Australia’s rich

Where the rich reside

If you just so happen to be a multi-millionaire and you’re after a quaint little shack in Australia’s most exclusive, A-list neighbourhood, then look no further than Sydney’s Tamarama. According to RP Data, the beachside enclave has pipped Point Piper as our nation’s most expensive suburb with “Glamarama”, as it’s affectionately referred to by locals,…

It’s been a tough year for Australia's rich

It seems the rich are not getting any richer after all and Australian millionaires did it tougher than their global counterparts last year. The annual Capgemini World Wealth Report shows the number of Australian’s who were classed as high net worth individuals (those with at least $US1 million ($982,000) in investable assets)  fell by 6.9…