March
Why the Bendel case could lead to Division 7A’s long-overdue revamp
The big question is whether the government will apply another Band-aid solution or finally decide to simplify anti-avoidance laws.
What it takes to be in Australia’s top 1 per cent (in 6 charts)
Wondering how wealthy you are compared to your fellow Australians? Find out whether you rank in the top 25, 5 or 1 per cent.
‘We’ll fight’: Alex Waislitz on family battles and bad bets
The billionaire investor is mired in clashes with his ex-wife, future sister-in-law and developer Tim Gurner. But he’s up for it, he says.
Point Piper in a lather over car wash king’s swimming pool
Crystal’s Anthony Sahade has tried and (so far) failed to have a pool built 10 metres elevated above Sydney Harbour.
Billionaire Waislitz rejects claim of $21m in improper loans
Billionaire investor Alex Waislitz has denied his ex-wife Heloise Pratt’s claims that he improperly made $21 million in loans to spend on his fiancee.
February
Cannon-Brookes sacked CFO for ‘very significant’ transfer to his wife
The couple separated almost two years ago, and are in the midst of a messy fight as they split some $24 billion of assets after a 13-year marriage.
What family offices are investing in
This booming sector likes to keep a low profile. But its secrets aren’t always far from the surface.
Avoiding tax traps of succession planning
The ATO has telegraphed an interest in the intergenerational wealth transfer, which means taxpayers are probably getting something wrong.
January
ATO to crack down on Baby Boomer wealth transfer ‘risks’
The Australian Taxation Office says it will zero in on Baby Boomers restructuring private companies to pass billions onto their heirs.
Pratt’s granddaughter married in lavish Raheen wedding
The lavish garden wedding at the Pratt family mansion took place on the same day another branch of the clan were fighting it out over the $23 billion family empire.
December 2024
Smorgon stoush triggers gold mine fire sale
One of Australia’s most powerful families have pushed their Chinese partners in the Stawell gold mine into receivership.
Here’s how succession planning works at Patek Philippe
The president of the Geneva-based family company, Thierry Stern, and his son Adrien chat exclusively with Life & Leisure.
‘So many zeros’: Why wealthy divorces are so complex
At the centre of every split is the question of how to divide assets. But the more money that is involved, the more complicated the task tends to be.
Apple Martin and the strange enduring spectacle of debutante balls
The daughter of Gwyneth Paltrow and Coldplay’s Chris Martin was “presented to society” in a tradition that’s morphed with the changing nature of wealth and power.
Five tips from Buffett worth more than his wealth advice
As the billionaire investor gets deeper into his 90s, he is passing on tips about how to have a good life (as well as good investments).
November 2024
Rich women top UBS wish list as it targets $46b in Australia
The bank is returning to wealth management Down Under after it exited almost a decade ago, tapping the Credit Suisse franchise it bought to make a renewed charge.
Laurence Escalante’s VGW bulks up exec ranks as casinos bristle
Virtual Gaming Worlds was one of the early beneficiaries of a US legislative loophole in states where gambling is otherwise banned. It’s now under attack.
Signs you’re raising entitled brats (and how to avoid it)
Keeping children grounded and helping them understand the value of money is a perennial problem for wealthy parents. This dad reckons he has the answers.
Montessori Academy childcare founders reclaim control
Street Talk wouldn’t be surprised to see bankers add Montessori Academy to their list of IPO prospects as 95 per cent of the business transfers to the founders.
Case closed: Escala loses bid to restrict defecting partners
Paul Sealey and Jonathan Vickers‑Willis defected to rival LGT Crestone in 2023 amid a spate of departures.