23 August 2025

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Which generation had it toughest?100 Aussies: seven charts on who earns, pays, and owns The best way to get rich and retire early A perfect storm for housing affordability in Australia Chinese steel - building a Sydney Harbour Bridge every 10 minutes

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Home / White Papers 2025

Core components of a successful retail investment system

Vanguard Investments Australia
31 July 2025

In a new Vanguard report, Core Components of a Successful Retail Investment System, Australia has been identified as one of only a handful of leading OECD countries where there is more money being held in savings accounts than in capital market investments.

Vanguard has proposed a series of retail investment reforms that could drive more Australians to invest their savings and achieve greater financial security.

These reforms include facilitating access to affordable financial advice, introducing tax incentives to boost investment outside of superannuation, improving financial literacy levels, and increasing fee transparency and competition.

Vanguard’s research estimates that if Australian households reallocated just 10% of their excess savings into investments, based on the amount of cash currently being held in Australian savings accounts, this could add as much as $185 billion into capital markets.

Download the full paper

Vanguard Australia

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Core components of a successful retail investment system