , Progress Saver , Reserve Bank , Australian Financial Review ,