Goldman Sachs Expands Private Wealth Business in Australia, Targets Richest Families

Goldman Sachs is expanding its private wealth business in Australia, targeting individuals and families with over A$100 million to invest. This move highlights the growing demand for wealth management services among Australia's wealthiest individuals. Despite this, there are steps individuals with less wealth can take to boost their finances, such as investing in low-cost index funds and adopting a long-term investment approach.