Australian Retail Deposits Market Size, Share, Emerging Trends,
Analysis and Forecasts-2017
“Australian Retail Deposits: Forecasts and Opportunities", report examines
the retail deposit market in Australia, analyzing how market forces will
influence customers' ability and willingness to save, what impact new
products, innovations, and strategies will have on the savings market, and
consumer attitudes towards saving and personal finance.”
Summary
"Australian Retail Deposits: Forecasts and Opportunities", report examines the retail deposit market in
Australia, analyzing how market forces will influence customers' ability and willingness to save, what impact
new products, innovations, and strategies will have on the savings market, and consumer attitudes towards
saving and personal finance.
The retail deposit market in Australia has had years of strong growth, surpassing A$1tn for the first time at the
end of 2016. Growth is slowing in the market as under-employment, low wage inflation, and low APRs have
taken their toll, and these factors will continue to constrain growth in the near future. Sharper targeting of
those consumers with the fastest-growing deposit values, such as the over-65s, is therefore required to ensure
adequate funding of retail banks' balance sheets.
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