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Showing 1 - 10 of 172 results for "Millennials"

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 ...

Young investors fall prey to bad social media advice

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... 507 advisers and 2404 investors. Some two-fifths (42%) of Gen Z investors, born between 1997 and 2012, and 38% of Millennials born between 1981 and 1996, are accessing financial information, guidance, and advice via social media channels more any other ...

Vista acquires second practice

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... eyes strengthening its presence in Melbourne. Founded in 2015 by Jason Chew, Orange Wealth, which largely services Millennials out of South Yarra, joins Beaumaris-based Vista. The group now employs 20, comprising five financial advisers, a mortgage broker ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Generation X and Millennials are leading the charge in establishing self-managed super funds (SMSFs), according to new analysis from Class. The 2023 Annual Benchmark Report reveals that Generation X aged 42 to 56 (52.7%) and Millennials aged 27 to 41 ...

Spark adopts two fintechs

KARREN VERGARA  |  FRIDAY, 8 SEP 2023
... profit-for-purpose model. "There's an increasing desire for clients to work within sustainable value investments, and it's not just millennials and younger investors wanting to make a positive impact and drive meaningful change," he said. "The two sets ...
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