

Wealth boom upends the economy, Australia’s AI up-and-comer & private credit cockroaches
20 snips Oct 17, 2025
Explore how the remarkable wealth surge among boomers is transforming the economy and deepening intergenerational inequality. Discover the potential of a rising Australian AI heavyweight and its innovative cooling system for data centers. Dive into the complexities of Australia's private credit sector, uncovering its risks and property focus. The discussion also touches on superannuation tax changes and their impact on large balances, making for a dynamic conversation on wealth, technology, and economic challenges.
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Wealth Surge Is Deeply Uneven
- Australian household wealth surged to a record $18.1 trillion, driven by property and markets.
- The boom concentrates gains with older households while many younger Australians rely on parental assistance.
Asset Gains Are Reshaping Politics
- Big asset gains are changing politics and economy by creating an intergenerational cleave.
- Policymakers must confront wealth concentration across taxes, super and housing to preserve social mobility.
Use Super Changes To Tackle Inequality
- Target superannuation concessions when addressing wealth inequality because large balances attract generous tax breaks.
- The government tightened concessions, taxing earnings above very large balances to reduce extreme advantages.