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Aussie millionaires are cashed up: Report
KARREN VERGARA
A new report finds the majority of Australian millionaires are cautious investors and prefer to leave their wealth in cash rather than risk capital erosion.
Aussie HNWIs slip down global rankings
KARREN VERGARA
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.
Myer Foundation backs new strategy
KANIKA SOOD
Myer Foundation and the Australian Government's Clean Energy Finance Corporation are among the early investors in a global manager's new Aussie equities strategy.
Forrests donate $655m to foundation
KANIKA SOOD
Mining magnate Andrew Forrest and wife Nicola have donated $655 million to their philanthropic foundation.
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