What is the wealth for?BY MICHAEL KARBOURIS | MONDAY, 10 AUG 2026 4:39PM An estimated $83 trillion will pass between generations over the next two decades.
 The emerging face of wealthThe release of a new rich list will be met reliably with equal parts curiosity and gossip in my experience. Fishing in the talent oceanNew research released this month has revealed that Australia is punching above its economic weight in terms of its concentration of very wealthy families. Cultivating philanthropyUltra-high net worth and family offices are a central part of Australia's burgeoning giving culture. With a strengthening culture of giving in Australia ... Panic preventionRecent research from high end London real estate agent Beauchamp Estate found that Billionaires rank state-of-the-art security above lifestyle facilities ... State of the artWhile the global financial crisis led to a multi-year slump in returns within traditional investment asset classes, the malaise saw many wealthy investors ...  Reflation, rotation and the taper'Tis being my final type (drivel, to some gentle readers) for the year, we'll take a look back at the 2013 that was to seek the lessons it imparted and ... The great wealth transferAs we get older, the instinct to leave something behind for our children grows stronger. New model philanthropyToday there are greater signs of the sprouting green shoots of global recovery than at any point since the onset of the global financial crisis more than ... Anything you can do, we can doBillionaire hedge fund managers in the US are rushing to take advantage of a regulatory loophole that will free them from the disclosure and compliance ... Punching above our weightA couple of recent studies have revealed that the Australian family office sector is in fantastic health. |
Latest News
Family businesses turn to external chief executives: Deloitte
While family members will largely remain at the helm of family businesses post-succession, a Deloitte Private report anticipates a meaningful shift globally, with more businesses preferring outside professionals to step into the chief executive roles.
MST Financial broadens services to Alder & Partners
MST Financial has broadened its services for Alder & Partners Private Wealth Management, providing "institutional-grade investments" across managed accounts, asset allocation and research.
Australia welcomes 25k to millionaires' club: UBS
Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest UBS Global Wealth Report.
Family office succession takes back seat to investments
While family offices have investment strategies down pat, the state of their succession plans paint another story, which reports suggest could undermine a seamless transfer of a vast amount of wealth.
Further Reading
Cover Story
Generation next
JAMES GOWING
FINANCE DIRECTOR
GOWING BROS LTD
FINANCE DIRECTOR
GOWING BROS LTD
To sustain a successful multi-generational business and legacy requires investment acumen grounded in strong family values. As part of the rising generation at Gowing Bros, executive director of finance James Gowing is helping position the 158-year-old company for the future. Karren Vergara writes.
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