From 1 July 2026, the concessional contributions cap rose to $32,500, up from $30,000 in FY26. This has given Australian investors more room to make tax-effective contributions into superannuation.

Concessional contributions include employer super guarantee payments, salary sacrifice contributions, and personal deductible contributions.

All three count toward the cap.

What the extra $2,500 is actually worth

An extra $2,500 in concessional contributions per year might not sound significant.

However, over a long investment horizon, the maths adds up.

According to Pitcher Partners, an additional $2,500 per year contributed to super on a concessional basis, invested at a long-term return of around 7% per annum, could grow to approximately $37,000 over 10 years.

The tax benefit compounds that further: every dollar of salary sacrificed into super at 15% rather than at a marginal tax rate of 32.5% or higher is a permanent tax saving.

For a worker on a salary of $90,000 contributing the full extra $2,500 via salary sacrifice, the income tax saving is approximately $437 per year.

The non-concessional cap and bring-forward rule also increased

The cap increase does not stop at concessional contributions.

The non-concessional contributions cap also rose to $130,000 from 1 July 2026, up from $120,000.

For investors under 75 with a total super balance below $2.1 million, the three-year bring-forward rule now allows up to $390,000 in non-concessional contributions in a single financial year.

The transfer balance cap also rose to $2.1 million. This lifts the maximum amount that can be moved into a tax-free retirement income stream and gives retirees more room to shelter earnings from tax.

An important catch-up deadline that just passed

One critical change that came into effect this month deserves separate attention.

From 1 July 2026, any unused concessional contribution cap amounts from FY21 and earlier are permanently forfeited.

Investors who were eligible to carry forward unused amounts from 2020-21 and chose not to use them by 30 June 2026 have now lost that opportunity permanently.

Looking ahead, the five-year carry-forward window now runs from FY22 to FY27, giving investors with super balances below $500,000 the ability to catch up on contributions they missed in those years.

Two ASX shares that benefit from a growing superannuation pool

More money flowing into superannuation benefits the wealth management platforms that administer and invest those assets.

Hub24 Ltd (ASX: HUB) and Netwealth Group Ltd (ASX: NWL) are the two most direct ASX beneficiaries of this dynamic.

Hub24 delivered record half-year net inflows of $10.7 billion in 1H FY26. The company also upgraded its FY27 platform funds under administration target to $160 billion to $170 billion. This was driven by the consistent growth in Australia's super pool.

Netwealth reached a record $125.6 billion in platform Funds Under Administration (FUA) in 1H FY26. Platform revenue climbed 25% on the strength of consistent inflows and sticky adviser relationships.

As higher contribution caps, payday super, and expanded parental leave contributions combine to drive more money into the system in FY27, both platforms are positioned to capture a disproportionate share of that growth.

Foolish takeaway for your superannuation strategy

The concessional contributions cap increase to $32,500 is modest in isolation.

However, over a decade or more of investing, the compounding impact of higher contributions at a lower tax rate becomes material.

For investors who are not yet using their full concessional cap through employer contributions and salary sacrifice, the first step is checking where you stand against the new $32,500 limit.

The second step is arranging any additional salary sacrifice through your employer before the end of the next pay cycle.

The post The superannuation concessional contributions cap just rose to $32,500. Here's how to make the most of it appeared first on The Motley Fool Australia.

From 1 July 2026, eligible parents who receive government-funded Parental Leave Pay will also receive a 12% superannuation contribution on those payments. This will be paid directly by the ATO into their nominated super fund.

The scheme has expanded to 130 days, or 26 weeks, of paid parental leave, with the super contribution applying across the full period.

Why this superannuation change matters

Australia has one of the widest gender super gaps in the developed world.

Women retire with approximately 25% less superannuation than men, a gap driven in large part by career breaks taken for caring responsibilities.

Every year spent on parental leave without super contributions is a year of compounding returns lost. The new measure directly addresses that dynamic.

The Parental Leave Pay is based on the national minimum wage, now $26.44 per hour, which means a parent taking the full 26 weeks receives approximately $26,218 in total parental leave pay across the period.

At a 12% super guarantee rate, that translates to approximately $3,146 in super contributions for a parent taking the full scheme entitlement.

Over a working life, compounded at the historical ASX 200 return of approximately 8.5% per annum, a single year's parental leave super contribution of $3,146 grows to approximately $33,000 by retirement for a 30-year-old today.

That is not a trivial amount from what looks like a small policy tweak.

How to make the most of it

The super contribution arrives as a lump sum after the end of the financial year. This is paid by the ATO directly to the parent's nominated fund.

Parents who are on their employer's own parental leave scheme, rather than the government scheme, should check whether their employer separately pays super during that period, since employer policies vary.

For parents with a self-managed superannuation fund or a choice fund, ensuring the ATO has the correct fund details is the most important practical step.

The investment choice inside the fund also matters enormously over a 30-year compounding period.

Two ASX shares that benefit

More superannuation flowing into the system more frequently means more assets landing on the wealth management platforms that administer that money.

Both Hub24 Ltd (ASX: HUB) and Netwealth Group Ltd (ASX: NWL) are direct beneficiaries of this dynamic.

Hub24 delivered record half-year net inflows of $10.7 billion in 1H FY26 and upgraded its FY27 platform funds under administration target to $160 billion to $170 billion. This comes as Australia's growing super pool continues to flow toward technology-enabled platforms.

Netwealth reached a record $125.6 billion in platform funds under administration in 1H FY26. Platform revenue climbed 25% on the strength of consistent inflows and sticky adviser relationships.

As payday super, expanded parental leave contributions, and the broader super pool growth combine into FY27, both platforms are positioned to capture a growing share of that expanding pool.

Foolish takeaway for your superannuation

The new parental leave super entitlement is worth approximately $3,146 for parents taking the full 26 weeks of government parental leave.

It is automatic, it flows directly into the nominated super fund, and it directly narrows a gender super gap that has been decades in the making.

For investors, Hub24 and Netwealth are two of the clearest ASX beneficiaries, as Australia's superannuation pool grows not just in size but in the frequency and breadth of contributions flowing into it.

For specific information on how the changes might impact you, it might be worth consulting a financial advisor.

The post New parents are now earning superannuation on parental leave. Here's how to make the most of it appeared first on The Motley Fool Australia.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

Year to date, its share price is down over 15%.

For comparison, the S&P/ASX 200 Index (ASX: XJO) has climbed just over 1% in the same period.

However, this ASX financials stock closed last week with a strong 6% gain on Friday, which could be the beginning of a rebound for HUB24 shares.

The team at Bell Potter has retained its buy recommendation on this ASX financials stock and laid out the potential for a big return in the next 12 months.

Here's what the broker had to say. 

Quarter update

Hub24 is a diversified financial services business. The company's core platform segment develops and provides an administrative services platform to financial advisers, stockbrokers, accountants, and their clients.

Bell Potter updated its financial model after a strong June quarter for global investment markets.

Since HUB24's platform fees are linked to the value of client investments, stronger markets increase funds under administration (FUA) and future revenue expectations.

Bell Potter slightly increased its FUA forecasts for FY2026–FY2028 but left earnings per share (EPS) forecasts unchanged.

Strong Recovery in Global Markets

After a weak start earlier in the year, global share markets rebounded strongly and reached new record highs.

The biggest gains came from the US, while Europe also performed well.

Australia's market rose but lagged behind most major markets, with the ASX 200 gaining 3.5% over the quarter.

What does this mean for this ASX financials stock?

Bell Potter expects HUB24 to report around $4.1 billion of net new client inflows for the quarter, plus $6.3 billion from investment market gains.

Together, these factors should lift total funds under administration. If quarterly inflows are closer to $5 billion, it would signal that growth has returned to its previous pace and could be positive for the share price.

Based on this update, Bell Potter has retained its buy recommendation and $110 price target on this ASX financials stock.

From Friday's closing price of just over $81, this indicates an upside potential of almost 36%.

Our Buy recommendation is unchanged. While lumpy, the company delivered record net adviser additions and consistent new distribution agreements, providing material growth runway, and guidance is de-risked through mark-to-markets.

The share price has fallen -32% from the November peak, despite earnings upgrades and further positive adjustments still yet to flow through.

The post Why this ASX financials stock is tipped to rebound 35% in the back half of 2026 appeared first on The Motley Fool Australia.

Three broker buy ratings that you might want to know more about are summarised below. Here's why brokers think these ASX shares are in the buy zone:

Hub24 Ltd (ASX: HUB)

According to a note out of Bell Potter, its analysts have retained their buy rating and $110.00 price target on this investment platform provider's shares. The broker highlights that despite early weakness, global equity markets recovered and posted outsized returns for the June quarter. In light of this, Bell Potter has upgraded its model to reflect strong positive mark-to-markets. Outside this, the broker believes that a heavy decline since its November peak, despite earnings upgrades and further positive adjustments yet to flow through, has created a buying opportunity for investors. The Hub24 share price ended the week at $81.04.

Northern Star Resources Ltd (ASX: NST)

A note out of Citi reveals that its analysts have retained their buy rating and $29.70 price target on this gold miner's shares. The broker was pleased with Northern Star's quarterly update, which revealed gold sales comfortably ahead of expectations during the fourth quarter. It notes that this helped take Northern Star's gold sales beyond its revised guidance for FY 2026. As a result of this strong performance, Citi continues to see plenty of value in the company's shares at current levels. The Northern Star share price was fetching $22.16 at Friday's close.

ResMed Inc. (ASX: RMD)

Analysts at Morgans have retained their buy rating and $41.72 price target on this sleep disorder treatment company's shares. According to the note, the broker highlights that ResMed's shares have de-rated to just 16 times forward earnings. This is its lowest valuation in over a decade and comes despite the market continuing to forecast double-digit earnings per share growth. And while there are risks from GLP-1 therapies, an oral OSA therapy, and the potential re-entry of a key competitor next year, Morgans points out that current industry data and its operating performance provide limited evidence of a material deterioration in underlying demand. The ResMed share price ended the week at $30.50.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

Instead, I would focus on businesses that sit inside long-term structural demand trends: healthcare, wealth management, and essential services that Australians continue to rely on regardless of economic conditions.

I think that approach can help smooth out some of the noise that comes from markets reacting to interest rates, sentiment shifts, and short-term headlines.

Here is how I would allocate that $20,000 today.

Sigma Healthcare Ltd (ASX: SIG)

One part of the portfolio would go to a business that operates at the centre of Australia's healthcare supply chain.

Sigma Healthcare is deeply embedded in pharmaceutical distribution and the supply of medicines to community pharmacies across the country.

What I like about this type of business is the essential nature of demand. Medicines are not discretionary. They are required regardless of economic conditions, which can provide a level of resilience over time.

The distribution model also benefits from scale. Once a national supply network is established, it becomes difficult for smaller players to compete on efficiency, coverage, and reliability.

It is not the most exciting part of the market, but I think it is one of the most durable.

Hub24 Ltd (ASX: HUB)

Another portion of the $20,000 would go to a business that is closely tied to the growth of Australia's financial advice and superannuation system.

Hub24 provides a technology platform used by financial advisers to manage client portfolios, reporting, administration, and investment operations.

I think this is one of those businesses that benefits from complexity rather than simplicity. As client needs become more personalised and regulatory requirements increase, advisers need better systems to manage their workload efficiently.

That creates demand for platforms that can simplify administration and improve visibility across portfolios.

Once a financial adviser integrates a platform into their workflow, it can become difficult to replace without significant disruption. That kind of embedded usage can support long-term growth.

Cochlear Ltd (ASX: COH)

The final portion of the $20,000 would go to a business operating in a very different part of the healthcare sector.

Cochlear is a global leader in hearing implant technology. It operates in a market driven more by medical need and demographics than by economic cycles. Hearing loss becomes more common with age, which creates a long-term structural demand base across developed and emerging markets.

What stands out to me is the combination of medical technology leadership and long product lifecycles. These are not low-cost or easily replaceable solutions. They require clinical trust, regulatory approval, and long-term support infrastructure.

That tends to create strong competitive positioning over time, although execution in innovation and global rollout remains critical.

Foolish takeaway

If I were investing $20,000 into ASX 200 shares this month, I would want exposure to different types of long-term demand rather than concentrating on a single theme.

Each business operates in a different part of the economy, but all three share a common feature: they are tied to needs that do not disappear when markets get uncertain.

That is the type of foundation I would want when putting $20,000 to work for the long term.

The post Where I'd invest $20,000 into ASX 200 shares this month appeared first on The Motley Fool Australia.

It was an unhappy hump day for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Wednesday, as investors doubled down on the selling that we saw yesterday. Despite opening in the green this morning, investors quickly sent the market into negative territory, where it stayed for the rest of the day. By the time the markets closed, the ASX 200 had lost 0.64%, leaving the index at 8,722.9 points. 

This rather woeful Wednesday session for ASX investors came after a much more optimistic session over on Wall Street. 

The Dow Jones Industrial Average Index (DJX: .DJI) continued to push higher, rising 0.26%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was even more enthusiastic, gaining 1.52%.

But let's get back to the local markets now for a closer look at what the various ASX sectors were doing this Wednesday. 

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

I think this could be one of those moments for two ASX 200 shares that have just fallen to 52-week lows.

REA Group Ltd (ASX: REA) hit a 52-week low of $131.07 on Friday, while Hub24 Ltd (ASX: HUB) shares dropped to a 52-week low of $68.70.

I see those prices as a chance to look again at two high-quality businesses with long-term growth potential.

REA Group shares

REA Group is one of the ASX businesses I would be happy to own for the long term.

The share price has come under pressure for a few reasons. Proposed changes to negative gearing, higher interest rates, and housing market weakness have all weighed on sentiment toward the property sector.

I can understand why investors are cautious. If sellers hold back, listings volumes can soften, and that can affect a business like REA.

But I think a lot of that concern is now reflected in the share price.

REA still sits close to one of the most important financial decisions many people make: buying and selling property. When someone is searching for a home, checking a suburb, comparing prices, finding inspection times, or contacting an agent, the process often starts online.

That is a powerful position because property advertising has high intent. A serious buyer is valuable to agents, sellers, developers, lenders, and other related businesses.

I also think REA has more ways to grow than just waiting for listing volumes to improve. It can keep improving the consumer experience, offer agents better digital tools, expand premium products, and use data to make the property search more useful.

If interest rates ease, I would expect housing confidence and listing activity to recover over time. At this lower price, I think REA is worth buying before that rebound becomes obvious.

Hub24 shares

Hub24 is another ASX 200 share I would buy after its recent pullback.

The company is exposed to a part of the financial system that keeps becoming more demanding. Financial advisers are dealing with more complex client needs, more reporting requirements, more investment options, and higher expectations around transparency.

That creates a real operational challenge. A strong wealth platform can help advisers manage portfolios, reporting, tax information, managed accounts, and client communication more efficiently. That is where Hub24's appeal sits for me.

It is not just a business collecting funds under administration. I think it is becoming part of how advisers run their practices.

Australia's wealth pool remains large, and the need for advice should continue as more people navigate retirement, superannuation, inheritance, and portfolio decisions. If Hub24 can keep making life easier for advisers and their clients, it should have a long runway for growth.

The risks include competition, valuation, market movements, and weaker investor sentiment toward growth shares. But I think Hub24 still has the usefulness and customer relevance to become more valuable over time.

Foolish Takeaway

I like using market pullbacks to revisit businesses with strong positions and clear long-term demand.

Neither of these ASX 200 shares needs perfect conditions to be attractive. They need to stay useful, keep improving their platforms, and remain important to the customers who rely on them.

At these lower prices, I think both are worth buying now.

The post 2 quality ASX 200 shares at 52-week lows to buy now appeared first on The Motley Fool Australia.

I can understand why. Both have strong positions, long track records of success, and attract plenty of investor attention.

But quality does not stop there. There are other ASX shares with durable customer relationships, strong market positions, and the ability to compound over time.

If I were looking beyond CBA and Wesfarmers, these are three quality ASX shares I would consider buying.

Reece Ltd (ASX: REH)

Reece is one of those businesses that can look plain from a distance and more impressive up close.

The company supplies plumbing, bathroom, heating, ventilation, air conditioning, and waterworks products to trade customers. That may not sound glamorous, but the business sits inside an important part of the economy.

Plumbers and contractors need product availability, speed, reliability, and technical support. A delayed part can delay a job, upset a customer, and cost money. That gives a trusted supplier a meaningful role in the daily work of its customers.

I think that is one of Reece's strengths. It has spent decades building relationships, branch networks, systems, and product knowledge. Those things are hard to copy quickly.

The US opportunity also makes the story more interesting. Reece has a much larger market to pursue, and success there could support growth for many years.

Housing cycles will still affect demand, and international expansion is rarely smooth. But I like businesses that can keep improving through better service, better systems, and deeper customer relationships.

Aristocrat Leisure Ltd (ASX: ALL)

Aristocrat is another quality ASX share I would consider.

The gaming company has built a global business around content, hardware, mathematics, design, and customer insight.

It is easy to think of gaming as purely a consumer business, but I see Aristocrat as a product development company with valuable intellectual property. It has to keep refreshing its content pipeline, improving cabinets, understanding player behaviour, and helping customers earn returns from their floor space.

It delivers on this by investing around 12% of revenue in R&D activities each year. And with Aristocrat consistently reporting a strong return on invested capital, this money isn't being wasted.

The balance sheet also gives Aristocrat flexibility. A strong financial position can support investment, acquisitions, and capital returns when conditions allow.

Regulation and digital competition remain important risks. Still, I think Aristocrat's track record, product engine, and global reach make it one of the more interesting quality businesses on the ASX.

Hub24 Ltd (ASX: HUB)

Hub24 is the wealth platform share I would include.

Australia's wealth management industry is still changing. Advisers need better tools, clients expect clearer reporting, and portfolios are becoming more personalised.

Hub24 is one of the businesses helping that shift happen. Its platform gives advisers a way to manage administration, reporting, managed accounts, and investment portfolios more efficiently. That can make advice practices easier to run and help clients receive a better experience.

I like that Hub24 is connected to a large pool of Australian wealth. Superannuation, retirement planning, intergenerational wealth transfer, and demand for advice can all support long-term platform growth.

The business is exposed to market movements and competition, so valuation discipline is still important. But I think Hub24 has the type of usefulness that can support a high-quality growth story.

Foolish takeaway

CBA and Wesfarmers deserve their reputations, but they are not the only ASX shares with quality characteristics.

That is why I like looking at businesses such as Reece, Aristocrat, and Hub24. They operate in very different markets, yet each has built a position that would be difficult to recreate quickly.

For long-term investors, quality can show up in many forms. It can be a trade supplier with deep customer relationships, a gaming company with a strong product engine, or a wealth platform becoming more embedded in adviser workflows.

Those are the kinds of strengths I think are worth paying attention to beyond the most familiar ASX names.

The post 3 quality ASX shares I'd buy (that aren't CBA or Wesfarmers) appeared first on The Motley Fool Australia.

There are a lot of options to pick from, but these are five ASX growth shares I would consider owning in FY27:

Pro Medicus Ltd (ASX: PME)

I think Pro Medicus is one of the highest-quality software businesses on the ASX.

Its Visage imaging platform helps healthcare providers manage and view large medical imaging files. That may sound technical, but the value is easy to understand. Doctors and radiologists need fast, reliable systems that help them work through complex cases and make timely decisions.

Medical imaging is becoming more data-heavy, and hospitals need software that can keep up. I think Pro Medicus is well placed because it operates in a specialist market where performance really counts.

For a long-term portfolio, I like the combination of healthcare need, software economics, and global opportunity.

WiseTech Global Ltd (ASX: WTC)

WiseTech is another ASX growth share I would want to own.

Global logistics is full of friction. Goods move through ports, warehouses, carriers, freight forwarders, customs systems, and regulators. A single shipment can involve multiple parties, documents, currencies, time zones, and compliance rules.

WiseTech's CargoWise platform helps logistics companies manage that complexity.

I like software that becomes part of how a customer actually runs its business. If a system helps reduce manual work, improve visibility, and manage compliance, it can become hard to replace.

WiseTech still needs to execute well, especially after acquisitions. But I think its role in the machinery of global trade gives it a long growth runway.

Xero Ltd (ASX: XRO)

Xero is a business I would include because small business finance is still being rebuilt for the digital age.

The company started with accounting software, but I think the bigger opportunity is helping small businesses manage more of their financial lives in one place. Invoicing, payroll, payments, tax, reporting, cash flow, and bank feeds can all be part of the same daily workflow.

That workflow is important because small business owners often want fewer systems, less admin, and better visibility.

Xero's challenge is to keep deepening its usefulness without losing simplicity. If it can do that, I think it can become even more valuable to customers over time, particularly as automation and artificial intelligence improve everyday financial tasks.

Life360 Inc. (ASX: 360)

Life360 is a very different type of ASX growth share.

The company sits inside family life. Its app helps users keep track of loved ones, locations, driving, safety, and connected devices. That gives it an emotional layer that many consumer technology businesses do not have.

I think that is powerful. If a product becomes part of how families coordinate, communicate, and feel safer, it can earn a place in daily routines. From there, Life360 has several ways to grow, including subscriptions, advertising, Tile devices, driving-related features, and broader family safety tools.

Trust and privacy are crucial, and the company must keep handling those issues carefully. But I like the size of the user base and the potential to build more services around it.

Hub24 Ltd (ASX: HUB)

Hub24 is the wealth platform share I would want in this group.

Australia's wealth system is large, and advisers need technology that helps them manage portfolios, reporting, administration, and client communication more efficiently.

Hub24 benefits if more advisers choose its platform, but I think the attraction goes deeper than funds under administration. A good platform can become part of the adviser's operating model. It can shape how portfolios are built, monitored, reported, and adjusted.

That creates a valuable position if the company keeps winning trust. I think Hub24 has the right exposure to long-term trends in advice, retirement, and wealth management.

Foolish takeaway

The growth shares I want for FY27 are not all chasing the same opportunity.

That is what appeals to me. Healthcare imaging, logistics software, small business finance, family safety, and wealth platforms all have their own engines of demand. Each business has a chance to become more useful to customers as its market becomes more digital, more complex, or more data-driven.

There will be volatility, and not every year will look tidy. But if I were building an ASX growth portfolio for FY27 and beyond, these are the kinds of businesses I would want working for me.

The post 5 ASX growth shares I want in my portfolio in FY27 appeared first on The Motley Fool Australia.

Income can come later. At this stage in my life, I would be trying to build wealth.

I would want quality, diversification, and growth. I would also want a structure that is easy to keep adding to, because the habit of investing every week could end up being just as important as the individual shares I choose.

Here is how I would approach it.

I'd start with ETFs

The first thing I would do is build a base with exchange-traded funds (ETFs).

ETFs can give a portfolio instant diversification. That is useful when starting out because it reduces the pressure to find the perfect individual ASX share straight away.

I would want exposure to global businesses, not just the Australian market. One option could be the Vanguard MSCI Index International Shares ETF (ASX: VGS), which gives investors access to a broad spread of large companies across developed markets.

Another option could be the iShares S&P 500 AUD ETF (ASX: IVV), which focuses on the largest listed companies in the United States. This can provide exposure to global leaders in technology, healthcare, consumer goods, financials, and other major sectors.

The point is not that these are the only ETFs to consider. The point is that I want the portfolio's foundation to be broad, simple, and capable of compounding over many years.

Once that base is in place, I think the rest becomes easier.

Then I'd add quality ASX shares

After building that ETF foundation, I would start adding individual ASX shares.

This is where I would be selective. I would want businesses with strong competitive positions, clear growth options, and the ability to reinvest for the future.

TechnologyOne Ltd (ASX: TNE) is the kind of ASX 200 share I would consider. Its software is used by organisations that need core systems to keep operating properly. That can make the business sticky, especially as more customers shift to software-as-a-service products.

Hub24 Ltd (ASX: HUB) is another example. Australia has a large pool of wealth, and financial advisers need better platforms to manage portfolios, reporting, and client administration. If Hub24 keeps winning market share, I think it could remain a strong long-term compounder.

I would also look at businesses such as Aristocrat Leisure Ltd (ASX: ALL). It has a global scale, strong intellectual property, and a long history of investing in gaming content and technology. That gives it a different growth profile from many traditional ASX shares.

These are examples rather than a fixed shopping list. The broader idea is that I would use individual shares to add quality growth on top of the ETF base.

What could $250 a week become?

The numbers can become surprisingly large over time.

Investing $250 a week means putting $13,000 a year.

If my portfolio achieved an average annual return of 9%, it could grow to around $700,000 after 20 years.

That is not guaranteed. Returns will move around, and there will be difficult years. But it shows why consistency can be so valuable.

A weekly investment that feels manageable today could become a very serious portfolio in the future.

Foolish Takeaway

If I were investing $250 a week in ASX shares, I would begin with ETFs, then add high-quality individual companies once the foundation was in place.

I would focus on wealth-building rather than income and reinvest along the way.

The aim would not be to make the portfolio exciting. It would be to make it durable, diversified, and capable of compounding for years.

That is how I would try to turn a simple weekly habit into a meaningful long-term ASX share portfolio.

The post How I'd invest $250 a week in ASX shares to aim for $700,000 appeared first on The Motley Fool Australia.

I think the best approach is to start with businesses that can provide the portfolio with a strong foundation. That means looking for companies with scale, staying power, sensible growth options, and the ability to remain relevant through different market conditions.

If I were starting again today, these are five ASX 200 shares I would want on my watchlist.

BHP Group Ltd (ASX: BHP)

BHP is the kind of share I think can give a new portfolio exposure to some of the world's most important raw materials.

Iron ore still provides major cash flow, but I think the more interesting long-term angle is how the business is being shaped around future-facing commodities. Copper, in particular, could become even more important as electricity grids, data centres, renewable energy, electric vehicles, and industrial systems require more metal.

The Jansen potash project also gives BHP another long-term growth option tied to food production and farming productivity.

BHP will always be cyclical. Commodity prices can change quickly. But I think its scale, asset quality, and capital strength make it one of the better resource shares to own over many years.

Commonwealth Bank of Australia (ASX: CBA)

Commonwealth Bank is the bank share I would start with.

CBA has a premium valuation, so I would never pretend it is the cheapest bank on the ASX. But I think it has earned its position as the highest-quality major bank.

The bank has a huge role in Australian financial life. Its customer relationships run through home loans, deposits, business banking, everyday payments, apps, merchant services, and financial tools.

That breadth is valuable because banking is becoming more digital and more data-driven. CBA's advantage is not just that it has many customers. It is that many of those customers interact with the bank constantly.

For a new portfolio, I think that combination of scale, profitability, digital strength, and franked dividends is hard to ignore.

Hub24 Ltd (ASX: HUB)

Hub24 is the platform business I would include.

Australia has a large and growing pool of wealth, and I think the way that money is managed will keep changing. Advisers need efficient systems, clients want better transparency, and investment portfolios are becoming more tailored.

Hub24 sits inside that shift. Its platform helps advisers manage portfolios, reporting, administration, and managed accounts. That may sound technical, but the value is simple: it can save time, reduce friction, and make advice businesses easier to run.

The company is exposed to market movements, and competition is strong. But I like businesses that become part of their customers' daily workflow. Hub24 has that quality.

Pro Medicus Ltd (ASX: PME)

Pro Medicus is the highest-valuation stock in this group, but I still think it deserves a place.

The company provides medical imaging software through its Visage platform. Hospitals and radiology groups need systems that can handle large imaging files, support fast diagnosis, and integrate into complex clinical environments.

I like that Pro Medicus sells into a market where quality and reliability matter enormously. This is not software for a casual task. It is used in healthcare settings where speed, accuracy, and usability can make a real difference.

The risk is valuation. Expectations are high, and any disappointment could hurt the share price. But if I were starting from scratch, I would want at least one exceptional global software business in the portfolio. And with its shares down heavily from their highs, the risk/reward looks more favourable today.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is the blue-chip share I would buy.

What I like about Wesfarmers is the culture. The company has a long history of buying, building, improving, and sometimes exiting businesses when better opportunities appear elsewhere.

That discipline is valuable. Wesfarmers is not only about one retail brand or one store network. It is about management's ability to reinvest capital, improve operations, and stay close to what customers want. Its balance sheet strength also gives it room to act when opportunities appear.

The share price can look expensive at times. But I think Wesfarmers has the type of operating discipline and long-term mindset that can help a portfolio compound steadily.

Foolish Takeaway

If I were starting an ASX 200 portfolio from scratch, I would want a mix of different strengths.

BHP brings resources exposure, CBA adds banking quality, Hub24 offers wealth platform growth, Pro Medicus provides global healthcare software, and Wesfarmers brings retail discipline and capital allocation.

No five shares can cover everything. But I think this group would give a new investor a strong starting point, with exposure to businesses that can keep adapting and creating value over time.

The post 5 ASX 200 shares I would buy if I were starting from scratch appeared first on The Motley Fool Australia.

It needs more than a good-looking valuation or a strong recent update. It needs a business case that can survive changing markets, different economic cycles, new competitors, and the occasional period when investors lose interest.

That is why I think the best question is not simply whether a share looks cheap today. I would ask whether I can still imagine the business being larger, more useful, and more valuable in a decade.

Here is how I would approach choosing ASX shares for the long term.

I'd look for a job that needs doing

The first thing I would want is a business that solves a problem customers keep facing.

That could be a bank helping households and businesses move money and access credit, a healthcare company improving patient outcomes, a software provider making daily operations easier, or an infrastructure owner connecting people, energy, goods, and data.

The exact industry is less important than the usefulness of the product or service.

A company with a clear job to do has a better chance of staying relevant. If customers rely on it, budget for it, and return to it, the business may have room to keep compounding.

This is why I like thinking about demand before thinking about the share price. A lower valuation can help, but the business still needs a reason to matter.

I'd favour businesses with room to reinvest

A good long-term share should have ways to put money back to work.

That might mean opening new stores, building new data centres, launching better products, acquiring sensible assets, expanding overseas, improving technology, or deepening relationships with existing customers.

The best companies do not simply earn profits. They find ways to turn today's profits into tomorrow's growth.

That is where I think businesses such as Goodman Group (ASX: GMG), Hub24 Ltd (ASX: HUB), and TechnologyOne Ltd (ASX: TNE) become interesting examples. Each has a clear pathway to reinvest if demand continues to grow.

For a 10-year holding, that reinvestment runway can be important.

I'd check the culture, not just the numbers

Numbers are important, but they do not tell the whole story.

A company can look attractive on paper and still disappoint if management allocates capital poorly, chases the wrong acquisitions, overpromises, or loses focus on customers.

I would want signs that management thinks like long-term owners.

That can show up in disciplined spending, sensible debt levels, clear strategy, honest communication, and a willingness to walk away from ideas that no longer make sense.

A business such as Wesfarmers Ltd (ASX: WES) is a useful example here. The company's appeal is not only the brands it owns today. It is the way it has historically approached capital allocation, productivity, customer value, and portfolio discipline.

Over 10 years, those habits can make a meaningful difference.

I'd accept that the story will change

No 10-year investment stays exactly the same.

A company may shift into new markets, sell assets, buy competitors, change management, face new regulation, or deal with technology that did not exist when the investment was first made.

That means I would want to own businesses that can adapt.

A rigid business can look strong for a while, then struggle when the environment moves. A flexible business with strong customer relationships, good data, financial strength, and capable leadership has more ways to respond.

This is also why I would review long-term holdings periodically. Holding for 10 years does not mean ignoring the facts for 10 years. It means giving a good business enough time, while still checking that the original reasons for owning it remain intact.

Foolish takeaway

The ASX shares I would want to hold for 10 years are the ones with a clear reason to exist, room to reinvest, and management teams that can make sensible decisions when conditions change.

A long holding period gives investors the chance to benefit from compounding, but only if the business keeps earning that patience.

I think that is the real test. The best long-term shares are not always the loudest names in the market. They are often the businesses that keep becoming more useful, more efficient, and more valuable while time does the quiet work in the background.

The post How I'd choose the best ASX shares I could hold for 10 years appeared first on The Motley Fool Australia.

But they are not the only places to find compelling long-term opportunities.

I think there are some interesting ASX shares sitting in areas such as wealth technology, healthcare retail, and defence technology. These businesses are exposed to different demand drivers, which can be useful for investors looking beyond the usual market heavyweights.

These are three ASX shares I would consider buying.

Hub24 Ltd (ASX: HUB)

The first ASX share I would buy is Hub24.

Hub24 provides investment platform technology used by financial advisers and their clients. That may not sound exciting at first, but I think it is an attractive part of the market.

Financial advice is becoming more demanding. Clients may have superannuation, managed accounts, pensions, tax considerations, estate planning needs, and changing retirement goals. Advisers need tools that help them manage that complexity without wasting time on manual administration.

That is where Hub24 has built its position. The platform can become part of an adviser's daily workflow. Once client portfolios, reporting, administration, and managed accounts are running through the system, switching providers is not something most advisers would do lightly. I like that stickiness.

Hub24 can also benefit as more wealth moves through modern platforms. Australia's superannuation and retirement savings pool is enormous, and I think efficient technology will keep becoming more important as investors seek advice and better portfolio management.

Sigma Healthcare Ltd (ASX: SIG)

Sigma is another ASX share I would buy.

I think the attraction with the Chemist Warehouse owner is repeat customer demand.

Pharmacy retail is tied to everyday health, wellness, beauty, personal care, and prescription needs. Customers may walk in for one product and leave with several. That gives the business frequent traffic and plenty of opportunities to deepen customer relationships.

Chemist Warehouse's value proposition is also a major strength in my view.

In a cost-of-living environment, shoppers are highly aware of price. A value-led pharmacy retailer can stay relevant because customers still need health products, but they want to feel they are getting a good deal.

I also think Sigma's scale could become more powerful over time. Larger retail and distribution networks can support stronger supplier relationships, improved logistics, private-label opportunities, better customer data, and category expansion.

DroneShield Ltd (ASX: DRO)

DroneShield provides counter-drone and electronic warfare technology. Its products help customers detect, track, identify, and respond to drones in defence, government, and security settings.

I think this is a market with strong long-term relevance, potentially making it an ASX share to buy and hold.

Drones are changing the way militaries, airports, prisons, public events, and critical infrastructure operators think about security. They can be used for surveillance, disruption, smuggling, or attacks, which creates demand for counter-drone systems.

What I like about DroneShield is that it gives ASX investors exposure to a specialised defence technology niche. Recent contract momentum suggests customers are prepared to spend money on these capabilities, which is important for turning a strong theme into a real business.

This is not a quiet blue-chip share. Contract timing can be uneven, competition can increase, and the share price may remain volatile. But for investors comfortable with risk, I think DroneShield has one of the more interesting growth runways on the ASX.

Foolish Takeaway

The ASX offers more than banks, miners, and supermarkets.

I like the idea of looking for businesses that are exposed to different forms of demand, whether that is better wealth management technology, everyday healthcare spending, or rising security needs. These are very different opportunities, and each carries its own risks.

But for investors willing to look beyond the most familiar parts of the market, I think shares like these show there are still plenty of ways to find long-term growth on the ASX.

The post 3 ASX shares I'd buy that are not banks, miners, or supermarkets appeared first on The Motley Fool Australia.

But I do not think his approach needs to feel out of reach for everyday investors.

At its core, Buffett-style investing is about buying easy to understand businesses, paying sensible prices, staying patient, and letting compounding do the work. I think those ideas can be applied just as easily to ASX shares as they can to US stocks.

Here is how I would use some of Buffett's golden rules to build wealth on the ASX.

Buy businesses, not share prices

One of Buffett's best lessons is to think like a business owner.

That means I would not start by asking which ASX share might jump next week. I would ask whether I would be happy owning part of the business for many years.

This can change the way investors look at the market.

Take Woolworths Group Ltd (ASX: WOW). Its share price will move around, but the business is tied to weekly grocery shopping, loyalty, supply chains, online convenience, and household essentials.

Or consider Hub24 Ltd (ASX: HUB). Its value is not only in today's share price. It comes from the role its platform plays for financial advisers, the growth in funds under administration, and the chance to keep benefiting as wealth management becomes more technology-driven.

That does not mean every quality business is worth buying at any price. But it does mean the starting point should be the business itself.

Stay inside the circle of competence

Warren Buffett often talks about staying within a circle of competence.

For me, that means buying ASX shares I can explain in plain English.

I do not need to understand every technical detail of a company. But I do need to understand how it makes money, why customers use it, what could go wrong, and what might make the business larger over time.

That is one reason I like Sigma Healthcare Ltd (ASX: SIG). The business is connected to everyday health, pharmacy retail, distribution, value-focused shopping, and repeat customer demand. There are still risks around execution, margins, regulation, and competition, but the basic customer need is easy to grasp.

Look for durable advantages

Another Buffett-style rule is to look for businesses with strong competitive positions.

On the ASX, I would search for companies that have scale, trusted brands, hard-to-replicate assets, network effects, or specialist expertise.

Goodman Group (ASX: GMG) is a good example. It is more than a property owner. It has global relationships, development capability, scarce locations, and exposure to logistics and data centre demand.

Cochlear Ltd (ASX: COH) is another. It has built a global position in implantable hearing solutions, supported by specialist technology, surgeon relationships, research, and a long-term healthcare need.

These types of advantages can help businesses keep earning attractive returns, even when conditions become tougher.

Be patient with compounding

Buffett's approach is also built on patience.

I think this is where many investors struggle. They buy a quality ASX share, then become frustrated when the share price does little for six months. But wealth is rarely built in a straight line.

A company may spend years reinvesting, expanding, improving margins, strengthening customer relationships, and building scale before the full benefit becomes obvious.

That is why I would rather own a smaller group of high-quality ASX shares for a long time than constantly trade in and out of whatever is popular.

Patience does not mean ignoring problems. If the investment case breaks, I would reassess. But if the business is still improving, a flat or falling share price can sometimes be an opportunity rather than a reason to panic.

Foolish takeaway

Warren Buffett's rules are simple, but they are not always easy to follow.

They require patience, discipline, and the willingness to think beyond the next market update.

For ASX investors, I think the lesson is clear. Focus on businesses that are understandable, well positioned, and capable of becoming more valuable over time. Pay attention to price, but do not let short-term share price moves dominate the decision.

That is how I would try to build wealth with ASX shares. Not by chasing every trend, but by owning quality businesses and giving compounding enough time to work.

The post How I would use Warren Buffett's golden rules to build wealth with ASX shares appeared first on The Motley Fool Australia.

I prefer businesses with more practical growth stories. They help families, advisers, consumers, and households solve real problems, and they still have room to grow over time.

The three ASX growth shares in this article all look very different. But I think each could be a strong long-term wealth creator if management continues to execute successfully.

Life360 Inc. (ASX: 360)

Life360 is one ASX growth share I would consider buying for exposure to the changing way families use technology.

The company is best known for its family location and safety app. That may sound simple, but I think the emotional value of the product is what makes it interesting.

Parents want to know their kids have arrived safely. Families want to stay connected without sending constant messages. Drivers want support if something goes wrong. Older family members may want an extra layer of reassurance.

That gives Life360 a role in everyday family life, not just occasional app usage.

The business also has several avenues for growth from here. Subscriptions remain important, but advertising, roadside assistance, driving insights, location-based tools, and artificial intelligence (AI) features could all add to the opportunity over time.

What I like most is that Life360 already has scale with almost 100 million monthly active users. A large user base gives the company room to improve monetisation without needing every dollar of growth to come from new users.

There are risks to consider, including privacy expectations, competition, and the need to keep users engaged. But I think Life360 has the sort of global consumer platform that could become much more valuable over the next decade.

Hub24 Ltd (ASX: HUB)

Hub24 is another ASX growth share I rate highly.

The company provides investment platform technology used by financial advisers and their clients.

I think it is a very attractive niche. Financial advice is becoming more demanding. Clients may have superannuation, managed accounts, pensions, tax considerations, estate planning needs, and changing goals. Advisers need systems that help them manage that complexity without drowning in administration.

Hub24 sits right in that workflow.

The appeal is not only about the growth of funds under administration. It is the way modern platforms can become central to an advice practice. Once advisers are using a platform every day, switching can be inconvenient and costly.

I also think there is still plenty of room for market share gains. Wealth management in Australia is large, and advisers continue to look for better technology, better service, and more efficient tools.

Competition remains strong, and platform businesses can be sensitive to market falls. But I think Hub24 has built a strong brand in an industry where trust and service quality matter.

Breville Group Ltd (ASX: BRG)

Breville is a different kind of growth share.

It is not a software platform or app business. It is a premium appliance company with a global brand.

What I like about Breville is that its best products can become part of daily routines. Coffee machines are the clearest example. For many customers, at-home coffee is not a one-off purchase decision. It becomes a habit.

That gives Breville a strong foundation if it can keep designing products that feel premium, useful, and worth paying more for.

I also think the company still has international growth potential. A good brand can travel if the product quality, design, distribution, and pricing are right.

There are risks around consumer spending, competition, tariffs, and currency movements. But I like Breville's mix of brand strength, product innovation, and global opportunity.

Foolish takeaway

The shares I like most for long-term growth are not always the loudest names in the market.

I am drawn to companies that can become more useful to their customers over time. Life360 can deepen its role in family safety, Hub24 can become more important to financial advisers, and Breville can keep building a global premium appliance brand.

If these businesses keep improving, I think they could reward patient investors over the years ahead.

The post 3 ASX growth shares I'd buy to build long-term wealth appeared first on The Motley Fool Australia.

When one analyst thinks a business is a buy, that's interesting, but when numerous experts think a stock is a buy, that suggests the business is a compelling opportunity.

So, let's look at two highly rated companies.

Hub24 Ltd (ASX: HUB)

Hub24 has a number of businesses, including the Hub24 platform, Class, NowInfinity and myprosperity.

It offers advisers and their clients a comprehensive range of investment options, including managed product solutions, transaction and reporting functionality. Class provides wealth accounting software, particularly for SMSFs, and myprosperity is a client portal for accountants and financial advisers.

The company is still growing at a very good pace. In the three months to 31 March 2026, it reported platform net inflows of $4 billion (up 9% excluding large migrations) and total funds under administration (FUA) reached $151.7 billion (up 22% year over year).

The ASX share boasted that its platform ranked first for quarterly and annual net inflows, so it's a good sign that the business will stay ahead of its rivals and even increase the gap.

That quarterly update saw the business sign 37 new licensee agreements, with the total number of advisers using the platform increasing by 272 to 5,549 (up 11% year over year).

According to CMC Invest, there have been 11 ratings on the business over the last three months, with 8 buy ratings and 3 hold ratings. The average price target of those 11 ratings suggests the business could rise by more than 20% in the year ahead.

Metcash Ltd (ASX: MTS)

Metcash is a fairly diversified business. It supplies IGA supermarkets across Australia, as well as a number of independent liquor chains.

The company also has a business-to-business (B2B) division that supplies customers such as hotels, cafes, restaurants, and so on.

On top of that, Metcash has a hardware and tools segment that includes Mitre 10, Home Hardware, Total Tools and other, smaller businesses.

The most recent update from the business was guidance for the FY26 result, which is expected to be released on 22 June 2026.

The ASX share expects to report underlying net profit after tax (NPAT) of between $268 million and $270 million, with group revenue growth of 0.7% (or 3.8% growth excluding tobacco).

It noted a resilient performance in food and liquor, with the liquor operating profit (EBIT) margin improving in the second half of FY26. It also noted improved sales momentum in hardware and tools in the second half, while structural cost actions are underway.

According to CMC Invest, there have been eight ratings on the business in the last three months, with five buy ratings, two hold ratings and one sell rating. The average price target implies a possible rise of more than 10%.

The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

The pool now exceeds $4.5 trillion in total assets.

It grows every fortnight as 12% of every Australian worker's salary flows in by law.

And as the population ages, an increasing proportion of that capital is moving from industry and retail mega-funds toward independent advisers who use wealth management platforms to administer their clients' money.

Three ASX-listed companies sit directly in the path of that shift.

Hub24 Ltd (ASX: HUB)

Hub24 has been one of the standout performers on the ASX over the past five years, rising significantly as advisers migrated from legacy platforms to its modern, technology-first alternative.

The numbers confirm the momentum is not slowing.

In Q3 FY 2026, Hub24 delivered $4.0 billion in net platform inflows, bringing total funds under administration to $151.7 billion, up 22% year on year.

More than 5,200 advisers now use the Hub24 platform, up 11% year on year, and the company has ranked first for quarterly net inflows for nine consecutive quarters.

Hub24 upgraded its FY 2027 platform FUA target to $160 billion to $170 billion, and is rolling out its myhub AI ecosystem.

This will integrate advice tools and technology into a single platform, providing an even stronger product that will drive future growth.

Netwealth Group Ltd (ASX: NWL)

Netwealth is Hub24's closest rival and is equally well-positioned to capture the superannuation growth story.

Netwealth's first-half FY 2026 result sent shares surging 10% in a single session, with platform FUA reaching a record as revenue and earnings grew at double-digit rates.

The company has built a reputation for product quality and client retention that rivals Hub24's.

Both companies are raising capital faster than Australia's largest industry super funds, a remarkable achievement for businesses that were virtually unknown a decade ago.

Netwealth has also slipped in recent weeks alongside Hub24, creating a more attractive entry point for investors.

Perpetual Ltd (ASX: PPT)

Perpetual offers a different angle on the superannuation theme.

Rather than a platform business, Perpetual is one of Australia's oldest investment management firms, overseeing $219.2 billion in assets under management across global equity and fixed income strategies.

The company is in the middle of a significant transformation, having announced the $500 million sale of its Wealth Management division to Bain Capital.

This will reduce net debt to approximately 0.2 times EBITDA and sharpen its focus on institutional asset management.

A cleaner balance sheet and renewed strategic focus have attracted growing broker interest.

For investors seeking exposure to the superannuation theme through a more value-oriented lens, Perpetual's post-sale transformation looks increasingly interesting.

Foolish Takeaway

Australia's compulsory superannuation system means the pool keeps growing regardless of what markets do.

Hub24 and Netwealth capture that growth through platform market share gains.

Perpetual captures it through institutional asset management.

All three are positioned to benefit from a multi-decade tailwind that most investors are underestimating.

The post Why Australia's $4 trillion superannuation pool is creating a once-in-a-generation opportunity for these ASX stocks appeared first on The Motley Fool Australia.

It is not selling products to consumers, building artificial intelligence (AI) models, or chasing a glamorous global market. But I think it is one of the best ASX 200 growth shares to buy for the long term.

The reason is simple. Hub24 sits in the middle of a wealth management industry that is still changing.

A strong position in a large market

Hub24 provides investment platform technology used by financial advisers and their clients.

That may sound niche, but I think it is a very attractive part of the market.

Financial advice is becoming more complex. Clients can have superannuation, pensions, managed accounts, tax needs, estate planning considerations, and investment portfolios that need to be managed across different life stages.

Advisers need systems that make that work easier.

That is where Hub24 has built its position. Its platform helps advisers manage client money, administration, reporting, and investment choices more efficiently.

I like that because once a platform becomes part of an advice practice's daily operations, it can become very sticky. Advisers do not want clunky technology, poor service, or unnecessary admin slowing them down. If Hub24 keeps delivering a better experience, it can keep winning share.

It still has room to grow

One of the big reasons I like Hub24 is that it is already large, but not close to being finished.

In its latest update, Hub24 said total funds under administration reached $151.7 billion at 31 March 2026, up 22% on the prior corresponding period. Platform funds under administration reached $127.8 billion, up 25%.

That is already a substantial business.

But the company also noted that its platform market share was 9.7% at 31 December, up from 8.3% a year earlier. This means it ranked as the sixth-largest platform by funds under administration.

That tells me two things.

First, Hub24 is clearly gaining ground. Second, there is still a lot of market share available to win from incumbents.

This is the part of the story I find most compelling. Hub24 does not need to invent a new industry to grow. It needs to keep attracting advisers, winning flows, and improving its platform in a market where many older providers may still be vulnerable to better technology and service.

Why I'd buy this ASX 200 growth share

I think Hub24 has several traits I like in a growth share.

It operates in a large market, has a strong reputation, benefits from structural changes in wealth management, and still has meaningful market share to win.

There are risks to consider. Competition remains strong, and platform businesses can be sensitive to market falls because funds under administration are linked to asset values. Valuation is also important, particularly for a high-quality growth stock.

But I think Hub24's growth runway and current valuation remain attractive.

Foolish takeaway

Some growth shares need a dramatic breakthrough to justify investor optimism.

Hub24's opportunity looks different. The company is already doing the thing it needs to do: winning advisers, attracting flows, and taking share in a market that still has plenty of room for better technology.

That does not mean the share price is guaranteed to move higher. But if Hub24 keeps strengthening its position over the next few years, I think it could become a much larger and more valuable ASX 200 business.

The post Why I think this could be one of the best ASX 200 growth shares to buy appeared first on The Motley Fool Australia.

That second group can be powerful for patient investors, as high-quality businesses with long runways can create serious wealth over time.

Here are three that could do this over the next decade:

Hub24 Ltd (ASX: HUB)

The first ASX share to look at is Hub24.

It operates an investment platform used by financial advisers and their clients. These platforms help manage portfolios, reporting, administration, and access to investment products in one place.

Hub24 has benefited from a major shift in Australia's wealth management industry. Advisers have been moving away from older platforms and toward technology-led providers that offer better functionality, flexibility, and service.

This has helped the company win market share and attract growing funds under administration. And as more money flows onto its platform, Hub24 benefits from scale, recurring revenue, and deeper relationships with advisers.

There will always be competition in platform technology. But Hub24 has built a strong position in a large industry that still has room to modernise.

Light & Wonder Inc (ASX: LNW)

Another ASX share that could build wealth over time is Light & Wonder.

It operates in the global gaming industry, providing gaming machines, digital casino content, and social gaming products. This gives it exposure to several parts of a large entertainment market.

Light & Wonder's strength is its content. Successful gaming products rely on engaging maths models, strong brands, player appeal, and distribution across land-based and digital channels. When a company gets that mix right, popular titles can travel across markets and formats.

The business also has a global opportunity. Casinos, digital operators, and social gaming platforms all need fresh content to keep players engaged. That creates a long runway for companies that can consistently develop and distribute successful games.

This is not a risk-free sector. Regulation, competition, and consumer trends all matter. But Light & Wonder has a platform that gives it multiple ways to grow earnings if it continues executing well.

Macquarie Group Ltd (ASX: MQG)

A third ASX share to consider is Macquarie.

The investment bank and asset manager has built one of the most impressive long-term track records on the ASX. Its operations span asset management, commodities, infrastructure, green energy, banking, and markets.

What makes Macquarie interesting is its ability to find growth opportunities across cycles. It is not reliant on one narrow earnings stream. Some divisions perform better in volatile markets, while others benefit from long-term investment themes.

Its global infrastructure and asset management capabilities are particularly important. Demand for capital to fund energy transition, data infrastructure, transport assets, and essential services could remain significant for decades.

Overall, few ASX financial shares have shown the same ability to adapt, reinvest, and grow across different environments as Macquarie.

The post 3 ASX shares that could build serious wealth for shareholders appeared first on The Motley Fool Australia.