As Australia federal election will fall on 21 August 2010. Coalition has come out a new manifesto on Australia interest rate. Opposition has promised that will keep Australia interest lower than the current moment. Well, this may be good news for those who under the pressure of morgage but is bad news for people who intend to save money and treat saving account as a investment.
Increase interest or lower interest ? All will be known after the federal election.
Up to todate. Usaver still remain as top online saving account as below:
Usaver - 6.51%
Robo Direct, High interest rate savings account - 6.40%
Citibank, online saver - 6.35%
ING saving maximiser - 6.25%
Westpac, reward saver - 6.20%
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