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Thumbnail image for Global Wealth in 2010 – A New Report

Global Wealth in 2010 – A New Report

The analysis of 50 countries shows in the Allianz Global Wealth Report that the wealth losses as a consequence of the financial crisis have not yet been overcome, but at the same time the poor are getting richer faster than the rich are getting richer showing that the Global Financial Crisis has had a somewhat leveling effect.

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Thumbnail image for Number of World’s Millionaires Increased in 2009 Despite GFC

Number of World’s Millionaires Increased in 2009 Despite GFC

The world’s high-net-worth individuals improved their financial position in 2009 despite the Global Financial Crisis (GFC). There are now in excess of 10 million HNW-I’s in the world, and furthermore, their wealth increased by 18.9% to $39 trillion USD. Asian millionaires, led by those in Hong Kong and India, have now overtaken their European counterparts, with the total wealth of Asia’s 3 million millionaires increasing to $9.7 trillion USD, beating the $9.5 trillion USD held by Europe’s richest.

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Thumbnail image for What is Really Driving Australian Property Prices?

What is Really Driving Australian Property Prices?

In this article of Michael Marquette’s “View from the Bridge”, he looks at the factors that are REALLY driving Australian property prices, and an undersupply of real estate is not one of them. Instead, he focuses on the the changing nature of demographics, driven not just by prices but also demographics.

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Thumbnail image for Are Interest Rates in Australia Going to Rise Soon?

Are Interest Rates in Australia Going to Rise Soon?

Michael Marquette’s “View from the Bridge” this week looks at where Australian interest rates are heading: It is widely believed that Australian interest rates will increase by a further 0.25% when the Reserve Bank meets on February 2. The markets have already factored in the rise, with positive economic data showing continued strength within the economy.

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Thumbnail image for The Road to Recovery: The Global Financial Crisis and You

The Road to Recovery: The Global Financial Crisis and You

We recently held a poll for our readers to find out how 2009 was treating them and whether they felt things were getting better. Is the road to recovery real and how are people now seeing the global financial crisis?

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Thumbnail image for Quick Poll: How is Your Year Going?

Quick Poll: How is Your Year Going?

[polldaddy poll=1934146]

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