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National Seniors Members earn a rate of 2.70% p.a. interest on a 12-month term.

This new research report from National Seniors Australia shows four out of five older Australians don’t believe they receive privileged treatment from government. Seventy-four per cent also think their age qualifies them for respect from younger people and almost the same number believe they give more support to their adult children than they receive.

The report stemmed from a survey of members, who believe that rather than enjoying an ‘age of entitlement’ as has been reported elsewhere, their views are not being heard or respected when major government decisions are made that directly affect their finances. They also believe the government finds them an easy target when it comes to making budget savings.


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