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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