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Wednesday, 31 July 2013 00:18

Funds in Australian bank term deposits - record highs $546bn

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We have spoken previously about current cash levels in Australia in term deposits, as a supporting factor share prices going forward.  Should investor confidence improve, and investors look to invest some of this, it would be positive for share prices.

The chart below highlights the weight of money still sitting in the safety of cash at a time where cash returns are likely to be further depressed by RBA interest rate cuts.

Funds in Australian bank term deposits are at record highs of $546bn.

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Read 830 times Last modified on Wednesday, 31 July 2013 00:18
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