Recent data from a survey conducted by online estate planning service Willed has unveiled a significant trend: property ownership is increasingly becoming a key driver for will creation, especially among younger Australians. This shift in behaviour is reshaping the landscape of estate planning and highlighting the growing awareness of financial responsibility among new homeowners. The…
Is the government seriously interested in changing arrangements on negative gearing? After days of questions to Prime Minister Anthony Albanese and Treasurer Jim Chalmers, who would know? They’ve engaged in obfuscation at every turn. On Friday, Chalmers was asked, at a news conference in Beijing, whether he had told the treasury to model reforms of…
In 2023, global wealth increased by 4.2% as global stock markets rebounded and inflation eased. While Europe, the Middle East, and Africa achieved the strongest wealth growth, the U.S. accelerated at roughly half the rate of these regions, at 2.5% annually.On the other hand, Australia ranked very highly: Australia ranked #2 in median wealth ($261,800) Australia ranked…
Of course, mobile applications are changing the ways of movement, and now, having opened the Internet, we already see a lot of different simple and integrated solutions for both housing and transport. Now it’s not even so important what exactly you want to do for your trip since mobile applications allow you to rent a…
It’s interesting how things have changed in the last 25 years. And despite all the social, economic and political challenges, many parts of the world of becoming much wealthier, including Australia. In the following graphic, we rank 34 countries by their percentage change in wealth from 2010 to 2023. Figures were sourced from the UBS Global…
Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians. We know financial support from parents to adult children is increasingly used for entering the housing market. However, our new research shows that parents are also helping their young adult children in other ways, including…
Your morning caffeine boost isn’t just helping kick-start your day — it might have health benefits as well. Drinking a few cups of coffee daily reduces the risk of chronic liver disease by over a fifth, according to a new study published in the online journal BMC Public Health. Europe consumes more coffee than any other region, exceeding…
Ever dreamed of owning a piece of prime real estate but thought it was out of reach? The future of real estate investment is here, and it’s more accessible than ever! Welcome to the world of tokenization and fractional ownership—a groundbreaking approach that’s changing the game. What is Tokenization of Real Estate? Tokenization is converting…
A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%. The dip below 3% puts the monthly measure of annual inflation back within the Reserve Bank’s target band of 2-3% for the first time since August 2021. The longer-running quarterly measure of annual inflation…
Thinking of adding something to your garden to make it feel more special? Well, a patio could be the only thing you’re missing! Patios provide you with a lovely space to sit outside and enjoy the world outside, and nowadays, they can be customised to suit your every style and taste. Super stylish and functional….
