Money Stories

Welcome to “Money Stories” by Obsidian Wealth, your go-to source for practical insights into investing, wealth creation, and personal finance. Our Melbourne based team shares real world knowledge to help you grow and protect your wealth with confidence.

The Psychology of Enough

The Psychology of Enough: What High Earners Get Wrong About Money and Satisfaction

“Money can’t buy happiness” is one of those phrases people repeat without examining, usually to reassure themselves or gently scold someone else. It is also, as stated, mostly wrong. The research on income and wellbeing is more interesting than the cliché, and understanding what it actually says is genuinely useful if you are a high […]
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financial adviser shortage Australia

Half the Advisers Are Gone: Why Access to Quality Advice Is the Real Scarcity for High-Income Australians

There is a number most high-income Australians have never seen, and it quietly shapes the quality of advice they can get. Australia had around 28,900 financial advisers at the end of 2018. By March 2026 that figure had fallen to roughly 15,135, a decline of about 48% in under eight years. Nearly half the profession […]
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negative gearing changes 2026

Negative Gearing and CGT Are Changing From 1 July 2027: What Property Investors on High Incomes Should Do Before Then

The 2026-27 Federal Budget changed the rules on property investment in a way that lands squarely on high-income earners, because they are the people most likely to hold negatively geared property and most exposed to the capital gains tax discount being wound back. The changes were announced on budget night, 12 May 2026, and are […]
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RBA cash rate 2026

Three Rate Hikes In, No Cuts Coming: What the 2026 Rate Cycle Means for High-Income Australians

Most high-income Australians built their 2025 financial plans around a story that has since reversed. Through last year, the Reserve Bank cut three times and the consensus was that borrowing would keep getting cheaper. That story is dead. The RBA has now raised the cash rate three times in 2026, to 4.35%, fully unwinding last […]
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