Our latest insights

Ideally, you want 5-10 years to plan for retirement. The longer you allow yourself, the easier it will be to reach your goal. If selling the business part of your plan, the aim is to secure the best price and maximise your return after tax. So, what factors should you consider for retirement?

Explore recommendations to improve Aged Care Financial Standards and support provider stability.

In the dynamic landscape of family business and current economic environment, it’s critical to prepare the next generation to ensure they’re comfortable to take over operations.

The ATO estimates Australia has 800,000 trusts controlling over $3t in assets and with $3.5t in wealth about to transition from the incumbent generation over the next 20 years, there needs to be consideration for the impending vesting date of Australian family trusts.

Family businesses are the backbone of the Australian economy, providing stability and employment. However, as these businesses grow and evolve, so do the complexities of their financial landscapes. For the Rising Generation preparing to take the reins, understanding and managing these complexities is crucial.

Having funds in superannuation is a great financial structure from a tax perspective. Despite this being a great vehicle to invest your money, you should be aware of the potential tax that applies to certain beneficiaries of your super upon your death.

Tax, happiness, risk, intergenerational, wealth, transfer, family, transparency, will, superannuation, property

Integrating innovation and legacy is crucial for the continued success of family businesses. Legacy provides a sense of identity, purpose and continuity, while innovation drives growth and competitiveness. So how can you balance the two?

In the bustling world of family businesses, leadership in the business will be transitioned as one generation becomes older. So, how do we ensure that the rising generation is ready to take on the financial challenges that come with this responsibility? The answer lies in building financial confidence in the Rising Generation.

As family businesses evolve, financial transparency has become a vital element for fostering growth and trust. As the baton passes to the Rising Generation, a new wave of openness and accountability is reshaping the way family business discuss money.

Social media offers strong appeal for the masses to learn finance due to the ability to quickly disseminate information in a digestible way. While this may not be how previous generations learned financial acumen, it is undeniable that social media platforms are opening new ways of understanding how to build wealth.

In the evolving landscape of family businesses, the Rising Generation is stepping up with a fresh perspective and innovative strategies. One of the most significant shifts we are witnessing is the strategic use of financial data to drive business growth.