Whether it’s for retirement or just building wealth, investing is a popular option for Australians. How to Invest in Australia?

There are plenty of options. The lowest-risk, but also least likely to give retail investors earth-shattering returns, are savings accounts. But with interest rates at record lows, banks are under pressure to lift their offerings. As a result, the best rates are likely to be found in cash investments and term deposits.

How to Invest in Australia: A Step-by-Step Guide

Another popular choice is shares. By buying shares, you become a part owner of a company and get to vote on its management. Many share investments offer capital growth, while some provide income (dividends). Those seeking a more stable investment option may choose to buy government or corporate bonds. However, the value of a bond can fall and rise with interest rates.

If you don’t have time to monitor the markets yourself, you can invest in passively managed funds, or ETFs. These are often based on the performance of an index, such as the ASX 200, and can help diversify your portfolio.

Another option is to buy property, either residential or commercial. But if you are classified as a foreign person, there are rules you must follow to ensure your purchase complies with Australian law.…