The amount of money in bank term deposits has hit $213 billion up 36 per cent in two years. An ANZ bank executive explains if it will keep paying rates this high and who may be better off investing.

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00:00 Intro
00:51 Demand for term deposits (TD's)
02:38 Interview with ANZ head of retail banking Ben Kelleher
05:56 Deposit rates
08:27 Break fees
10:35 Saving v Investing
12:17 Borrower pain
15:17 ANZ's economic expectations
17:14 Missed payments
19:01 Outro

Video / Carson Bluck

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