Wealth


Wealth news and insights for Australia’s small and medium business owners and entrepreneurs. Read the latest wealth news, trends and features and entrepreneur interviews about the wealth industry.

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Trends


Commonwealth Bank relaxes social media policy
Patrick Stafford The Commonwealth Bank has reportedly reduced the scope of its social media policy, no longer making staff responsible for comments made by others on their networking profiles. | Tuesday, 24 May 2011

Branson to head to ocean’s deepest depth in deep-sea submersible
Madeleine Heffernan Billionaire Richard Branson plans to head to the bottom of one of the world's deepest oceans, as part of Virgin's plans to send a deep-sea submersible into the each of the world's five oceans. | Wednesday, 6 April 2011

Commonwealth Bank launches new online ID check
Patrick Stafford The Commonwealth Bank has introduced new features into its online banking platform, now allowing users to open savings accounts or credit cards without having to enter a physical branch to confirm ID checks. | Tuesday, 14 September 2010

Queen calls for more tech innovation
Patrick Stafford There has been a new call for more research and development in the telecommunications and technology industries, but not from any business or entrepreneur. | Monday, 8 March 2010

Businessman gives away entire fortune
Patrick Stafford A British millionaire is giving away his money in order to help orphans. | Wednesday, 10 February 2010

Commonwealth Bank introduces contactless payments
Patrick Stafford CBA to introduce contactless payment terminals that will allow MasterCard PayPass and Visa PayWave cardholders to pay for purchases less than $100 by only waving their card over a reader. | Thursday, 15 October 2009

Landlords now search on Facebook
Patrick Stafford A new online service – RentMineOnline - allows landlords and potential tenants to connect via Facebook. | Tuesday, 25 August 2009

US customers to deposit cheques via iPhone
Patrick Stafford Customers of USAA bank in the States will soon be able to deposit cheques using their iPhones, by photographing the back and front of a cheque using the camera function. | Tuesday, 11 August 2009

Commonwealth Bank says Netbank crisis over
Patrick Stafford Amid complaints of continued internet banking problems, the Commonwealth Bank claims the crisis is over. | Tuesday, 7 July 2009

Most generous suburbs in Australia
Patrick Stafford Toowoomba in Queensland, Glen Waverley in Victoria and Mosman in NSW have been named as the top three most generous postcodes in the country by World Vision Australia. | Sunday, 24 May 2009

News


Forbes names Gina Rinehart richest woman in Asia-Pacific, but Gerry Harvey no longer a billionaire
Patrick Stafford Gina Rinehart has snagged the title of being the richest woman in the Asia-Pacific region with her fortune doubling to $US18 billion, according to the latest list of wealthy Australians compiled by Forbes. | Friday, 3 February 2012

Bank job cuts could lead to diminished customer services, longer wait times, fewer choices for SMEs
Madeleine Heffernan Expert says 14,000 jobs could go as banks battle weak credit demand and the European debt crisis. | Tuesday, 17 January 2012

Gina Rinehart appoints loyal daughter to family boards
Patrick Stafford Gina Rinehart has appointed the only one of her children who backed her in a vicious family dispute to the boards of three major mining companies that hold the key to Rinehart's multi-billion dollar fortune. | Monday, 9 January 2012

Aussie John Symond eyes more brokers, financial advice after posting 40% profit jump
Madeleine Heffernan Self-made millionaire John Symond wants to boost broker numbers, pick up more assets and build a financial advice service at Aussie Group. | Friday, 6 January 2012

Gina Rinehart sinks money into Mongolia-focused explorers: Report
Madeleine Heffernan Gina Rinehart has reportedly nabbed other investments in the resources industry, this time with small stakes in Mongolia-focused miners to add to her suite of resources and media assets. | Wednesday, 21 December 2011

Why retail’s not down and out – 10 glimmers of hope
Madeleine Heffernan Retail stocks were hammered again yesterday on the sharemarket, with beleaguered surfwear brand Billabong off another 15% and Myer and JB Hi-Fi shares down again. | Wednesday, 21 December 2011

Banks warn payments delayed over Christmas weekend
Patrick Stafford Businesses have been warned to make sure they complete all payments processing before the weekend, with NAB and ANZ telling customers it won't be able to process many transactions until after December 27. | Tuesday, 20 December 2011

James Packer gets $58 million Christmas bonus as tourism group sold
Madeleine Heffernan Billionaire James Packer has capped a busy 2011 by agreeing to offload his stake in the tourism business behind the Mt Hotham and Falls Creek ski resorts and Melbourne Aquarium for just over $58 million. | Tuesday, 20 December 2011

CommBank network failure sign of things to come if banks don’t invest in IT: Expert
Patrick Stafford Banks must continue to upgrade their payment networks or risk losing more customers if more incidents like yesterday's Commonwealth Bank outage occur. | Wednesday, 14 December 2011

ATO cracks down on wealthy boat owners, more data-matching tipped
Patrick Stafford The taxman is cracking down on boat owners, with the ATO undergoing a new data-matching campaign to identify more than 110,000 people who own vessels worth more than $25,000. | Tuesday, 13 December 2011

Features


Our most influential rich lister – and it’s not Gina Rinehart
James Thomson Can you name this rich list member? | Sunday, 5 February 2012

12 rich list members to watch in 2012
James Thomson What will 2012 bring for these 12 billionaire entrepreneurs? | Monday, 16 January 2012

Seven ways the young rich are doing it differently
James Thomson The new entrepreneurs on the Young Rich list have some very different ideas about building an empire. Here are seven of their strategies. | Sunday, 8 January 2012

The best and worst in wealth for 2011
James Thomson Throughout 2011 there are been plenty of highlights and quite a few lowlights in the world of the wealthy. | Sunday, 18 December 2011

Rinehart still on top of end-of-year rich list
James Thomson Falling iron ore prices haven't prevented Gina Rinehart from retaining top spot on our special end-of-year rich list. | Sunday, 11 December 2011

Why the Packers back the little guys
James Thomson From canny investments in Seek and Carsales.com to the recent sale of cosmetics company Jurlique, the Packers have had some big hits over the years. | Sunday, 4 December 2011

The billion dollar blues
James Thomson The GFC has undoubtedly hit Australia's billionaires hard. We take a closer look at how their fortunes are faring. | Sunday, 27 November 2011

Where the billionaires are buying
James Thomson What investment trends can we spot from Wall Street's titans? Let's scan the third quarter filings and learn more. | Sunday, 20 November 2011

Behind Groupon’s quiet billionaires
James Thomson Eric Lefkofsky and Brad Keywell are the two entrepreneurs who have driven Groupon’s development, and become quiet billionaires in their own right. | Sunday, 13 November 2011

How the 1% see the Occupy movements
James Thomson One member of the 1% under attack by the Occupy movement has been brave enough to put his head above the parapet and have his say. | Sunday, 6 November 2011

Entrepreneur Zone


Recruiter rides the outsourcing wave
Amanda Gome Andrew Banks heads the winning HR firm Talent2, and has built a highly successful and lucrative career from making canny calls on recruitment trends. He tells AMANDA GOME about his strategies and predictions. | Tuesday, 14 October 2008

Digital directions
Amanda Gome John O’Neill, the chair of online strategy and digital agency Komosion, talks to AMANDA GOME about shaking the status quo in the face of the changing online space. | Thursday, 18 September 2008

Digital directions
Amanda Gome John O’Neill, the chair of online strategy and digital agency Komosion, talks to AMANDA GOME about shaking the status quo in the face of the changing online space. | Tuesday, 26 August 2008

Life after Destra, and the digital future
Amanda Gome Dominic Carosa, 33, was until two months ago, the founder and chief executive of digital media and entertainment company Destra Corporation. He talks to AMANDA GOME about life after Destra, the lessons he learnt, his new plans and how the digital world is | Monday, 23 June 2008

Internet pioneer on new web trends
Amanda Gome Lloyd Ernst had an early start on the web, and has learnt how to achieve growth the hard way. He talks to AMANDA GOME about future web directions and what’s in the pipeline. | Thursday, 24 January 2008

Social central
Jacqui Walker Bebo, one of the most popular social networking sites, has 40 million registered members. Founders Michael and Xochi Birch talk to JACQUI WALKER about web trends and priorities for the future. | Tuesday, 18 December 2007

Social central
Jacqui Walker Bebo, one of the most popular social networking sites, has 40 million registered members. Founders Michael and Xochi Birch tolk to JACQUI WALKER about web trends and priorities for the future. | Thursday, 13 December 2007

Trend master
Amanda Gome What will the world be like in 30 years? And what opportunities will this world provide entrepreneurs? Europe's foremost futurist, Ray Hammond, tells AMANDA GOME. | Monday, 10 December 2007

Trend master
Amanda Gome What will the world be like in 30 years? And what opportunities will this world provide entrepreneurs? Europe's foremost futurist, Ray Hammond, tells AMANDA GOME. | Friday, 2 November 2007

Trend master
Amanda Gome What will the world be like in 30 years? And what opportunities will this world provide entrepreneurs? Europe's foremost futurist, Ray Hammond, tells AMANDA GOME. | Wednesday, 24 October 2007
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