{"id":252631,"date":"2026-07-13T02:14:16","date_gmt":"2026-07-12T23:14:16","guid":{"rendered":"https:\/\/1kitap1.com\/en\/australian-financial-review-4-march-2026-australian-financial-review\/"},"modified":"2026-07-13T02:14:16","modified_gmt":"2026-07-12T23:14:16","slug":"australian-financial-review-4-march-2026-australian-financial-review","status":"publish","type":"post","link":"https:\/\/1kitap1.com\/en\/australian-financial-review-4-march-2026-australian-financial-review\/","title":{"rendered":"Australian Financial Review – 4 March 2026 – Australian Financial Review"},"content":{"rendered":"
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Wealth preservation: The ultra-wealthy are investing more in long- term value locations like Hong Kong. \u201c[The ultra-wealthy] tend to be attracted by scarcity rather than size.\u201d Rasti Vaibhav Words by Sue Williams Ultra-wealthy Australians have rarely had it so good. Many have seen their assets double in value over the past five years, and are able to take a long-term view to capitalise on counter- cyclical investment. A huge number are now investing in office and industrial buildings, often through syndicates, says Adrian Frinsdorf, partner at wealth advisors William Buck Australia.<\/p>\n

\u201cThere\u2019s a lot of investment occurring at the moment in South Australia because there\u2019s no stamp duty payable on commercial buildings there,\u201d he says. \u201cPeople like to diversify into commercial, and that state is doing very well. \u201cYou might buy a building for $5 million in South Australia, but if you bought an equivalent in Sydney or Melbourne, it could cost you a lot more, and you\u2019re down 5 per cent on tax even before you start.<\/p>\n

There\u2019s a lot of fear and uncertainty around the world at the moment, so Australia is attractive.\u201d It\u2019s a similar case overseas, Frinsdorf says. In the United States, high-net-worth individuals are also spending big on medium-sized manufacturing companies that are benefiting from Trump tax cuts and the falling US dollar. They\u2019re also looking at similar businesses in Europe \u2013 which have tended, up until now, to be out of the limelight \u2013 but are staying away from software companies.<\/p>\n

The only residential properties they\u2019re buying tend to be lifestyle properties, like beach and river houses, where they can spend quality time. Rasti Vaibhav, founder of buyers agency Get RARE Properties, agrees. He says the ultra- wealthy are constantly looking for pedigree lifestyle homes in iconic locations and \u201ctend to be attracted by scarcity rather than size\u201d. \u201cThey\u2019re looking for long-term capital value and legacy assets they can use to park their generational wealth,\u201d Vaibhav says. \u201cThey\u2019re seeking out security and privacy and the prestige of having land, or a home, at the top end of town.<\/p>\n

It\u2019s all about wealth preservation.\u201d That might mean buying homes in Bellevue Hill or Vaucluse in Sydney, or Toorak or Brighton in Melbourne, or on the Sunshine Coast in Queensland, he says. Overseas, they\u2019re also looking at property in Hong Kong, Singapore, New York and London. Also on the radar is good commercial property back home. It\u2019s a fact that current yields on commercial property are proving very attractive to the ultra-wealthy now, says Andrew Zbik, director and strategic financial advisor at CreationWealth, as are investments in wholesale bond markets via the Australian Bond Exchange.<\/p>\n

\u201cA lot of our clients became wealthy as a result of the businesses they owned, or still operate, and they tend to buy their own premises first,\u201d Zbik says. \u201cThat\u2019s a no-brainer.<\/p>\n

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Two of Wall Street\u2019s most in\ufb02uential investors have warned that businesses and governments are unprepared for the employment upheaval that will be wrought by the rapidly increasing sophistication of arti\ufb01cial intelligence. Oaktree Capital Management co- chairman Howard Marks said mass lay- offs at Jack Dorsey\u2019s Block last week, whichincluded650AustralianAfterpay staff, were the \u2018\u2018\ufb01rst canary in the coal mine,\u2019\u2019 for greater disruption to come.<\/p>\n

Meanwhile, Jenny Johnson, the president of global investment giant FranklinTempleton, warnedthatback- ing data centres and chip makers wouldbeinsuf\ufb01cienttomakeAustralia an AI winner, as AirTrunk\u2019s Robin Khuda said excessive bureaucracy was causing the country to miss out. Describing AI\u2019s threat to the func- tioningofsocietyaslikea\u2018\u2018freighttrain\u2019\u2019 that\u2019s currently off in the distance, Marks said governments should appoint a panel of experts to \ufb01gure out whether policies like universal basic income payments were viable. Laid-off staff would take at least six monthsto\ufb01ndnew jobs,hesaid,andhe was sceptical about tech industry claims that new jobs would materialise.<\/p>\n

\u2018\u2018I think that we get a lot from our work, other than just a cheque. We get our structure, a reason to be out of the house in the morning,\u2019\u2019 he said. \u2018\u2018If you did an overlap, looked at the places in the US where people lost jobs to auto- mation and offshoring, you would \ufb01nd a high correlation with the places where they had epidemics of opioid addiction, so I am very worried about this.\u2019\u2019 Johnson said a generation would facejobdisruption, andthatbusinesses werenotpreparingsuf\ufb01cientlytocapit- alise on the positives of the innovation.<\/p>\n

5 S4 Fix tax, cut NDIS for long-term prosperity, CEOs tell Chalmers 5Business leaders call on Labor to cut spending and introduce economic reform and pro-growth policies \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf \u25cf John Kehoe and Angira Bharadwaj Continued S4 Leaders of the country\u2019s two largest companies say the Albanese govern- ment should use its next budget to implement ambitious tax reform and pro-growth policies, while cutting spendingonsocialbene\ufb01tstosetupthe nation\u2019s long-term prosperity.<\/p>\n

Treasurer JimChalmers ispreparing to hand down a federal budget on May 12 amid sticky in\ufb02ation, stagnant pro- ductivity, declining real wages and a decade offorecast de\ufb01cits anddebt that is poised to top $1 trillion within weeks.<\/p>\n<\/blockquote>\n

This is a short excerpt from the opening of “” by Unknown, quoted for review and introduction purposes. All rights belong to the copyright holders.<\/em><\/p>\n

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