Australia Term Deposit Rates Hit 4.70% in 2026

Australia term deposit rates

KEY HIGHLIGHTS Several Australian banks lifted term deposit rates again this week Some long-term rates now sit well above what most savers expected in 2026 Top returns hit 4.70% p.a., but conditions matter Over the past week, multiple banks pushed rates higher, with a few smashing previous “best on market” levels tracked by Savings.com.au. This … Read more

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