These three investment areas are where Australia’s top investors are putting their money.

Australia’s wealthiest investors are now buying Australian shares, ETFs and direct international shares, according to a survey taken by Investment Trends and the Praemium group.

But, over the next year, the country’s wealthiest are planning to increase their investment in ETFs.

Other projected growth areas include LICs (listed investment companies) and REITs (real estate investment trusts).

What they’re not buying are annuities, capital-protected products and CDFs.

The report considered the assets of 7,500 the country’s High Net-Worth Investors (HNWs), who are defined by Praemium as having at least $1 million in investable assets.

After all the hype of cryptocurrencies aver the last few years, it’s still only sitting in the middle of the road when it comes to investment interest. Google trends also shows interest in the topic may have his its peak last year.

Generally, the division of assets is pretty stable from year to year, with one notable growth area being property. It’s now sitting at 35 per cent, up from 32 per cent in 2021.

In a piece for The Australian, wealth editor James Kirby notes “our very high house prices pump up our median wealth, which means we don’t have quite as much to spend as it might seem.”

Australians are now worth $413,589 a pop – the richest in the world – according to a new report from Credit Suisse.

The Global Wealth Report 2022 measured the wealth per adult (in USD) around the world, and Australians came out on top at US$273,900. They were followed by Belgians (US$267,890) and then New Zealand (US$231,260).

That’s an 11.5% increase for Aussies compared to last year.

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