If we continue to see stronger data like the retail numbers, it presents a headwind for the market," said Suki Cooper, precious metals analyst at Standard Chartered Bank. "The key event the market is.
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Today’s Savings Rates. The introductory bonus is added to the standard variable interest rate on the $50,000 – $99,999 and $100,000 – $499,999 balance tiers. At the end of the 12-month period, the introductory bonus will expire and the interest rate and APY will decrease to the standard variable interest rate and APY in effect at that time.
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Certificate of Deposit (CD) Rates. Without a checking account, the rate is 3.00% APY. A minimum of $2,500 must be new money to Standard Bank. Limited to two rate bounce ups per term. Customers may bounce up their rate at their local Standard Bank office at any point during their CD term. The bounced-up interest rate will be the current rate of a regular five-year certificate.
The Reserve Bank has cut its official interest rate by 0.25 percentage points to a. National Australia Bank has followed suit and also announced that it will cut its standard variable rate home.
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