As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system ...
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Australia stands to benefit from a mega inheritance wave as Asia’s wealthy families prepare to transfer unprecedented ...
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The 2024 edition of the annual Rich List published by the Australian Financial Review (AFR) reports that the 200 wealthiest Australians now control $625 billion, up by 11 percent from last year’s ...
In the decade 2009‒2019, 93 percent of economic growth in Australia benefitted just the richest 10 percent of the population. This extraordinary statistic was reported within a study, “Inequality on ...
This content has been created by the Finextra editorial team with inputs from subject matter experts at the funding sponsor. Whilst at the Communify Fincentric Experience 2025, Lachlan Hardy, Head of ...
SYDNEY (Reuters) - Australia's sovereign wealth fund, the Future Fund, said on Tuesday its valuation had reached A$252 billion ($166.22 billion) as it pared back its U.S. market exposure to boost ...
John Schmidt is the Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate Insight.
This story is part of Forbes’ coverage of Australia’s Richest 2023. See the full list here. The Australian economy benefited from the country’s post-pandemic reopening but in the past year inflation ...