Citi Plans to Hire 100 Wealth Advisors in Australia

The video discusses high net worth individuals in Australia, highlighting their diverse backgrounds and the challenges they face in growing wealth due to decreasing rates and a high tax environment. It explores the role of offshore clients, particularly from Asia, and the global banking strategies employed to attract them. The video also addresses the shift in investment focus from property to other alternatives due to changes in the property market.

What role does offshore wealth play in the context of high net worth individuals in Australia?

What strategies are being employed to attract high net worth clients from offshore?