term deposit

Dear Paul, I am a self-funded retiree and 61. I have a mortgage on one of my properties ($380,000) and about $60,000 in a super fund (been contributing $5000 a year for the last seven years). Should I withdraw all funds in super and put it in the mortgage? ... More

Property has had a rough time of it during the COVID-19 pandemic, with many investors turning to other asset classes. But housing affordability is the best it's been in 18 years, and growth is on the way. The dream of owning your own home used to define ... More

Where would you invest $10,000 ? We spoke to eight finance experts to find out what they would do with such a windfall. Investing in any climate is not easy, but the pandemic has made it challenging. The key for all of us in making a decision is risk ... More

My husband is retired and gets a small pension from Centrelink and an even smaller one from the UK. I work part time (22.5 hours a week) and also get a small pension from Centrelink but nothing from the UK as I didn't qualify. We used my husband's superannuation ... More

Savings and term deposit account holders have missed out on about $1.6 billion dollars over the last half year as banks slowly lower rates. The research by comparison site Mozo.com.au observed 257 rate cuts to bank accounts, 635 rate cuts to savings ... More

The regulator ASIC is warning retail (smaller) investors to be cautious when investing in fixed-term products that directly compare themselves to bank term deposits. It is seeing a surge in marketing and advertisements for fixed-term investment products ... More

I am 91 and my wife is in her mid-80s. She is conservatively inclined in regard to her funds but has become progressively depressed as to how to retain the integrity of her capital. In the past few years she has taken some pride in playing one bank ... More

Since term deposit rates in Australia are at their lowest, is it possible to invest in a term deposit overseas where interest rates are higher? Or would the currency exchange variation offset this advantage when trying to return the money to Australia? ... More

Dear Paul, My 19-year-old daughter is living at home and studying at university. Over the past few years she has managed to save around $30,000. With term deposits being so low (around 1.85%), should I put her money against my mortgage and pay her just ... More

Q. I am a 25-year-old South Australian planning to go backpacking overseas for at least a year from April 2020. Before I leave I intend to reserve about $10,000 to help get me back on my feet for when I return to Australia in mid-2021. I am considering ... More