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Showing 61 - 70 of 263 results for wealthy

US surpasses Asia Pacific for HNWI growth

ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
... ultra-HNWIs are a tiny population, they account for a third of the total wealth of all HNWIs. However, even the exceptionally wealthy did not manage to avoid the impacts of the COVID-19 pandemic. The World Federation of Exchanges estimates that COVID-19 ...

Senator remains firm on FASEA extension

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... extensions passed and said that if his amendment is rejected it will be because the government cares more about their "wealthy mates" than good policy.

Labor calls for end to war on super

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... guarantee, ending the preferential tax treatment of super for low and middle income earners while safeguarding it for the wealthy few, and removing union representation from the system while separating it from the workplace. "Let us be very clear about ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... shouldering the weight for the rest of the nation. "Nobody wants to feel sorry for this group, of course, because they're wealthy," Heffron said. "Generally self-funded retirees live on rent, which isn't coming anymore, and dividends which have been ...

Super not sacred: Rice Warner

HARRISON WORLEY  |  MONDAY, 25 MAY 2020
... be run as businesses - according to the ATO, one even has a loan of $168 million against property holdings. Taxing the wealthy first always makes good political sense." Rice said it was likely that all Australians will need to pay their share of taxes ...

Managed accounts use broadens

HARRISON WORLEY  |  WEDNESDAY, 22 APR 2020
... use of managed accounts shows their increasing popularity among advisers with lower-balance clients. Once reserved for wealthy clients, managed accounts are proving popular for financial advisers with lower-balance clients, according to new research ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... surprise with impressive returns on offer," Knight Frank joint national head of private office Sarah Harding said. "Ultra-wealthy investors from the Middle East and Europe are leading the charge in growing demand for collectables, while nearly all of ...

ATO cracks down on HNWs

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
... net wealth greater than $50 million and ownership greater than 40%. "The mums and dads of Australia want confidence that wealthy Australians are paying the right amount of tax and that we are doing our job and dealing with those who are deliberately ...

Push for more foreign investment

ELIZA BAVIN  |  FRIDAY, 7 FEB 2020
... currently measured only across the four-year investment period of the visa. "This does not account for the impact super wealthy migrants have on the Australian economy for the years after they obtain permanent residency," Hedley said. "These new migrants ...

Bank of Mum and Dad forking out serious dosh

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... parent that was willing to provide the deposit," he said. But Robertson says the growing trend isn't just for the wealthy. "It's not necessarily just for high net worth individuals. It depends on the level of wealth you need to have to live the ...