HNWI Market Trends in Australia Analyzed in New WealthInsight Report Published at MarketPublishers.com23 Aug 2013 • by Natalie Aster
LONDON – In 2012, there were over 300,000 of high net worth individuals (HNWIs) in Australia, together holding almost USD 900 billion in wealth. HNWI numbers in the country escalated by about 20% during 2007-2012, while the worldwide HNWI volumes came down by almost 0.5% during the same period. In 2012 alone, the number of HNWIs in Australia grew by nearly 10% following a decline of over 2.5% in 2011.
Through 2017 the total number of HNWIs in Australia is expected to amount to about 401,890, representing a rise by 33%. The total HNWI wealth in the country is predicted to increase by almost 60% to be assessed at approximately USD 1,420 by end-2017.
New market research report “High Net Worth Trends in Australia 2013” created by WealthInsight provides a comprehensive picture of the HNWI population and wealth management industry trends in Australia. The study comprises data on wealth sector fundamentals, the political and economic background of the country. The study unveils the ways of wealth distribution in Australia, examines the drivers and restraints of the HNWI population and wealth management market. Focusing on HNWI performance between late 2007 and late 2012, the report presents information on HNWI volume and wealth trends, HNWI and UHNWI asset allocations across 13 asset classes, as well as the fastest growing cities and states for UHNWIs. HNWI volume and wealth forecasts to 2017 are available in the study, too.
Companies mentioned in the report include: NAB Private Wealth, ANZ Private Bank, Macquarie Private Bank, UBS Wealth Management Australia, Bendigo Wealth, and Commonwealth Private.
High Net Worth Trends in Australia 2013
Published: August, 2013
Price: US$ 1,995.00
More Cutting-Edge Market Research Reports by WealthInsight Comprise:
- Australia 2013 Wealth Book: Western Wealth, Eastern Growth
- Challenges and Opportunities for the Wealth Sector in Australia 2013
- HNWI Asset Allocation in Australia 2013
- Ultra HNWIs in Australia 2013
More new market research report by the publisher can be found at WealthInsight page.