'To further support savers, we will also increase the 12-month Term Deposit special 2 to 4.55% p.a., effective 16 June 2023. 'Our savings products have different features and serve different purposes, so we encourage customers to speak to us if they need help to choose which product may be most suitable for them. For example since May 2022 we have increased the GoalSaver with bonus rate from 0.25% pa to 4.65% p.a., effective 16 June 2023. 'To help customers save, we have increased rates on our savings products, some by more than the RBA cash rate change. Group Executive, Retail Banking, Angus Sullivan said: 'The increases we are announcing today across our core savings products provide terrific opportunities for savers to make their money work harder for them. to 4.75% p.a., comprising a standard variable rate of 2.35% p.a. Youthsaver with bonus interest rate will increase by 0.25% p.a.to 4.65% p.a., comprising a standard variable rate of 0.40% p.a. GoalSaver with bonus interest rate will increase by 0.25% p.a.
The 5-month introductory variable interest rate will increase by 0.25% p.a. NetBank Saver 1 standard variable interest rate will increase by 0.25% p.a.