The Age ·general ·3 hours ago

Andrew Leigh proposes donating inherited wealth to charities amid crisis

Australian Minister Andrew Leigh proposed donating inherited wealth to charities instead of passing it to children. Leigh's remarks come amid a cost-of-living crisis and declining charitable donations from Boomers, who are reportedly giving less. The government aims to double philanthropic giving by 2030 as the largest intergenerational wealth transfer occurs.

Summary by Glance · The Age

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