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Showing 21 - 30 of 196 results for "Millennials"

Innova backs using leverage in super for housing

ELIZA BAVIN | MONDAY, 17 JUN 2024

... superannuation it could help younger Australians who are locked out of the property market build wealth. Innova said millennials are firmly locked out of the property market with average dwelling prices in New South Wales now sitting above $1.2 million. ...

Retiree dilemma: Supporting children or preserving lifestyle?

ANDREW MCKEAN | MONDAY, 3 JUN 2024

... 25-39-year-old Baby Boomers in 1991 were three times more likely to own their home outright compared to 25-39-year-old Millennials in 2021. AMP director of retirement Ben Hillier said as housing unaffordability and cost-of-living pressures rise, Australia's ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN | MONDAY, 3 JUN 2024

... just one in five (20%) of those surveyed said they had ever sought financial hardship assistance. The research found Millennials (54%) were the most likely to be affected by financial hardship in the next 12 months, which was far more likely than their ...

New platform launches for high-net-worth families

ELIZA BAVIN | FRIDAY, 24 MAY 2024

... "Over the next 20 years we will see an unprecedented amount of wealth being transferred from the baby boomers to the millennials. "We are about to witness the feminisation of wealth and the transfer of wealth to a new generation who invest and interact ...

Super funds to solve the housing crisis?

ANDREW MCKEAN | TUESDAY, 21 MAY 2024

... they own these properties and then they rent them out to Australians, like we're serfs. We want to make sure the millennials and Gen Z kids can own their own house," he said. Bragg said that the key determinant of success in retirement is not a superannuation ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN | WEDNESDAY, 27 MAR 2024

... Security will struggle to meet its full obligations when younger workers retire. "It's no wonder younger generations, Millennials and Gen Z, are so economically anxious. They believe my generation - the Baby Boomers - have focused on their own financial ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN | WEDNESDAY, 27 MAR 2024

... said 80% of its customers belong to Gen-X or Baby Boomers, while 70% of the Bitcoin market is made up of Gen Z and Millennials. Caleb & Brown chief executive Jackson Zeng said widespread crypto adoption is an inevitability and as such more regulation ...

Advised investors spurring SMSF rebound

ELIZA BAVIN | MONDAY, 18 MAR 2024

... Chris Hill, national manager, strategic relationships at AUSIEX said. The share of new accounts opened by advisers for millennials rose 3.85% by comparison, though were significantly fewer in numerical terms. In contrast, the number of new accounts created ...

Aussies say they're paying too much tax

JAMIE WILLIAMSON | TUESDAY, 5 MAR 2024

A survey has found 64% of Australians think they pay too much tax, with millennials the most likely to complain. Research by Finder found almost 13 million Australians believe they pay too much tax each financial year. According to the study, 80% of ...

ETFs reigned supreme in 2023: Superhero

CHLOE WALKER | WEDNESDAY, 31 JAN 2024

... customers between 18 and 40 currently hold at least one ETF in their portfolios." While younger investors (Gen Z and Millennials) leaned towards ETFs, resources were front of mind for older investors (Gen X and Boomers) with resource stocks making up ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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