Wealth in Australia: Sizing the Market Opportunity

2018-11-02
Price :
Published : Nov-2018
No. of Pages : 43

Wealth in Australia: Sizing the Market Opportunity

Summary

“Wealth in Australia: Sizing the Market Opportunity”, report analyzes the Australian wealth and retail savings and investments markets, with a focus on the HNW segment. The report is based on our proprietary datasets.

Although the outlook for Australian wealth growth remains steady, there are significant uncertainties in the financial sector. This includes a series of destabilizing factors in the international economic world order, mainly due to the US’s continued attempts to remake international trade in a way the country sees as more advantageous to its own interests. Meanwhile an enquiry into the domestic banking sector has demonstrated significant abuses of clients by the major banks – and the consequences of these findings may be severe. But despite the potential need for caution there is also considerable opportunity.

Specifically the report –
– Sizes the affluent market (both by number of individuals and the value of their liquid assets) using our proprietary datasets.
– Analyzes which asset classes are favored by Australian investors and how their preferences impact the growth of the total savings and investments market.
– Examines HNW clients’ attitudes towards non-traditional investments, such as property and commodities.
– Identifies key drivers and booking centers for offshore investments.
– Examines the tax landscape in Australia and future implications for investors.

Scope

– By the middle of 2018 an estimated 19 million adults were living in Australia. 4.2 million (20.1%) of these individuals could be considered affluent or HNW and eligible for a premium wealth management service.
– Deposits and equities remain by far the most popular means of investment.
– Wealth growth is once again focused on the Eastern Seaboard after the end of the mining boom.
– Offshore retail investors are only a minor element of most of Australia’s securities markets, barring bonds.

Reasons to buy

– Benchmark your share of the Australian wealth market against the current market size.
– Forecast your future growth prospects using our projections for the market.
– Identify your most promising client segment by analyzing penetration of affluent individuals in Australia.
– Review your offshore strategy by identifying HNW motivations for offshore investments and their preferred booking centers.

Filed in: Banking & Finance, Wealth Management
Publisher : GlobalData
More Reports
Title Price Buy Now

Retail Banking Market Dynamics: Indonesia 2018

Retail Banking Market Dynamics: Indonesia 2018 Summary "Retail Banking Market Dynamics: Indonesia 2018", report identifies macroeconomic and competitive dynamics that impact upon the Indonesian retail banking market. It provides insight into the outlook for deposits, credit cards, personal loans, and mortgages; net changes in market share across all four product areas; and overall financial performance, including profitability, efficiency, and income sources. The retail deposits and mortgages markets in Indonesia reported strong growth during 2013-17, but these gains are expected to decelerate over 2018-22. The credit card and personal loan markets are set to remain steady during this period compared to the review period. Indonesian banks have witnessed an increase in their profitabilit......
$2000

Enterprise Tech Ecosystem Series: Banco Santander

Enterprise Tech Ecosystem Series: Banco Santander Summary Santander has collaborated with companies such as IBM and Cloudera that offer expertise in cloud, AI, big data, and blockchain. The aim is to improve the security of its internal operations and its customers, increase employee productivity, enhance user experiences, upgrade advisors, reduce operational expenditures, and optimize its solutions against potential risks. Banco Santander is supporting new companies that aim to develop AI, big data, analytics, and risk management solutions. It does so by joining existing accelerator programs and creating new ones independently or in partnership with other accelerators. Santander has mostly invested in companies that enable it to optimize operational procedures both internally and for ......
$1295

Payments Landscape in Japan: Opportunities and Risks to 2022

Payments Landscape in Japan: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Japan: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Japanese cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, credit transfers, cards, and cheques during the review-period (2013-17e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country's competitive landscape, including the market shares of issuers and schemes. Th......
$2750

Payments Landscape in Hungary: Opportunities and Risks to 2022

Payments Landscape in Hungary: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Hungary: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Hungarian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, and direct debits during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry, and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country's competitive landscape, including the market shares of issuers and s......
$2750

Strategic Market Intelligence: Insurance Industry in Serbia – Key Trends and Opportunities to 2022

Strategic Market Intelligence: Insurance Industry in Serbia - Key Trends and Opportunities to 2022 Summary GlobalData's "Strategic Market Intelligence: Insurance Industry in Serbia - Key Trends and Opportunities to 2022", report provides a detailed outlook by product category for the Serbian insurance industry, and a comparison of the Serbian insurance with its regional counterparts. It provides values for key performance indicators such as written premium, paid claims, loss ratio, penetration, and density during the review period (2013-2017) and forecast period (2017-2022). The report also gives a comprehensive overview of the Serbian economy and demographics, and provides detailed information on the competitive landscape in the country. The report brings together GlobalData's resear......
$995

Strategic Market Intelligence: Insurance Industry in Tunisia – Key Trends and Opportunities to 2022

Strategic Market Intelligence: Insurance Industry in Tunisia - Key Trends and Opportunities to 2022 Summary GlobalData's "Strategic Market Intelligence: Insurance Industry in Tunisia - Key Trends and Opportunities to 2022", report provides a detailed outlook by product category for the Tunisian insurance industry, and a comparison of the Tunisian insurance with its regional counterparts. It provides values for key performance indicators such as written premium, paid claims, loss ratio, penetration, and density during the review period (2013-2017) and forecast period (2017-2022). The report also gives a comprehensive overview of the Tunisian economy and demographics, and provides detailed information on the competitive landscape in the country. The report brings together GlobalData's r......
$1450

Payments Landscape in Argentina: Opportunities and Risks to 2022

Payments Landscape in Argentina: Opportunities and Risks to 2022 Summary GlobalData's "Payments Landscape in Argentina: Opportunities and Risks to 2022", report provides detailed analysis of market trends in the Argentinian cards and payments industry. It provides values and volumes for a number of key performance indicators in the industry, including cash, cards, credit transfers, direct debits, and cheques during the review-period (2014-18e). The report also analyzes various payment card markets operating in the industry and provides detailed information on the number of cards in circulation, transaction values and volumes during the review-period and over the forecast-period (2018e-22f). It also offers information on the country's competitive landscape, including market shares of iss......
$2750

Retail Banking Market Dynamics: Poland 2018

Retail Banking Market Dynamics: Poland 2018 Summary "Retail Banking Market Dynamics: Poland 2018", report identifies macroeconomic and competitive dynamics that impact upon Poland's retail banking market. It provides insight into the outlook for deposits, credit cards, personal loans, and mortgages; net changes in market share across all four product areas; and overall financial performance, including profitability, efficiency, and income sources. The retail deposits market in Poland reported strong growth during 2013-17, but is expected to decrease slightly in the next five years. The mortgage market is forecast to accelerate over 2018-22 compared with the preceding five-year period, while the credit card market is anticipated to remain steady. Polish banks have witnessed a steady decl......
$2000

Competitor Profile: Revolut

Competitor Profile: Revolut Summary Revolut is an app-based payment solution that allows users to make domestic and international fund transfers to both Revolut and non-Revolut users. It also allows users to make online and in-store payments, as well as cash withdrawals at ATMs using Visa- and Mastercard-branded Revolut prepaid cards. In December 2017, Revolut introduced a new feature allowing users to buy and hold Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and XRP cryptocurrencies within the app. Users can also transfer these digital currencies to other Revolut users. Revolut allows users to top-up their Revolut account in 15 currencies using multiple payment methods, including bank transfers; Mastercard, Maestro, and Visa debit and credit cards; and payment solutions like Apple Pay an......
$350

Alternative Payment Solution: Visa Checkout

Alternative Payment Solution: Visa Checkout Summary Visa Checkout is an online payment solution developed by Visa. Launched in 2014, it replaced the V.me digital wallet solution first introduced in 2012. It allows users to store multiple card details and billing addresses for faster checkout. Visa Checkout works on all web-enabled devices. It is currently supported by more than 350,000 merchants globally, with more joining each month. No extra charges are associated with Visa Checkout in addition to regular interchange fees, which helps boost uptake among merchants. Visa Checkout supports all major payment schemes - including Visa, Mastercard, American Express, and Discover - and is supported by more than 1,600 financial institutions globally. In the US, it has collaborated with all of......
$350
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy