INTHEBLACK November 2025 - Magazine - Page 10
FAST FOCUS
The cost of a
high-net-worth
lifestyle
The cost of living and its impact on everyday
individuals has captured headlines
throughout 2025, but what are the most
expensive cities for the wealthiest in the
world? The Julius Baer Global Wealth and
Lifestyle Report 2025 tracks the cost
of luxury living across 25 global cities.
It ranks cities based on the price of 20
premium goods and services, including
luxury homes, cars, business-class flights,
fine dining and private education.
This year’s report sees Singapore retaining
its top position as the most expensive city.
Here are the places that make up the top 10.
1.
Singapore
2.
London
3.
Hong Kong
4.
Monaco
5.
Zurich
6.
Shanghai
7.
Dubai
8.
New York
9.
Paris
10. Milan
Read the report
Cybercrime on
the rise in APAC
Managing the generational divide
Most Australian workplaces include employees from a mix
of generations, but not all employers understand what
intergenerational employees want.
A survey from recruitment firm Robert Half shows 83 per cent
of employers believe they have a good understanding of the
motivations of workers across different generations, but they
still struggle to manage expectations. The challenges include:
19%
differences
in work ethic
29%
varied
technological
proficiency
23%
differing
communication
styles
Read the survey
10 INTHEBLACK November 2025
28%
varied work–life
balance
expectations
The Asia Pacific has become
a fertile hunting ground for
cybercriminals, with data from
the IBM X-Force 2025 Threat
Intelligence Index revealing the
region saw a 13 per cent increase
in attacks in 2024 and experienced
the largest share of incidents
(34 per cent). Key impacts of
cyber attacks in the region included:
12%
10%
10%
data theft
credential
harvesting
extortion
The report cites the Asia Pacific’s
critical role in global supply chains
and its position as a technology and
manufacturing hub as potential
reasons for its growing exposure
to cyberthreats. The manufacturing
sector was the most targeted
industry in the region last year,
followed by finance and insurance,
and transportation.
40%
manufacturing
16%
11%
finance transportation
and
insurance
Read the report
