Australia adds 25k millionaires, boasts low wealth inequalityBY KARREN VERGARA | MONDAY, 6 JUL 2026 1:07PMAustralia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the UBS Global Wealth Report, which also found the country boasts comparatively low wealth distribution inequality. |
Editor's Choice
Hearts & Minds,Third Link Growth Fund merge
Hearts & Minds Investments and Third Link Growth Fund have announced a merger, with Hearts & Minds taking over the role of investment management of the fund.
ASFI launches physical risk inclusion in sustainable finance taxonomy
The Australian Sustainable Finance Institute (ASFI) has launched a scoping project to expand Australian Sustainable Finance Taxonomy to climate change adaptation and resilience.
New Forests eyes forestry plantations
New Forests is set to acquire the forestry plantations of Associated Kiln Driers (AKD) and Heywood Plantations, the approval of which currently sits before the Australian Competition and Consumer Commission (ACCC).
Flexible work fails to follow women into leadership
While a greater number of women are advancing into management roles, inflexible leadership positions and unequal caring responsibilities are forcing more women to leave senior positions.
Further Reading



