Updated July 2024 | 6 min read The superannuation changes from 1 July By Tony Kaye, Senior Personal Finance Writer Retirement The super changes that came into effect from the start of the 2024-25 financial year. A number of superannuation changes came into effect on 1 July 2024 that are designed to help working Australians…
July 2024 | 6 min read Putting your tax savings to good use By Tony Kaye, Senior Personal Finance Writer Investing Strategy Consider deploying your extra cash as part of a regular investing strategy. Millions of Australians are about to start receiving their first pay packet for the 2024-25 financial year, and it should contain…
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…
