Solutions

Cash investments such as term deposits and traditional savings and investment accounts can provide you with a competitive interest rate for short term investing.

Low risk, short term goals.

Flexible solution and quick access.

Historically, cash return is more stable.

Significantly lower returns than other asset classes.

Compare our savings accounts.

Understand  Which account is right for me?

One of the largest investments many of us make is our own home, and it often forms a foundation for building wealth.

Buying an investment property can also help grow your nest egg because it has the potential to generate both ongoing rental income to help cover costs as well as a capital gain (i.e. profit) in the longer term.

Longer term, more conservative investment.

Investment properties can generate income in the form of rent, as well as capital gain and potential tax benefits.

Reduced flexibility - if you find you need access to assets quickly you would need to sell the property which may take some time. 

Read up on Buying your first home.

Investing in property.

'Equities' refers to investments in shares or stocks such as through broking or managed funds.

Longer term, more aggressive investment.

Historically higher returns.

Has the potential to generate income in the form of dividends, as well as capital gains.

Greater volatility and increased shorter term risk.

Superannuation is a tax-effective vehicle that you can use to save for your retirement.

Your employer generally makes your super contribution and you can increase or accelerate the value by making extra contributions.

Investing for your retirement.

Tax effective investments.

Super contributions are generally not accessible until retirement age.

Read up on Growing your super.

Contact a Westpac Financial Planner.