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BB Parreno, an international student in Sydney, is worried that the pittance she earns on her savings will fall further if the Reserve Bank cuts interest rates

Savers' meagre earnings under threat from cash rate cut

Lenders have been dropping their term deposit rates since December last year, making it even tougher for those living off their savings. More economists are expecting the Reserve Bank to cut the cash rate this year, which would squeeze savers even more

  • by John Collett

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