Over the previous couple of months there has been a significant increase in the rate of return that investors can expect to achieve by investing in listed fixed interest - in particular, the listed fixed interest issued by our big banks.
If you’re frustrated with the current term deposit rates - you are not alone. Many disgruntled investors have seen their income eroded as term deposit rates have consistently fallen from above 8% in 2008.
The Reserve Bank of Australia (RBA) has just cut rates again to 2.00% - which brings the cash rate down to around the rate of inflation. Some economists are still predicting further rate cuts in the months ahead.