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Showing 21 - 30 of 57 results for "Richest 1%"

Salaries of the rich and famous

ALLY SELBY  |  FRIDAY, 20 DEC 2019
Take a moment of silence for Australia's highest paid chief executive Shemara Wikramanayake, whose British counterpart surpassed her annual salary by more than $500 million. Based on today's conversion rates, Bet365 chief executive Denise Coates raked ...

Trillionaires around the corner: study

KANIKA SOOD  |  FRIDAY, 18 OCT 2019
The world is only six years away from welcoming its first trillionaire, according to a new study that looked at the private wealth of the world's richest denizens. Amazon founder and chief executive Jeff Bezos is on the way to becoming the first ...

Should high-income earners pay charity levy?

DARREN SNYDER  |  FRIDAY, 13 JUL 2018
Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy. The levy would be based on a small percentage of earnings for Australians with income of more than $269,000 ($US200,000). ...

Financial services executives in the money

JAMIE WILLIAMSON  |  FRIDAY, 13 JUL 2018
Following a highly successful IPO and 41% increase in funds under administration, the last 12 months has seen Netwealth's Michael and Matt Heine named among Australia's richest executives. Netwealth joint managing directors Michael and Matt Heine have ...

Australia's wealth gap deepens: Oxfam

KARREN VERGARA  |  TUESDAY, 23 JAN 2018
Australian billionaires amassed a $115.4 billion fortune in FY17, representing a 140% jump since the Global Financial Crisis, according to an Oxfam analysis. The Oxfam Growing Gulf Between Work and Wealth paper found Australia's richest 1% had more ...

Netwealth dominating platform sector

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAR 2017
Platform providers are shifting their focus toward development of functionality after years of costly compliance work, with netwealth leading the field. That is a key finding of Investment Trends' 2016 Platform Benchmarking and Competitive Analysis ...

Cbus partners for phone-based advice

ALEX BURKE  |  THURSDAY, 27 OCT 2016
Cbus has partnered with a leading digital advice firm to create a new "advice over the phone" service. Midwinter will deliver the service from October 31; the company is currently rolling out its cloud-based advice platform, AdviceOS, for Cbus to use ...

US and China family office giants to collaborate

ALEX BURKE  |  FRIDAY, 21 OCT 2016
Two major family offices in China and the US have discussed an ongoing collaboration. Wang Jianlin, China's richest man and owner of the multinational Wanda Group, met with LDJ Capital Multi-Family Office chair David Drake to discuss working together. ...

Midwinter extends partnership

DARREN SNYDER  |  TUESDAY, 11 OCT 2016
Financial planning software provider Midwinter is extending its partnership with a financial data company. The renewed partnership with InvestmentLink allows Midwinter to add client-authorised data feeds to the existing 600 feeds in its data source ...

Shorten attacks government's retro super changes

DARREN SNYDER  |  FRIDAY, 6 MAY 2016
Federal Opposition Leader Bill Shorten used his budget reply speech last night to label the government's superannuation changes as "retrospective" and reaffirm Labor's election policy on the $2 trillion industry. On Tuesday the government announced ...