SBS News – Australia
·australia
·2 hours ago
Where's the wisest place for your savings? Aussies are having a rethink
Australians are reconsidering their savings strategies as property investment loses its appeal, with only 4.5 percent of respondents viewing it as wise, the lowest in 52 years. Overall consumer confidence has fallen to 80.6, prompting close attention from the Reserve Bank of Australia ahead of its next meeting. The RBA is expected to maintain the cash rate at 4.35 percent.
Summary by OZbrief · SBS News – Australia
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