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How older Australians captured a growing share of the nation's wealth

How older Australians captured a growing share of the nation's wealth

More than two thirds of the $2.3 trillion in household wealth generated in Australia in the first half of this decade went to those aged 55 or older.

  • by Conal Hanna

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Big banks lure savers with short-lived bonus offers
Big four

Big banks lure savers with short-lived bonus offers

Savers have to be careful not be lured into bonus offers than vanish in a short period to leave them earning next-to-nothing

  • by John Collett
Savers' meagre earnings under threat from cash rate cut
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