St George Saving Interest Rates 2025 Predictions

St George Saving Interest Rates 2025 Predictions. *grow your account by at least $50 a month (for customers 21 or over) or $0.01 a month (for customers under 21), excluding interest, and your account balance does not fall below $0. Specifically, it expects inflation to reach 2.75% by the second half of 2025 1.

Base interest rate cuts and the prospect of lower rates in the future have forced banks to reduce their rates from the highs of 6% in 2023 down to below 5%. High interest rates mean loans are more expensive but savers benefit.