Less globalisation may not mean higher U.S. inflation By Kevin Khang, Vanguard Senior International Economist Markets and economy Why slowing globalisation is unlikely to lead to worrying inflation. Low inflation in the decades before the COVID-19 pandemic has often been attributed to globalisation. So, it would be natural to think the opposite—that less international trade,…
Higher rates to stay, though policy divergence won’t By Vanguard Markets and economy The U.S. Fed is unlikely to cut rates in 2024. What does that mean for other regions? Despite the twist presented by an unexpectedly strong U.S. economy, developments in the first half of 2024 have only strengthened our view that a higher-interest-rate…
Most Australians are failing the retirement test By Tony Kaye, Senior Personal Finance Writer Retirement Here are four basic retirement questions many people struggle to answer correctly. They are four fairly basic statements related to Australia’s retirement income system that every working and retired person should ideally be able to answer correctly as either true…
New financial year, new you By Vanguard Investing Strategy A new financial year can bring a chance to reset and focus on your investment goals. For many, a new year brings new beginnings and a chance to reset and focus on what matters most. So, the imminent start to a new financial year may be…
July 2024 | 8 min read Australia’s mid-year economic and investment outlook By Grant Feng, Senior Economist, Vanguard Markets and economy Our latest forecasts for the Australian economy and investment returns in 2024. GDP Growth Inflation* Monetary policy** Unemployment rate United States 2% 2.9% 5.25%-5.5% 4% Canada 1.25%-1.5% 2.1%-2.4% 4.25%-4.5% 6%-6.5% Mexico 1.75%-2.25% 3.7%-3.9% 9.75%-10.25%…
Your end of financial year investments tax guide By Tony Kaye, Senior Personal Finance Writer Investing Strategy What the ATO is focusing on, and how to prepare for tax time. The Australian Tax Office (ATO) has flagged its key areas of focus for the 2023-24 tax year. The tax regulator will be using its…
Your 30 June superannuation checklist By Tony Kaye, Senior Personal Finance Writer Retirement Five easy ways to get more into your super fund before the end of the financial year. With the end of the current financial year fast approaching, time is running out if you’re planning to boost your superannuation balance before 30 June.…
Have you checked your portfolio today? By Tony Kaye, Senior Personal Finance Writer Investing Strategy Rather than worrying about day-to-day price movements, focus here instead. If you checked on the status of your investment portfolio today, don’t worry. You’re definitely not alone. In fact, you may have looked at how your various investment holdings are…
Deeming freeze a win for Age Pensioners By Tony Kaye, Senior Personal Finance Writer Retirement Why the decision to keep deeming rates on hold may be a window for interest rates. In delivering the second reading of the Appropriation Bill (No. 1) 2024–25 last week, otherwise known as the latest federal budget, the Treasurer announced…
Our investment and economic outlook By Vanguard Markets and economy Our region-by-region economic outlook and latest forecasts for investment returns. For the last decade-plus, a lack of both automation and new general-purpose technologies (GPTs) have weighed on U.S. economic growth. But new Vanguard research suggests that artificial intelligence (AI) will prove to be the next…