Search ResultsShowing 1 - 10 of 39 results for "Millionaires"
Aussie millionaires are cashed up: Report
KARREN VERGARA  |  THURSDAY, 25 JUL 2019
A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion. The 2019 State of Wealth Report, which is based on research conducted by Crestone Wealth Management ...
Aussie HNWIs slip down global rankings
KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...
Franking credits inquiry launched
HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... grow significantly over time as more people retire, with the people most affected being average Australians, not millionaires, who have saved hard to get a better retirement," Hamson said. "We also believe the current proposal is unlikely to raise nearly ...
Labor's amended cash dividend refunds fall short: SMSFA
KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
... 2014-15," Bowen said. "Labor does not think it is fair to spend $8 billion a year on a tax loophole that mainly benefits millionaires who don't pay income tax - not when school standards are falling and hospital waiting lists are growing longer." Bowen ...
Advice group solidifies Gen-Y positioning
JAMIE WILLIAMSON  |  WEDNESDAY, 24 JAN 2018
... Enhancers employs 16 staff to look after more than 200 Gen-Y clients on a subscription basis; 15.9% of which have become millionaires in the process. Kelly said such success would not have been possible if he and co-founder and chief executive Sarah ...
Australia's wealth gap deepens: Oxfam
KARREN VERGARA  |  TUESDAY, 23 JAN 2018
... combined. The widening gap has reached a 20-year high. Credit Suisse's Global Wealth Report forecasts the number of millionaires in Australia will grow by 46% over the next five years, to about 1.7 million. Oxfam Australia chief executive Helen Szoke ...
HNWI financial advice demand falls: Research
KARREN VERGARA  |  THURSDAY, 14 DEC 2017
... among high-net-worth investors (HNWI) has fallen to a five-year low, according to the insights, which show 435,000 millionaires own more than $1 million of investable assets. Almost 75% of HNWIs relied on the expertise of a financial advice professional ...
Australia becoming millionaire factory: Credit Suisse
ALEX BURKE  |  FRIDAY, 17 NOV 2017
The 12 months to mid-2017 saw the number of Australian millionaires rise by 200,000 - the third-largest increase after the US and Germany. The Credit Suisse Global Wealth Report showed that over the same period, the number of ultra-high net worth individuals ...
Labor fights phoenix fraud
EMMA RAPAPORT  |  WEDNESDAY, 24 MAY 2017
... continue its narrow, ideological agenda of delivering billions of dollars in tax cuts to multinational corporations and millionaires." Under Labor's new plan, all company directors will be required to obtain a unique Director Identification Number with ...
Budget for the wealthy: Labor
KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... the Coalition's budget is "out of touch", as a Labor Budget wouldn't slash school funding, deliver tax cuts for millionaires or raise taxes for working Australians. He added the Budget gives tax breaks to wealthy investors and property speculators, pointing ...
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