High Net Worth Trends in Australia 2013

Published: Aug, 2013 | Pages: 81 | Publisher: WealthInsight
Industry: Wealth Management | Report Format: Electronic (PDF)


Synopsis
 This report is the result of WealthInsight's extensive research covering the high net worth individual (HNWI) population and wealth management market in Australia.
 The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country's HNWIs have performed through the crisis.
Summary
This report provides projections of the volume and wealth of Australia HNWIs. This includes demographic trends (2008-2012) and findings of the proprietary WealthInsight HNWI database.
Scope
 Independent market sizing of Australia HNWIs across five wealth bands
 HNWI volume and wealth trends from 2007 to 2012
 HNWI volume and wealth forecasts to 2017
 HNWI and UHNWI asset allocations across 13 asset classes 
 Number of UHNWIs in each state and all major cities
 Fastest growing cities and states for UHNWIs (2007-2012)
 Insights into the drivers of HNWI wealth
Reason To Buy
 The WealthInsight Intelligence Center Database is an unparalleled resource and the leading resource of its kind. Compiled and curated by a team of expert research specialists, the database comprises dossiers on over 60,000 HNWIs from around the world.
 The Intelligence Center also includes tracking of wealth and liquidity events as they happen and detailed profiles of major private banks, wealth managers and family offices in each market.
 With the Database as the foundation for our research and analysis, we are able obtain an unsurpassed level of granularity, insight and authority on the HNWI and wealth management universe in each of the countries and regions we cover.
 Report includes comprehensive forecasts to 2017.
Key Highlights
 There were just over 302,000 HNWIs in Australia in 2012. These HNWIs collectively held US$899 billion in wealth, which equated to 15.5% of the total individual wealth held in the country. 
 Australian HNWIs overperformed compared to the global average during the review period. Australian HNWI numbers increased by 19.7%. while worldwide HNWI volumes declined by 0.3%.
 In 2012, Australian HNWI numbers rose by 9.9%, following a drop of 2.7% in 2011.
 Growth in HNWI wealth and volumes is expected over the forecast period. The total number of Australian HNWIs is forecast to grow by 33%, to reach over 401,887 in 2017. HNWI wealth is projected to grow by 58% to reach US$1,418 billion by 2017.

 1 Introduction 
1.1 Details of this Report 
1.2 Definitions 
2 Executive Summary 
3 Wealth Sector Fundamentals 
3.1 Political Background 
3.2 Economic Background 
3.3 Benchmarking Australia Wealth in Context 
3.3.1 World statistics 
3.3.2 Distribution of wealth in Australia 
3.4 HNWI Volume and Wealth Trends 
4 Findings from the WealthInsight HNWI Database 
4.1 Trends in HNWI Wealth to 2017 
4.1.1 HNWI trend analysis 
4.1.2 Trends of the wealth bands 
4.1.3 Demographic breakdown of HNWIs 
4.1.4 HNWIs - job titles 
4.1.5 HNWIs - industry breakdown 
4.1.6 HNWIs - industry performance 
4.1.7 HNWIs - breakdown by city 
4.1.8 HNWIs - city performance 
4.1.9 HNWIs - city population densities 
4.1.10 HNWIs - city forecasts 
4.1.11 HNWIs - breakdown by state 
4.1.12 HNWIs - state performance 
4.1.13 HNWIs - state population densities 
4.2 UHNWIs 
4.2.1 UHNWI volume trend analysis 
4.2.2 UHNWI wealth trend analysis 
4.2.3 Demographic breakdown of UHNWIs 
4.2.4 UHNWIs - Industry Breakdown 
4.2.5 UHNWIs - city breakdown and performance 
4.3 UHNWIs - Billionaires 
4.3.1 Billionaire volume trend analysis 
4.3.2 Billionaire wealth trend analysis 
4.3.3 Billionaire per capita net worth trend analysis 
4.3.4 List of billionaires 
4.4 UHNWIs - Centimillionaires 
4.4.1 Centimillionaires volume trend analysis 
4.4.2 Centimillionaires wealth trend analysis 
4.4.3 Centimillionaires per capita net worth trend analysis 
4.5 UHNWIs - Affluent Millionaires 
4.5.1 Affluent millionaire volume trend analysis 
4.5.2 Affluent millionaire wealth trend analysis 
4.5.3 Affluent millionaire per capita net worth trend analysis 
4.6 Core HNWIs 
4.6.1 Core HNWI volume trend analysis 
4.7 Core HNWIs - Mid-Tier Millionaires 
4.7.1 Mid-tier millionaire volume trend analysis 
4.7.2 Mid-tier millionaire wealth trend analysis 
4.7.3 Mid-tier millionaire per capita net worth trend analysis 
4.8 Core HNWIs - Lower-Tier Millionaires 
4.8.1 Lower-tier millionaire volume trend analysis 
4.8.2 Lower-tier millionaire wealth trend analysis 
4.8.3 Lower-tier millionaire per capita net worth trend analysis 
5 Appendix 
5.1 Regulations on taxes 
5.2 Key Drivers 
5.2.1 LC to US$ exchange rate 
5.2.2 Real GDP growth 
5.2.3 Per capita GDP 
5.2.4 Domestic market capitalization 
5.2.5 Commodity index 
5.2.6 Foreign direct investment 
5.2.7 Inflation rate 
5.2.8 Interest rate 
5.2.9 Balance of payments 
5.2.10 Government debt 
5.2.11 Stock market performance 
5.3 Wealth Breakdown 
6 About WealthInsight

Table 1: HNWI Wealth Band and Group Definitions 
Table 2: Major States in Australia 2012
Table 3: Largest Cities in Australia 2012 
Table 4: Fastest Growing Cities in Australia by Population, 2006-2011 
Table 5: Australian HNWIs - Volume Distribution Wealth Pyramid, 2012 
Table 6: Australian HNWIs - Wealth Distribution Wealth Pyramid (%), 2012 
Table 7: Australian HNWI Industry Performance, 2007-2012 
Table 8: Australian HNWIs - Cities, 2012 
Table 9: Australian HNWIs in Top Cities, 2007-2012 
Table 10: Australian HNWIs - Population Density in Major Cities, 2012 
Table 11: Australian HNWIs in Top Cities, 2007-2017 
Table 12: Australian HNWI Growth Rates for Top Cities, 2007-2017 
Table 13: Australian HNWIs - by States, 2012 
Table 14: Australian HNWIs - State Performance, 2007-2012 
Table 15: Australian HNWIs - Population Density in States, 2012 
Table 16: Australian UHNWIs - Gender Performance, 2007-2012 
Table 17: Australian UHNWIs - Source of Wealth (%), 2012 
Table 18: Australian UHNWIs in Top Cities, 2007-2017
Table 19: Australian UHNWI Growth Rates for Top Cities, 2007-2017 
Table 20: Australian Billionaires - Market Overview (US$ Billions) 2007-2017 
Table 21: Australia Top 10 Billionaires (US$ Billions), 2012 
Table 22: Australia Billionaire Wealth Growth, 2007?2012 
Table 23: Australian Centimillionaires - Market Overview, 2007-2017 
Table 24: Australian Affluent Millionaires - Market Overview, 2007-2017 
Table 25: Australian Mid-Tier Millionaires - Market Overview, 2007-2017 
Table 26: Australian Lower-Tier Millionaires - Market Overview, 2007-2017 
Table 27: Income Tax Structure and Taxable Bands 
Table 28: Australian LC to US$ Exchange Rate, 2007-2017F 
Table 29: Australian Real GDP Growth (%), 2007-2017F 
Table 30: Australian GDP Per Capita (US$), 2007-2017 
Table 31: Australian Domestic Market Capitalization (US$ Billion), 2007-2012 
Table 32: Australian Commodity Indices, 2007-2017F 
Table 33: Australian Foreign Direct Investments (US$ Billion), 2007-2017
Table 34: Australian Inflation Rate (%), 2007-2017F 
Table 35: Australian Interest Rate (%), 2007-2017F 
Table 36: Australian Balance of Payments (US$ Billion) 2007-2012 
Table 37: Australian Government Debt to GDP (%), 2007-2017 
Table 38: Australian Stock Market Performance, 2007-2012 
Table 39: Australia HNWI Wealth vs GDP Ratio (%), 2007-2017 
Table 40: Appendix 1 
Table 41: Appendix 2