2024 Australian investment trend: Lower-risk, high-yield savings due to unpredictable market and cost-living pressures.

In 2024, top investment choices for Australians are expected to be lower risk, less volatile options due to an unpredictable market and cost-of-living pressures. This trend is fueled by major banks offering high yield savings with returns around 4-5% p.a., significantly higher than average. As Australians avoid impulse shopping and dining out, they are likely to invest in more secure places to hold their money.

June 23, 2024
22 Articles