Young Australians prepare for the great wealth transfer
After a sustained housing boom and three decades of compulsory superannuation, an estimated A$3.5 trillion to A$5.4 trillion is expected to change hands in Australia over the coming decades.
Australia’s baby boomers accumulated much of their wealth through property, public equity markets and small businesses. Their heirs are showing greater interest in private markets, real assets and newer investment categories, according to Paul Burgon, chief executive and chief investment officer of Sydney-based wealth advisory firm Lipman Burgon.
Free Registration for AsianInvestor Wealth
Register now to enjoy a free subscription. Click the link to get started.
Sign-in to access premium content
Please sign in to your subscription to unlock full access to our premium news and interviews.