That's exactly what their competitors are doing, though it could be limited to individuals.
It depends on what the banks' intentions are: corporate image, or increasing capital.
RBA - 0.25%
CBA Term Deposit - 1.70% p.a. for 12 months
I think it was 0.5% vs 1.1% a week ago, so 0.6% spread. Now 1.45% spread.
Add to My Watchlist
What is My Watchlist?