Family Business Association News & Articles keep up to date on all news.
The trust deed for a Self-Managed Superannuation Fund (SMSF) is vitally important as it contains the rules for the operation and management of the fund. Despite its importance, SMSF deeds are often not reviewed regularly. If a deed is not reviewed or updated regularly, it may not comply with changes in legislation.
Family businesses are unlike any other. The close connections are a strength, but when it comes to tough conversations, like handling underperformance or deciding who fits best in what role, those connections can complicate things. Fortunately, using frameworks like the Entrepreneurial Operating System (EOS) alongside the Harvard 3 Circle Family Business Model can help keep those discussions focused, fair, and most importantly, effective.
Recently, the Government announced its intention to progress numerous company law reforms, aimed at making New Zealand an easier and safer place to do business.
For over 35 years, Mr Pothole has been delivering expert asphalt repair and maintenance services in Perth. Specialising in hand-laid asphalt and kerbing, they manage projects ranging from small pothole repairs to full resurfacing. We had a chat with the team at Mr Pothole to learn more about the family business, their growth, and their insights for other family businesses.
Founded in 2020 by Satwinder Flora during the early stages of COVID-19, Nimbu offers its clients a full suite of technology and digital marketing services including website development, search engine optimisation, social media marketing, digital advertising management and a host of other cloud technology services. Satwinder’s mission was clear from the start: to support businesses in navigating the shift to digital operations. We spoke with Satwinder Flora to learn more about the family business, their growth, and their future expansions on the horizon.
The Family Business Excellence Awards 2024/25 were presented across South Australia / Northern Territory, New Zealand, Queensland, Victoria / Tasmania, New South Wales / ACT, and Western Australia as part of the Family Business Insight State Conferences throughout September and October. Congratulations to all our deserving winners, who will now be our finalists for the Family Business Excellence Awards held in May 2025.
Established in 1987 by John and Janette Kuyf, REL Group is an engineering company initially specialising in farm equipment before expanding to import products and adding value through design, installation, and maintenance services. What started as a small operation quickly blossomed into a thriving enterprise. We had a chat with Hayden Kuyf, 2nd generation family member who joined the business full-time in 2016, to learn more about the family business, the pivotal moment that changed its direction and his insights for other family businesses.
FBA’s Forum Group Program offers more than just business advice—it provides a community that understands the nuanced and complex dynamic of family business and supports each other’s growth, both personally and professionally. We spoke with four Forum Group participants who shared their personal experiences and explained why the program has been so pivotal in their family business journeys.
Questions about the depth of Australia’s engagement with Asia keep resurfacing. Their dogged persistence alone might be evidence this is still a challenge. Perhaps Australia will always be an outsider in the region? But perhaps insecurity or jaundice keep Australia from recognising the regional prosperity it has already shared in over a long period.
The Family Business Insights WA State Conference was held in Perth at Aloft Perth on Thursday 24 October. The event provided an opportunity for members to connect, learn, and share insights on critical topics such as stewardship of the family business across generations, avoiding insolvency in family businesses, creating an effective workplace culture and building resilience through crises.
KPMG and Family Business Association (FBA) work together to support family businesses across our nation. Family Businesses are the backbone of Australia's economy and make a significant broader contribution to the communities in which they operate.
The trust deed for a Self-Managed Superannuation Fund (SMSF) is vitally important as it contains the rules for the operation and management of the fund. Despite its importance, SMSF deeds are often not reviewed regularly. If a deed is not reviewed or updated regularly, it may not comply with changes in legislation.
Family businesses are unlike any other. The close connections are a strength, but when it comes to tough conversations, like handling underperformance or deciding who fits best in what role, those connections can complicate things. Fortunately, using frameworks like the Entrepreneurial Operating System (EOS) alongside the Harvard 3 Circle Family Business Model can help keep those discussions focused, fair, and most importantly, effective.
Recently, the Government announced its intention to progress numerous company law reforms, aimed at making New Zealand an easier and safer place to do business.
For over 35 years, Mr Pothole has been delivering expert asphalt repair and maintenance services in Perth. Specialising in hand-laid asphalt and kerbing, they manage projects ranging from small pothole repairs to full resurfacing. We had a chat with the team at Mr Pothole to learn more about the family business, their growth, and their insights for other family businesses.
The Family Business Excellence Awards 2024/25 were presented across South Australia / Northern Territory, New Zealand, Queensland, Victoria / Tasmania, New South Wales / ACT, and Western Australia as part of the Family Business Insight State Conferences throughout September and October. Congratulations to all our deserving winners, who will now be our finalists for the Family Business Excellence Awards held in May 2025.
FBA’s Forum Group Program offers more than just business advice—it provides a community that understands the nuanced and complex dynamic of family business and supports each other’s growth, both personally and professionally. We spoke with four Forum Group participants who shared their personal experiences and explained why the program has been so pivotal in their family business journeys.
The Family Business Insights WA State Conference was held in Perth at Aloft Perth on Thursday 24 October. The event provided an opportunity for members to connect, learn, and share insights on critical topics such as stewardship of the family business across generations, avoiding insolvency in family businesses, creating an effective workplace culture and building resilience through crises.
Questions about the depth of Australia’s engagement with Asia keep resurfacing. Their dogged persistence alone might be evidence this is still a challenge. Perhaps Australia will always be an outsider in the region? But perhaps insecurity or jaundice keep Australia from recognising the regional prosperity it has already shared in over a long period.
Family Business Association (FBA) held its Annual General Meeting (AGM) on Tuesday, 22 October 2024, at 12pm AEDT. The meeting welcomed both in-person and online attendees, with a quorum present to reflect on the last year, assess financial performance, appoint new directors to the Board and review the current FBA Constitution.
The Family Business Insights NSW/ACT State Conference was held in Sydney at Rosehill Racecourse on Friday 18 October. The event provided an opportunity for members to connect, learn, and share insights on critical topics such as succession planning, managing family employees, and the importance of values and community impact in business.
