If you're trying to decide where to invest, says leading economist Saul Eslake, now of the Grattan Institute, don't write off the big banks. They're offering up to 6 and a half percent for 3-year term deposits, and it's hard to see either shares or property beating that sort of return in the current climate.
Adobe Flash Player (version 9 or above) is required to play this audio clip. You also need to have JavaScript enabled in your browser.
If you're trying to decide where to invest, says leading economist Saul Eslake, now of the Grattan Institute, don't write off the big banks. They're offering up to 6 and a half percent for 3-year term deposits, and it's hard to see either shares or property beating that sort of return in the current climate.