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The 10 richest young Australians revealed

The Young Rich List, now in its 20th year, has uncovered how the wealthiest Australians aged 40 and under are building their fortunes.

  • Michael Bailey

How to check if your apartment developer is telling fibs

NSW Building Commissioner David Chandler’s ratings are so valuable that some companies are falsely saying they’ve got them when they haven’t even been tested.

  • Jimmy Thomson

Can I give my money to kids and still get the age pension?

Questions from parents asking about gifting money to children have been quite common this year, say advisers.

  • John Wasiliev

What happens if you make an illegal raid on super to ease tough times

More SMSF trustees are being caught out by the ATO illegally accessing their retirement savings – this is how they’re dealt with.

  • Meg Heffron

Airwallex’s Jack Zhang: ‘Going public is optional for us’ 

It’s under fire over 15-hour days and concerns about its Beijing connections, but the payments company is on a roll.

  • Michael Bailey

Andrew Liveris’ guide to making friends and money

The ex-Dow chief sees no point in refusing to associate with those doing the precise opposite of what he says he values. And how else could a self-styled “environmentalist” sit on the board of Saudi Aramco?

  • Myriam Robin

Wealthiest Australians

Chemist Warehouse paid $364m in dividends in the last 12 months.

Chemist Warehouse founders share $365m dividend windfall

Rich Listers Jack Gance and Mario Verrocchi split a $264 million payout last financial year, and a further $101 million in October.

  • Joshua Peach

The 10 richest young Australians revealed

The Young Rich List, now in its 20th year, has uncovered how the wealthiest Australians aged 40 and under are building their fortunes.

  • Michael Bailey
Jake Paco at his warehouse in Alexandria, Sydney.

His teachers said he’d end up in jail. Now he’s on the Young Rich List

Geedup founder Jake Paco has conquered his demons and is taking his cult streetwear brand from western Sydney to New York.

  • Carrie LaFrenz
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Yesterday

The portfolio in VanEck’s Australian Equal Weight ETF is rebalanced every quarter, which facilitates “contrarian trading”.

When ETF ‘equal weight’ strategy goes off balance

The past five years have shown the simplest strategy of all – investing equal amounts in companies in an index – might not suit all markets.

  • Jeremy Chunn

This Month

The 16 new faces on the Young Rich List

One made a fortune from glittery statement dresses, another sold up to Sam Bankman-Fried just in time. The newest self-made 40-and-unders are a mixed bag.

  • Michael Bailey
A contested elect?! Heaven forbid.

Australian Club’s young fogeys flex their muscle

The prospect of a head-to-head contest for the next president has some reaching for the smelling salts.

  • Myriam Robin

One of the fastest growing categories for Young Rich Listers – vanity

Australian beauty brands have pushed out the established labels, from toothpaste to tanning, with a little product innovation and a lot of savvy marketing.

  • Lauren Sams
Exchange traded funds are a popular form of low-cost investment.

Why everyone is investing in ETFs

Exchange-traded funds are an investment megatrend that offer cheaper fees and a vast array of choice. But there is a lot to consider before buying.

  • Tom Richardson
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Jack Heath, chief executive of Philanthropy Australia.

Donating from super could raise $22b a year for charities

Making it easier and cheaper to leave super to charity could boost giving by as much as $22 billion a year, the peak philanthropy body has said, as it pushes for reform.

  • Lucy Dean

The green energy multimillionaires taking over the Young Rich List

US-based investor and Young Rich List debutant Gregory Green made an estimated $100 million after selling his share of a landfill gas developer.

  • Michael Bailey
Based on the last 10 years, it is clear that bond yields of 5 per cent are confronting, but they are still too low compared to inflation.

Interest rate rises test markets, but remember it is a long game

Over the next 12 months at least, fixed income returns will likely match and possibly exceed those of equities.

  • John Abernethy
When you add in a dysfunctional US congress and an approaching election plus continuing problems in China, it’s clear why the bears are again on the prowl.

The big spending that could keep the US out of recession

The doomsayers were wrong with dire predictions late last year – and they could be off the mark this time, too.

  • James Weir
Melior co-founders Lucy Steed and Tim King.

Investors find value in championing social good

Impact investing is on the rise as more Australians seek to drive positive change as they reap financial returns.

  • Prashant Mehra
The government has emphasised that super is not an estate planning asset.

How to stop your super fund running out of money when you retire

‘De-risking’ your investment strategy is critical as you get older to retain your cash flow requirements and preserve the capital in your SMSF.

  • Ben Smythe

This Young Rich Lister loves psychedelics, crypto – and art

Prash Puspanathan, an early adopter of cryptocurrency, has commissioned a giant robot for his pool.

  • Michael Bailey
Adrian Portelli is one of the debutants on this year’s Young Rich list.

Lambo-loving Young Rich lister is a ‘shy person’

Known for his attention-seeking stunts and love of sports cars, Adrian Portelli has rocketed into the Young Rich List. But his business is under scrutiny.

  • Tony Davis and Michael Bailey

This school drop-out became a property magnate. Here’s how he did it

He was told he didn’t have the ‘capability’ to finish school. Now, Nigel Satterley has a $500 million empire that landed him on the Rich List.

  • Julie-anne Sprague
Robert Bates plays polo for the Ellerston Pink at the Archibald - Cudmore Trophy in Scone on Saturday.

Francesca Packer’s controversial fiancé makes polo appearance

The former Young Rich Lister – founder of failed wellness start-ups and dodger of furious investors – was spotted skirting around the edges of a particularly posh polo pack.

  • Jessica Sier
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Musician Hanna Oblikov has been carpooling to gigs and renting dresses instead of buying them to deal with the rising cost of living.

‘Only buy stuff for our kids’: Families pull back on spending

Petrol prices are just one of the rising costs pushing cellist Hanna Oblikov to cut back on new clothes and eating out – and research shows she’s not alone.

  • Euan Black
Philanthropist and regenerative farmer Alasdair MacLeod inside the Australian Museum’s new Pasifika Gallery which he supported with a $3 million donation

Murdoch-MacLeod museum gift sends lifeline to sinking island crafts

Former media executive Alasdair MacLeod said the initiative was already helping to revive traditional crafts of the region.

  • Samantha Hutchinson
In the second half of life, some things that may not have seemed important or attainable before move within reach.

Reached midlife? Time to write the retirement rules

In the second half of life, some things that may have seemed unattainable move within reach, so be curious about what might give your life a greater sense of meaning.

  • Bec Wilson
Forty per cent of retirees will struggle with the transition from full-time work to what comes next,

‘Nothing but a retiree’: why Boomers are turning to lifestyle coaches

Dramatic increases in life expectancy mean more years in retirement, but some people find themselves struggling to find worth and meaning.

  • Duncan Hughes

Michele Bullock’s anxiety is growing – with good reason

For the RBA governor, economic surprises, which might otherwise be welcome, could be the worst of all worlds for Australia right now.

  • Christopher Joye