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Wealth

People

Yesterday

The Australian Club made a $1.2m loss in 2022.

Leaked letter lashes Australia Club’s ‘ungentlemanly’ gossiping

Smoking pipes indoors? Gossiping about one’s fellow members? Things are turning decidedly spicy at Melbourne’s Australian Club.

  • Myriam Robin

This Month

Sam Altman has joined Forbes’ rich list.

A new class system is emerging even within the world’s 1pc

The Forbes’ rich list has gained $US2 trillion as Taylor Swift and Sam Altman have become billionaires, but 14 people at the top belong in a new category.

  • Lucy Burton

March

Allan Myers has quit the Melbourne Club, and not gone quietly.

Allan Myers quits Melbourne Club over racism claim

Despite so much in common, Allan Myers and the Melbourne Club have parted ways. And not amicably.

  • Myriam Robin
Amy Patrick: “Asking for help is not a sign of weakness.”

Finance wanted me to be macho. I preferred honesty

A fund manager describes how she learnt that humility could make her a successful investor and manager.

  • Amy Xie Patrick

Australia’s 75 richest women now control more than $151b

The wealth of Australia’s richest 75 women soared by 30 per cent over the past year, as entrepreneurs in resources, tech, property and fashion enjoyed the fruits of a resurgent market.

  • Michael Bailey and Yolanda Redrup
Gina Rinehart says the 22 per cent gender pay gap at her Hancock Prospecting is the temporary result of helping women enter the mining industry.

Rinehart blames Hancock pay gap on ‘helping women’ into mining

A 22 per cent gender pay gap at Hancock, versus a 15 per cent for all miners, is the temporary result of getting more women into the industry, Gina Rinehart says.

  • Michael Bailey and Yolanda Redrup

February

Residential prime real estate prices  are forecast by Knight Frank to rise by 5 per cent in Sydney this year.

The sum you need to make it into the top 1pc in Australia

Joining the top 1 per cent of wealthy Australians became easier last year as the country’s rich were hit with a weaker Aussie dollar and slowing economic growth.

  • Primrose Riordan
Humanitix founders Adam McCurdie and Joshua Ross.

A philosopher’s view on the secret to business success

Companies which donate their profits to good causes grow faster, live longer, and are more profitable, such as ticketer Humanitix.

  • Peter Singer
Penny Dakin, Nicola Forrest and Louise Olney of the Minderoo Foundation.

Forrests give $150m to gender equality fund

Billionaires Andrew and Nicola Forrest have put the largest grant from their Minderoo Foundation towards work to create a fairer world for women and girls.

  • Brad Thompson