At present, Commonwealth Bank of Australia (ASX: CBA) is offering 12-month term deposit rates of 3.6% per annum. However, with the Reserve Bank of Australia (RBA) tipped to cut the cash rate a further ...

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Term deposits can make sense for cautious investors, but they do not offer the same chance of long-term capital growth. You’re reading a free article with opinions that may differ from The Motley Fool ...

SYDNEY, Nov 24 (Reuters) - The Australian central bank absorbed A$3 billion ($1.89 billion) from banks and financial institutions on Monday as part of its domestic money market operations. Under the ...

SYDNEY—Heightened competition between Australian banks for deposits is likely to continue as lenders grapple with a range of funding pressures, says Sophie Tilden, Bank of Queensland’s general manager ...

Let's see why these shares could be top options for income investors. The post Forget term deposits and buy these ASX dividend shares in June appeared first on The Motley Fool Australia.

Term deposits can be appealing to savers wanting to protect their capital while generating a bit of passive income. However, there are a few reasons why ASX dividend shares appeal to me more.