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Showing 41 - 50 of 263 results for wealthy

Victoria Devine launches investing platform

ELIZABETH MCARTHUR  |  MONDAY, 24 MAY 2021
... I know what it feels like to feel financially lost and like you're missing out on services and opportunities that the wealthy take for granted," Devine, who is also managing director of Melbourne's Zella Wealth, said. "That's why taking this step to ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... age of 60. Second, Miller cautioned that relying on inheritance to address these issues creates structural inequality as wealthy families remain wealthy through generations while the rest of society has less economic mobility.

Crestone expands national footprint

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
... can attract advisers of this calibre." The expansion supports Crestone's vision to be the first-choice advisory firm for wealthy individuals across Australia, he added.

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
... Take your pick. Bloomberg reports that: "President Joe Biden will propose almost doubling the capital gains tax rate for wealthy individuals to 39.6% (from 20%)... For those earning $US1 million or more, the new top rate, coupled with an existing surtax ...

Tax concessions failing women: Research

ANNABELLE DICKSON  |  TUESDAY, 6 APR 2021
... receive an oversized benefit from these tax concessions," Littleton said. "Just from these four tax concessions, every year wealthy men receive an extra $24 billion dollars more than women - further entrenching inequality." The report noted that winding ...

Super runs out before death: ASFA

KARREN VERGARA  |  WEDNESDAY, 31 MAR 2021
... billion in 2019. While inheritances can help the receiver prepare for retirement, they are distributed unequally. The wealthy tend to receive substantially more thus increasing intragenerational inequity, the review found. In 2018, the ATO estimated ...

Senator calls for super funds to stop shorting

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
... compared the super industry to "1930s Chicago gangland gangster wars", before saying that super mostly only benefits the wealthy and lines the pockets of fund managers. Then Rennick moved on to the issue of super funds and short selling. He commended ...

Limited advice overdue for disruption

KARREN VERGARA  |  THURSDAY, 18 FEB 2021
... the number of financial advisers continue to dwindle and many opt to serve a specific demographic that is educated and wealthy, an emerging field of unadvised clients falls by the wayside. Many in the latter surfaced at the thick of the coronavirus pandemic. ...

Money does buy happiness: Research

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
... potential to improve people's day-to-day wellbeing, rather than having already reached a plateau for many people in wealthy countries. "Drawing on 1,725,994 experience-sampling reports from 33,391 employed US adults, the present results show that ...

BlackRock to buy equity index firm

KARREN VERGARA  |  MONDAY, 30 NOV 2020
The investment giant is making a bigger play for wealthy investors, offering them a more personalised strategy with the acquisition of an equity index business for US$1.05 billion. BlackRock is set to acquire investment manager Aperio, which provides ...