|One of Australia's leading philanthropic couples received the top honour at the 2018 Philanthropic Awards.|
|Academics have proposed a new system to better distribute Australia's wealth - one which would see high-income earners pay a charity levy.|
|Latest research shows less than one-third of family offices are using quantitative models to determine asset class allocations and position sizes. At the same time, equity allocations remain unchanged.|
|Latest research from digital consultant Capgemini shows Australia's high-net-worth individual (HNWI) population is growing, with more than 20,000 Aussies joining the fold in 2017.|
|Latest family business research from KPMG shows that business families with high socio-emotional wealth are more likely to keep control of the business within the family.|
|Macquarie Group is consolidating its private bank and private wealth businesses to concentrate its growth strategy on high net-worth (HNW) clients, a move it expects to affect advisers.|
|High-net-worth investors, particularly the growing Asian cohort, have boosted the global art market by 12% after two years of decline.|
|Despite numerous initiatives to curb foreign investment, Australia is still a destination of choice for ultra-wealthy investors, according to Knight Frank's wealth report.|
|Philanthropy is becoming part of the conversation between financial advisers and clients as it's an area increasingly accessible to middle Australians, an estate planning expert says.|
|Equity Trustees appointed a grants program manager to oversee one of Australia's largest philanthropic trusts.|
While there may be uncertainty surrounding the economic implications of the spreading COVID-19 pandemic, one thing is clear; if business leaders are not consistent, empathetic and clear with their response, they should prepare to face the music.
The government's $213 billion stimulus package is set to push up the country's total debt but experts say it is not reason enough to draw down on the sovereign wealth fund.
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
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