Synopsis
This report is the result of WealthInsights extensive research covering the high net worth individual (HNWI) population and wealth management market in Australia.
Scope
Independent market sizing of the Australian HNWIs for five wealth bands
HNWI volume, wealth and allocation trends from 2011 to 2015
HNWI volume, wealth and allocation forecasts to 2020
HNWI and UHNWI asset allocations across 13 asset classes
Geographical breakdown of all foreign assets
Alternative breakdown of liquid vs investable assets
Details of the development, challenges and opportunities related to the wealth management and private banking sector in Australia
The size of Australian wealth management industry
Information on private banks
Detailed wealth management and family office information
Insights into the drivers of HNWI wealth
Summary
This report reviews the performance and asset allocations of HNWIs and ultra-HNWIs in Australia. It also includes an evaluation of the local wealth management market.
Reasons To Buy
Australia Wealth Report 2016 is an unparalleled resource, and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the report comprises a wide variety of data, created based on over 125,000 HNWIs from around the world in WealthInsights database.
With the wealth reports as the foundation for its research and analysis, WealthInsight is able to obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions it covers.
The report reviews the performance and asset allocations of HNWIs and ultra-HNWIs. The report also includes projections of the volume, wealth and asset allocations of HNWIs to 2019, and a comprehensive background of the local economy.
The report provides a thorough analysis of the private banking and wealth management sector, the latest merger and acquisition activity, and the opportunities and challenges that the sector faces.
Key highlights
There were 313,027 HNWIs in Australia in 2015, which collectively held US$987.1 billion in wealth.
The Australian HNWI population rose by 2.1% in 2015, following a 1.5% increase in 2014.
The Australian HNWI population is forecast to grow by 17.8% to reach 381,966 in 2020, while HNWI wealth is projected to grow by 31.3% to reach US$1.4 trillion.
Table Of Contents
Table of Contents
1 Introduction
1.1 Details of this Report
1.2 Definitions
2 Executive Summary
3 Australia Key Facts
4 Distribution of Wealth in Australia
4.1 HNWI Volume and Wealth Trends
5 Findings from the WealthInsight HNWI Database
5.1 Trends in HNWI Wealth to 2020
5.1.1 HNWI trend analysis
5.1.2 Wealth band trends
5.1.3 Demographic breakdown of HNWIs
5.1.4 HNWIs - job titles
5.1.5 HNWIs - industry breakdown
5.1.6 HNWIs - industry performance
5.1.7 HNWIs - breakdown by city
5.1.8 HNWIs - city performance
5.1.9 HNWIs - city population densities
5.1.10 HNWIs - city forecasts
5.2 UHNWIs
5.2.1 UHNWI volume trend analysis
5.2.2 UHNWI wealth trend analysis
5.2.3 Demographic breakdown of UHNWIs
5.2.4 UHNWIs - industry breakdown
5.2.5 UHNWIs - city breakdown and performance
5.3 UHNWIs - Billionaires
5.3.1 Billionaire volume trend analysis
5.3.2 Billionaire wealth trend analysis
5.3.3 Billionaire per capita net worth trend analysis
5.3.4 List of billionaires
5.4 UHNWIs - Centimillionaires
5.4.1 Centimillionaire volume trend analysis
5.4.2 Centimillionaire wealth trend analysis
5.4.3 Centimillionaire per capita net worth trend analysis
5.5 UHNWIs - Affluent Millionaires
5.5.1 Affluent millionaire volume trend analysis
5.5.2 Affluent millionaire wealth trend analysis
5.5.3 Affluent millionaire per capita net worth trend analysis
5.6 Core HNWIs
5.6.1 Core HNWI volume trend analysis
5.7 Core HNWIs - Mid-Tier Millionaires
5.7.1 Mid-tier millionaire volume trend analysis
5.7.2 Mid-tier millionaire wealth trend analysis
5.7.3 Mid-tier millionaire per capita net worth trend analysis
5.8 Core HNWIs - Lower-Tier Millionaires
5.8.1 Lower-tier millionaire volume trend analysis
5.8.2 Lower-tier millionaire wealth trend analysis
5.8.3 Lower-tier millionaire per capita net worth trend analysis
6 Analysis of Australian HNWI Investments
6.1 Analysis by Asset Class
6.1.1 Trends in alternative assets
6.1.2 Trends in ‘art, wine and wheels
6.1.3 Trends of investment in real estate
6.1.4 Trends of investment in cash and deposits
6.1.5 Trends of investment in fixed-income
6.1.6 Investment trends in equity
6.1.7 Investments trends in business interests
6.2 Analysis of Foreign Investments
6.2.1 Investments in Europe
6.2.2 Investments in North America (including the US, Mexico and the Caribbean)
6.2.3 Investments in Asia-Pacific
6.2.4 Investments in South America
6.2.5 Investments in the Middle East
6.2.6 Investments in Africa
6.3 Alternative Breakdown: Liquid vs Investable Assets
6.4 Analysis of Australian UHNWI Investments
7 Competitive Landscape
7.1 Domestic Private Banks
7.2 Foreign Private Banks
7.3 Wealth Managers
7.4 Family Offices
8 Key Drivers
8.1 AUD-US$ Exchange Rate
8.2 Real GDP Growth
8.3 Per Capita GDP
8.4 Domestic Market Capitalization
8.5 Commodity Index
8.6 Foreign Direct Investment (FDI) - Inflows and Outflows
8.7 Inflation
8.8 Interest Rate
8.9 Balance of Payments
8.10 Government Debt
8.11 Stock Market Performance
8.12 Wealth Breakdowns
9 About WealthInsight
List Of Tables
Table 1: HNWI Wealth Band and Group Definitions
Table 2: Australian HNWIs - Volume Distribution (%), 2015
Table 3: Australian HNWIs - Wealth Distribution Wealth Pyramid (%), 2015
Table 4: Australian HNWIs - Industry Performance (%), 2011-2015
Table 5: Australian HNWIs - Cities, 2015
Table 6: Australian HNWIs - Growth in Top Cities (Thousand), 2011-2015
Table 7: Australian HNWIs - Population Density in Major Cities 2015
Table 8: Australian HNWIs - Populations in Top Cities (Thousand), 2011-2020
Table 9: Australian HNWIs - Growth Rates for Top Cities (%), 2011-2020
Table 10: Australian HNWIs - Sources of Wealth (%), 2015
Table 11: Australian UHNWIs - Gender Performance (%), 2011-2015
Table 12: Australian UHNWIs - Populations in Top Cities, 2011-2020
Table 13: Australian UHNWIs - Growth Rates for Top Cities (%), 2011-2020
Table 14: Australian Billionaires - Market Overview (Volume and US$ Billions) 2011-2020
Table 15: Australian Top Billionaires (US$ Billion), 2015
Table 16: Australian Billionaires - Wealth Growth (US$ Billion), 2011?2015
Table 17: Australian Centimillionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Table 18: Australian Affluent Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Table 19: Australian Mid-Tier Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Table 20: Australian Lower-Tier Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Table 21: Australian HNWIs - Assets Allocations (%), 2011-2020
Table 22: Australian HNWIs - Holdings Growth (%), 2011-2020
Table 23: Australian HNWIs - Alternative Asset Composition (%), 2011-2020
Table 24: Australian HNWIs - Trends of Investments in Alternative Assets (%), 2011-2020
Table 25: Australian Trends in ‘Art, Wine and Wheels, 2011-2015
Table 26: Global Prime Real Estate Prices per m2 (US$), 2015
Table 27: Australian HNWIs - Foreign Investment Allocations (%), 2011-2020
Table 28: Australian HNWIs - Liquidity Breakdown (US$ Billion), 2011-2020
Table 29: Australian HNWIs - Liquidity Breakdown (%), 2011-2020
Table 30: Australian UHNWIs - Allocations and Share of HNWI Assets (%), 2015
Table 31: Australian Exchange Rate - AUD-US$ Exchange Rate, 2011-2020
Table 32: Australian Real GDP Growth (%), 2011-2020
Table 33: Australian GDP per Capita (US$), 2011-2020
Table 34: Australian Domestic Market Capitalization (US$ Billion), 2011-2015
Table 35: Australian Commodity Indices, 2011-2020
Table 36: Australian Foreign Direct Investment (US$ Billion), 2011-2020
Table 37: Australian Inflation Rate (%), 2011-2020
Table 38: Australian Money Market Rate (%), 2011-2020
Table 39: Australian Balance of Payments (US$ Billion), 2011-2015
Table 40: Australian Government Debt as a Percentage of GDP (%), 2011-2020
Table 41: Australian Stock Market Performance (Index), 2011-2015
Table 42: Australian HNWI Wealth vs. GDP Ratio (%), 2011-2020
Table 43: Australia - Appendix One
Table 44: Australia - Appendix Two
List Of Figures
Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of Australia
Figure 3: Australian Asset Price Performance (%), 2011-2015
Figure 4: Australian HNWI Performance (US$ Billion and HNWI Volume), 2011-2020
Figure 5: Australian vs Global HNWIs (%), 2011-2015
Figure 6: Australian HNWIs - Growth Factor Correlation, 2011-2015
Figure 7: Australian HNWIs - Wealth Pyramid (Volume Distribution), 2015
Figure 8: Australian HNWIs - Wealth Pyramid (Wealth Distribution), 2015
Figure 9: Australian HNWIs - Age Distribution (%), 2015
Figure 10: Australian HNWIs - Job Titles (%), 2011-2015
Figure 11: Australian HNWIs - Distribution by Industry (%), 2015
Figure 12: Australian HNWIs - City Performance (%), 2011-2015
Figure 13: Australian HNWIs - Volume of HNWIs by City (Thousand), 2011-2015
Figure 14: Australian HNWIs - City Forecasts (%), 2016-2020
Figure 15: Australian HNWIs - Population by City (Thousand), 2016-2020
Figure 16: Australian UHNWIs - Wealth Share vs Volume Growth (%), 2011-2015
Figure 17: Australian UHNWIs - Volume by Wealth Band 2011-2020
Figure 18: Australian UHNWIs - Wealth by Wealth Band (US$ Billion), 2011-2020
Figure 19: Australian UHNWIs - Age Distribution (Percentage Share), 2015
Figure 20: Australian UHNWIs - Distribution by Industry (%), 2015
Figure 21: Australian Billionaires - Market Overview (Volume and US$ Billion), 2011-2020
Figure 22: Australian Centimillionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Figure 23: Australian Affluent Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Figure 24: Australian Mid-Tier Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Figure 25: Australian Lower-Tier Millionaires - Market Overview (Volume and US$ Million/Billion), 2011-2020
Figure 26: Australian HNWs - Asset Class Composition (%), 2011-2020
Figure 27: Australian HNWIs - Trends in Alternative Assets (US$ Billion), 2011-2020
Figure 28: Australian Trends in ‘Art, Wine and Wheels, 2011-2015
Figure 29: Australian HNWIs - Foreign Investment Allocation and Growth (%), 2015
Figure 30: Australian HNWIs - Global Distribution of Foreign Investments (%), 2011-2020
Figure 31: Australian HNWIs - Liquidity Breakdown (%), 2011-2020
Figure 32: Australian UHNWIs - Asset Class Composition (%), 2011-2020
Figure 33: Australian Exchange Rate - AUD-US$, 2011-2020
Figure 34: Australian Real GDP Growth (%), 2011-2020
Figure 35: Australian GDP per Capita (US$), 2011-2020
Figure 36: Australian Domestic Market Capitalization (US$ Billion), 2011-2015
Figure 37: Australian Commodity Indices, 2011-2020
Figure 38: Australian Foreign Direct Investment (US$ Billion), 2011-2020
Figure 39: Australian Inflation Rate (%), 2011-2020
Figure 40: Australian Money Market Rate (%), 2011-2020
Figure 41: Australian Balance of Payments (US$ Billion), 2011-2015
Figure 42: Australian Government Debt as a Percentage of GDP (%), 2011-2020
Figure 43: Australian Stock Market Performance (Index), 2011-2015
Figure 44: Australian HNWI Wealth vs GDP Ratio (%), 2011-2020
Figure 45: Australian HNWIs - Volume by Wealth Band, 2011-2020
Figure 46: Australian HNWIs - Wealth by Wealth Band (US$ Billion), 2011-2020
Figure 47: Australian HNWIs - Wealth per Capita (US$ Million), 2011-2020
