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Vanguard proposes tax-free way to save extra cash

Financial Standard

|

November 17, 2025

Vanguard has proposed the introduction of a new scheme through which young Australians could move excess cash into a tax-incentivised investment account.

- Riddhima Talwani

The proposed MyInvestment scheme would involve an account with an annual contribution limit of $20,000, invested in listed assets including equities, fixed income and property. The scheme would only be accessible for Australians under the age of 45 and would provide tax concessions after 24 months of being invested in it.

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