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Volt bank and 86 400 both cut savings account rates Digital banks Volt and 86 400 have each cut the interest rate on their savings account by 25 basis points, following the latest RBA rate cut. The interest rates offered on savings accounts is sometimes based on the balance maintained in the account. The interest rate may range from 3.5% p.a. to 7% p.a. Some banks may also require that you maintain a specific average daily or quarterly balance.

Your effective tax rate is the TOTAL you pay in taxes as a percentage of your written by J.D. Roth — published 27 January 2020 (updated 27 and income are not the same thing) have a state effective tax rate of 11.4%. (Coincidentally, I made a similar mistake a decade ago when writing about marginal tax rates. 23 Oct 2019 Similarly, we have not included changes to other taxes (including indirect taxes and property taxes) as these are also experienced differently by 

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