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Showing 31 - 40 of 171 results for "Millennials"

Generational home ownership gap widens

JAMIE WILLIAMSON  |  TUESDAY, 22 MAR 2022
... survey shows the number of people buying a home before 30 has almost halved over the generations, finding just 34% of Millennials had bought their first home by the age of 30, compared to 62% of Baby Boomers and 42% of Gen X. It also found that while ...

Hostplus, Statewide provide merger details

JAMIE WILLIAMSON  |  THURSDAY, 10 MAR 2022
... 1.5 million members and $82.8 billion in retirement savings. Interestingly, while Statewide has far fewer members, millennials comprise only 35% while Hostplus is predominantly millennial at 53%, seeing a slight shift in demographics for the fund. In ...

Women own $1.2tn in super: Research

CHLOE WALKER  |  TUESDAY, 8 MAR 2022
... 34% each. Dunnin added that women's ownership remains the same across all age cohorts too. "Women make up 50% of millennials yet own just 43% of all the superannuation millennials own. Women make up 53% of retirees yet own just 44% of all superannuation ...

Online investor numbers continue to climb: Investment Trends

CHLOE WALKER  |  THURSDAY, 3 MAR 2022
... as social restrictions began to ease," Investment Trends head of research at Irene Guiamatsia said. Unsurprisingly, millennials and Gen Z continue to dominate the new investor cohort, motivated by lower costs, access to offshore markets, and a mobile-first ...

GigSuper folds, administrator takes over

KARREN VERGARA  |  MONDAY, 21 FEB 2022
... sector controlled $130 billion of superannuation savings. As at April 2019, there were 19 super products designed for millennials and marketed as app-based disruptors. GigSuper joins Grow Super, Zuper, Human Super, Good Super, Max Super on a growing ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... figure is expected to grow as about 3.5 million Aussies plan to invest in cryptocurrency this year. Nearly one in three Millennials (29%) plan to invest in it the coming 12 months. Finder head of consumer research Graham Cooke said removing fees will ...

Millennials fastest growing SMSF cohort

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
Millennials (born 1981 to 1996) represent the fastest growing segment of new SMSF accounts. This is according to new data from AUSIEX, which found during the first quarter of this financial year there was a 9.3% increase in new SMSF accounts opened ...

Baby Boomers cashing in on meme stocks

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... to analysis from Openmarkets Group, on average Baby Boomers and Generation X are making money on meme stocks, while Millennials are losing money. The analysis covered 11 "meme stocks" (stocks whose share prices skyrocketed due to social media hype on ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... voracious appetite (although the survey was conducted before the latest lockdowns in the region). Although 75% of Millennials surveyed globally said they had invested or would invest soon only 7% said they actually made an investment as a direct result ...

New retail investors go digital

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... $0.68 between January and May 2021, has certainly captured the imagination of many investors, especially zoomers and millennials," Guiamatsia said. "While there may be concerns about investor exuberance for relatively volatile digital assets, our research ...