Wealthy investors tend to shun technology and prefer to keep track of their assets manually, according to Praemium.
Cash, and local equities and property continue to be the preferred asset classes of the rich, according to a new report.
Australians give away the vast majority of their wealth, as some $1.5 trillion has been passed on to the next generation since 2002, the Productivity Commission finds.
Atlassian co-founder and billionaire Mike Cannon-Brookes has purchased a stake in NRL club South Sydney Rabbitohs, after recently becoming a minority owner of the Utah Jazz basketball team.
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