In the far north of NSW lies a surprising pocket of affluence, home to households that, on average, have more money invested outside of property and superannuation than anywhere else in Australia.
It’s not glamorous Byron Bay, the retreat de jour for Hollywood celebrities and stressed-out Sydneysiders alike, but instead the postcode of 2469 – an area that takes in the Northern Rivers agricultural towns of Bonalbo, Chatsworth, Mallanganee, Old Bonalbo, Rappville and Tabulam.
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Michelle Bowes writes about personal finance from our Sydney newsroom. She has been a business journalist for 25 years and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
Daniel Reti specialises in data wrangling, developing interactive visuals and digital storytelling. Email Daniel at daniel.reti@nine.com.au
