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29 November, 2011

RaboDirect makes life Super easy with Online SMSF

RaboDirect has today put the ‘self’ back into ‘Self Managed Super’ with an Online SMSF that empowers investors to take total control of their super.

27 September, 2011

Cash fears turn Boomers to gloomers

Baby Boomers are turning into "Baby Gloomers" - a fifth of them face retirement with an unpaid mortgage.

While most say they have given it no thought, a quarter say they will have to dip into their super to clear their mortgage.

Boomers are more likely than most to stash cash at home rather than in low interest savings accounts.

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Recent Media Releases

29 November, 2011

RaboDirect makes life Super easy with Online SMSF

RaboDirect has today put the ‘self’ back into ‘Self Managed Super’ with an Online SMSF that empowers investors to take total control of their super.

28 November, 2011

RaboDirect expands its suite of products with SMSF

It’s great to see RaboDirect expanding its suite of products to now include a Self Managed Superannuation Fund (SMSF) offering.  It’s no surprise really – SMSFs are the fastest growing sector of superannuation funds in Australia and RaboDirect’s product looks like it neatly foots the bill.

31 October, 2011

Investors turn to Self Managed Super in response to costs and return on investment

The government is planning to increase the compulsory superannuation contribution for employees (made by employers) from 9% of gross salary to 12% at a time when more and more Australians are stepping up to have more say in their superannuation choices – especially via Self Managed Superannuation Fund (SMSF) option.

27 October, 2011

What makes a Self Managed Superannuation Fund a viable option?

Knowing whether or not a Self Managed Superannuation Fund (SMSF) is right for you is a crucial first step before deciding to gain more control over your retirement savings. While I’m a great fan of SMSFs, it must be said that they are not necessarily right for every super fund member.

19 September, 2011

Gen X living on the edge

Generation X is in danger of becoming generation debt, as many Australians aged 30 to 50 are our least financially secure and are struggling under a record high level of debt.

A new survey for bank RaboDirect found about 40 percent of Gen X say their financial situation has worsened during the past year, one-third don't have enough emergency money to last more than two months, and one-third regularly only just manage to make it through to their next pay day.

15 September, 2011

Australians still bank on banks for savings

Australians believe the best place to put their money is in the bank.

The latest consumer confidence report shows 37.8 percent of consumers believe bank deposits are the widest place for savings, the highest reading in 37 years.

2 August, 2011

Savers get short-term gains

Lenders have slashed term deposit rates in recent weeks with the sharpest cuts on three- to five-year rates, increasing the attraction of shorter-term offers.

The pricing trend reflects an expectation that global interest rates will fall as the European sovereign debt crisis plays out, despite conflicting messages from the Reserve Bank of Australia about the domestic outlook.

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29 August, 2011

Rabo's Greg McAweeney takes the direct approach

MAYBE it is Irish diplomacy at its earnest best.

More likely, they are considered words of the man steering a relatively new entrant in a market dominated by four gargantuan incumbents.

Either way,RaboDirect general manager Greg McAweeney is not afraid to pick a fight.

26 August, 2011

Hard work on lazy campaign earns golden EFFIE award

Who ever said finance was boring? At the highly esteemed EFFIE Awards held last night, online savings bank RaboDirect proved that customers and creatives respond well to a bank that is willing to stand out from the crowd – in advertising as in life.

25 August, 2011

RaboDirect welcomes government announcement to make changing banks easier

Have you ever thought about all the work that would be involved in switching bank accounts? What with all the direct debits and direct credits you have set-up, the thought of changing them all over to a new account can quickly become a nightmare.

Media enquiries

Please contact

Michelle Ryan
BlueChip Communication
+61 (0)2 9018 8608 or
mob 0404 381 886

rabodirect@
bluechipcommunication.com.au

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What are Aussies’ real attitudes towards savings?

Over the next few months we will be revealing the most eye-opening results of the 2011 National Savings and Debt Barometer.

Which generation is the worst off financially? And are Gen Y and their Baby Boomer parents on the same page when it comes to who’s helping who buy a house?

RaboDirect Blog

25 July, 2011

The pitfalls and the positives of auto-rolling term deposits

If you are a fan of term deposits (TDs) with their guaranteed rates and fixed terms, you may well be choosing to, either consciously or unconsciously, ‘auto-roll’ (re-invest) your investment when it matures. This means that when you took out a TD investment, you agreed to let your bank (or other TD provider) reinvest that money into another investment of the same term if you don’t notify them to the contrary before maturity.

28 June, 2011

How young is too young to teach your kids about budgeting?

A while ago RaboDirect conducted an interesting social experiment by placing a fake tree in Sydney’s Circular Quay. The tree’s branches were full of fresh five dollar notes. The underlying message, of course, is that money does not grow on trees. Nor does it magically appear from a hole in the wall!