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Showing 1 - 10 of 50 results for %22Millionaires%22

Australia's wealthiest women not getting the advice they need

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... growing for the past decade. Research by CoreData indicated close to twice the growth in the number of new women millionaires to men. Data from 2023 found male millionaires were growing at 3.6% per year, while female millionaires were growing at a rate ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... calling for the scrapping of the stage-three tax cuts, while implementing a progressive wealth tax of 2-5% on multi-millionaires and billionaires locally. The government should also introduce a permanent windfall profits tax on big corporations, it said. ...

Global wealth to rise 38% by 2027: Report

CHLOE WALKER  |  THURSDAY, 17 AUG 2023
... The 14th edition of Credit Suisse's Global Wealth Report, now jointly launched with UBS, estimates the number of millionaires will reach 86 million by 2027, while the number of ultra-high-net-worth individuals (UHNWIs) is likely to rise to 372,000. Interestingly ...

Young, millionaire investors challenge stereotypes: Data

CASSANDRA BALDINI  |  THURSDAY, 18 MAY 2023
... 2023 after announcing FDA approval of its drug which treats Rett syndrome." The other unusual stock sitting with the millionaires is cement manufacturer and distributor Adbri, formerly known as Adelaide Brighton Cement, it added. Selfwealth found common ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... and across the globe, with the poorest people paying higher tax rates than many high-flying chief executives and millionaires," Spinks said. "Staggeringly, just 42 Australians now have a combined wealth of close to $236 billion. "Cutting taxes for high ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
According to new research, 35% of millionaires believe it will take a miracle to retire securely. Natixis Investment Managers released The Million Dollar Question report which evaluates retirement sentiment among high-net-worth (HNWI) investors. It ...

Singapore to be millionaire capital by 2030: Report

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
It's estimated that Singapore will have the highest adult population of millionaires by 2030, overtaking Australia by 7%. HSBC has issued The rise of Asian wealth and revealed roughly 13.4% of Singapore's adult population will be millionaires ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... inequality, including one-off taxes on billionaires' pandemic windfalls and permanent wealth taxes; an annual wealth tax on millionaires starting at just 2% on wealth over $5 million and 5% for billionaires could generate $2.52 trillion a year, it said. ...

High-net-worth investors richer, optimistic

ANNABELLE DICKSON  |  MONDAY, 22 NOV 2021
... research shows. New research commissioned by Praemium and carried out by Investment Trends found the total number of millionaires in Australia jumped 31% to 635,000 over the last 12 months. Investors with $2.5 million to $5 million of assets rose from ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... personal income rose overall. The US (7.2%), Germany (0.8%) and Canada (2.3%) are some examples. Australia recorded 1805 millionaires at the end of 2020, increasing by 392 year on year. Australia is among several countries like Germany, Japan, France ...
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