Term Deposits

Term Deposits Are Near Zero – How Did That Happen & What To Do Now?

Term Deposits Are Near Zero – How Did That Happen & What To Do Now?

Date Published: 03/02/2021 Category: Member Benefits

Historically, Australians looking for stable investments had the ability to invest in term deposits and earn an income yield that often sufficient preserving capital and even building wealth. Today, term deposits stand at close to zero and are therefore unlikely to provide sufficient income or even preserve capital after accounting for inflation. How did this…

https://www.australianunions.org.au/2021/02/03/term-deposits-are-near-zero-how-did-that-happen-what-to-do-now/

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