Financial advisers to some of Sydney and Melbourne’s richer families say they believe their clients mostly accept that tax incentives on superannuation need to be be better targeted even though are likely to have to pay more tax.
Are Australian shares expensive?
There’s something innately comfortable about investing in companies you know and a market you’re familiar with, so it’s hardly surprising Australian investors, like their peers all over the world, have a bias to investing in their home market. And Australia has...