Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

SBS On the Money: Middle-aged households wipe excess savings

On the Money - pink piggy bank, savinAgs, generic, money.jpg

On the Money Source: SBS News / SBS

UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Bank interest rate rise.


Published

By Ricardo Goncalves

Source: SBS News


Share this with family and friends


UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Bank interest rate rise.


Listen to Australian and world news, and follow trending topics with SBS News Podcasts.


Latest podcast episodes

Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Watch now

Watch the latest news videos from Australia and across the world