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Home > Business/Finance > Financial Services > Financial Management
The Australian Wealth Market Map
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| Published Date:
October 2006
Published By:
Datamonitor
Page Count:
71
Order Code:
R313-16971
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Introduction
The Australian Wealth Market Map is Datamonitor's guide to the affluent wealth landscape in Australia. Building on the resources and expertise of Datamonitor's Global Wealth Service team, the report is data-rich, and provides in-depth and impartial market assessment, breaking the mass affluent and high net worth markets down on a state and territory level and providing analysis of wealthy regions.
Scope- The report offers access to key statistics from Datamonitor's proprietary Global Wealth Model.
- This report provides a clear picture of the scale and composition of affluent wealth in Australia.
- This report sizes the mass affluent and high net worth markets in the various states and territories across Australia, with forecasts to 2010.
Highlights
While the ACT has only two thirds of the population of TAS, individuals in each owned 2% of total affluent wealth in Australia in 2005.
A study of average income reveals that in the 2003-2004 tax year there were very few suburbs with average income of more than AUD100,000. In fact across all of the Australian states and territories there are just eight postcodes that fall into this category. Six of these suburbs are in NSW, with the other two located in VIC.
QLD will lead the way in terms of growth, with individual wealth owned by those with more than USD60,000 (approximately AUD80,000) growing at a rate of 9.4% compounded annually over the 2006-2010 period. This is well above the Australian average of 6.2%.
Reasons to Purchase- Find out where individual wealth is located in Australia and how fast it is growing.
- Gain an insight into the opportunities for targeting individual wealth in Australia.
- Find out which areas have been overlooked and where the greatest potential exists.
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