We all belong to one – A tribe that is! So in our latest Demographics Decoded podcast episode, Simon Kuestenmacher and I delved deep into the rich tapestry of demographic tribes that make up Australia. It’s fascinating how we can group people based on their behaviours, preferences, and life stages. These groups, or “tribes,” provide…
In recent years, a cost-of-living crisis has dominated headlines, and inflation, rising interest rates, and economic uncertainty have tightened household budgets. But not everyone has been affected equally. While many younger Australians are facing mounting financial pressures, many older Australians are still spending freely, finally enjoying the fruits of years of diligent financial planning and…
If you’re a beach person like me, you no doubt have had this experience — in order to get to your spot on the beach, you have to trudge through a seemingly endless duration of scorching hot sand, carrying your umbrella, chairs, cooler, and many other things. If you don’t properly prepare yourself for the…
Playing monopoly was a tradition in our family for a long time. Unfortunately, the game doesn’t come out as often these days – I guess I don’t play board games much anymore. In the good old days, I played Monopoly with my parents when I was young, with my children when they were young, and…
Are you interested to know where Australia’s richest people live? And I’m not talking millionaires, but centi-millionaires, in other words, individuals with liquid investable wealth of +US$100 million (around A$144 million). According to a new report by Henley & Partners, using data from global wealth intelligence firm New World Wealth, there are currently 29,350 centi-millionaires…
I love motivational and inspirational quotes because they remind me of the importance of a confident attitude. Here’s another dozen quotes to get you inspired: 1. “If you have integrity, nothing else matters. If you don’t have integrity, nothing else matters.” – Alan K. Simpson 3. “Confidence, like art, never comes from having all the…
Would you like to take a peek behind the curtains to understand what goes on at our Wealth Retreat each year? We’re currently planning for this year’s Wealth Retreat on the Gold Coast in early May, which is not really that far away. However, I’d like to share some lessons from last year’s event that…
ANZ has brought forward its forecast for the first rate cut to take place in February, however, it maintains the view that borrowers will only see two rate cuts in the coming cycle. The news follows better-than-expected results from November’s monthly CPI Indicator released on Wednesday. ANZ now joins CBA in expecting the first RBA…
Australia’s fertility rate has fallen to a new record low of 1.5 babies per woman. That’s well below the “replacement rate” of 2.1 needed to sustain a country’s population. On face value, it might not seem like a big deal. But we can’t afford to ignore this issue. The health of an economy is deeply…
Do you drink freshly brewed coffee to start off your day? Or is a cup of English breakfast tea a better option for you? Your choice could be a result of your genes, and how they affect your experience of bitter flavours. Published a few years ago, our study shows that the likelihood of a…