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Only 1 in 20 families pass on more wealth than what they inherited? With an estimated $3.5t being transitioned to the Rising Generation over the next 20 years, it’s imperative we ensure the future of Australian family businesses have the skillset to grow the family wealth.
Join Grant Thornton Partner and Accredited Family Business Specialists Ioly Kisin and Kirsten Taylor-Martin along with Emily Hammon from Scenic World in the Blue Mountains, Sydney, as they help the Rising Generation in your family business develop the financial acumen necessary to manage, grow, and sustain your legacy.
Topics covered include:
Explores proposed CGT discount and negative gearing reforms and what they could mean for investors.
Family trusts can benefit from tax concessions that come with making a Family Trust Election (FTE) but risk Family Trust Distribution Tax (FTDT) if not managed well.
Across Australia there are regions experiencing a historic transformation fuelled by a combination of significant investment in infrastructure projects and an increase in population. Western Sydney is an example where the economy has expanded to become the third largest in Australia, contributing $100b to Australia’s GDP or 8 per cent of total GDP.
