The 5 best savings account in Australia as of June 2023
The 5 best savings account in Australia as of June 2023

The 5 best savings account in Australia as of June 2023

Franckie Lyne

15 min
Business & Finance
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Description

<p>Last week the RBA announced another increase in the cash rate, bringing it to 4.1%.</p><br><p>This is the highest cash rate Australians have seen since 2012, and also signals the 12th rate rise in the past year! So, while this cash rate is bad news for many Aussies with mortgages, it does mean if you’ve got cash in a savings account - make sure those interest rates are working for you. This week Bryce and Alec go through the&nbsp;<strong>5 Best Savings Accounts</strong>&nbsp;they could find (as of time of recording - June 2023) to help you supercharge your savings. The Google Doc Alec was talking about is <a href="https://docs.google.com/spreadsheets/d/145iM6uuFS9m-Rul65--eFJQq_Au7Z_BA4_CwkYwu2DI/edit?fbclid=IwAR1_rn7zJlGJFpwBDQfPGlpjEHQ1I6jjqLAeMQgCfha5UbefcWPoyFZ3xTI#gid=271791020" rel="noopener noreferrer" target="_blank">here</a>. </p><br><p>If you want to let Alec or Bryce know what you think of an episode, contact them <a href="mailto:contact@equitymates.com" rel="noopener noreferrer" target="_blank">here</a>.</p><p>&nbsp;</p><p>Stay engaged with the Equity Mates community by joining our <a href="https://community.equitymates.com/" rel="noopener noreferrer" target="_blank">forum</a>.&nbsp;</p><br><p>Want more Equity Mates? Come to our<a href="https://equitymates.com/" rel="noopener noreferrer" target="_blank"> website</a> and explore! You’ll find information on our full network of shows, including our Equity Mates Investing Podcast, book recommendations, blogs, news, and more.&nbsp;</p><br><p>*****</p><br><p>In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.&nbsp;</p><br><p>*****</p><br><p>Get Started Investing is a product of Equity Mates Media.&nbsp;</p><br><p>This podcast is intended for education and entertai

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