Spending your kids’ inheritance By Tony Kaye, Senior Personal Finance Writer Retirement Many Australians expect an inheritance, but their parents may have a different view. Around one in two Australians have received or expect to inherit money or property, either from their parents or others. That’s one of the key findings from Vanguard’s 2024 How Australia…
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%…
