MONEY | How to exist in a low-interest-rate environment: why changing banks to chase rates can be a mug's game

By Noel Whittaker
Updated July 2 2021 - 1:55am, first published November 11 2020 - 3:00pm
 Learning how to exist in a low interest rate environment. Picture: Shutterstock.
Learning how to exist in a low interest rate environment. Picture: Shutterstock.

Recently the Reserve Bank dropped interest rates even further. To make matters worse for retirees, there are hints the next move is also likely to be down, not up.

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