Financial Advisers Outline Benefits of Cash Savings and Quarterly Tax Strategies
ABC Australia—With interest rates remaining elevated, financial advisers highlight that holding cash in savings accounts now offers meaningful returns for the first time in years, providing both a safety net and a low-risk yield. A separate strategy gaining attention is the pay-as-you-go quarterly tax method, which keeps more money accessible throughout the year rather than tied up in annual withholding. Both approaches are particularly relevant for freelancers and self-employed workers.