Inflation has been a hot topic for investors throughout 2021 and will continue into 2022. For many years policy makers have sought a small stable level of inflation, a level that contributes to sustainable economic growth. In many developed markets this has typically been targeted at around 2% per annum, a level low enough to encourage stable prices and investment by businesses, but not too low as to discourage spending or result in low or negative real wage growth.
Since the 1970s, strong population growth and demographic trends has resulted in the core focus of Central Bankers being the control of inflation. However, post the Global Financial Crisis saw the emergence of a new issue for maturing economies to deal with, persistently low inflation and stagnating wage growth.
Superannuation income streams types
Calculating the rate of income support payments
Super boost for older clients given green light
This document has been created by Westpac Financial Services Limited (ABN 20 000 241 127, AFSL 233716). It provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. Projections given above are predicative in character. Whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not consider known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. This document may contain material provided by third parties derived from sources believed to be accurate at its issue date. While such material is published with necessary permission, Westpac Financial Services Limited does not accept any responsibility for the accuracy or completeness of or endorses any such material. Except where contrary to law, Westpac Financial Services Limited intends by this notice to exclude liability for this material. Information current as at 10 December 2021. © Westpac Financial Services Limited 2021.