Date Posted: May 25, 2015

Wayne Wescott, Chief Executive OfficerGreenfleet With their eye on future generations, sustainability is at the heart of every family business. When a company – however big or small – is focused on the long-term game rather than the short-term gain, sustainable practices make sense.Family businesses know that sustainability is more than a marketing opportunity or a line in a corporate mission statement – it’s an integral part of how to operate.... Read more

Date Posted: May 22, 2015

As part of National Consumer Fraud Week 2015, the ACCC is warning small business operators to think twice before opening email files that could contain ransomware. The ACCC’s latest Targeting Scams Report shows that almost $1 million was lost to these scams last year. Ransomware is a type of malware that infects a computer system by restricting access unless a ransom is paid to a scammer for the restriction to be... Read more

Date Posted: May 13, 2015

The talk today has been all about the 2015 Federal Budget. Here are a few items that peaked our interest: Key initiatives for small and family businesses include a 1.5% reduction in the corporate tax rate, from 30% to 28.5% for small businesses with up to $2 million turnover, bringing the rate down to the lowest level in 50 years. In recognition of the fact that not all small businesses use... Read more

Date Posted: May 6, 2015

Innovation, Inspiration and Insights for Family Business SuccessThere is a common myth that family businesses tend not to innovate, are risk averse and poorly managed.  This year’s WA State Conference on Thursday 4 June will bring to the fore pioneering examples of how wrong this myth is, and demonstrate how family businesses of all kinds develop unique ways of staying ahead of the game, to build a strong legacy for... Read more

Date Posted: April 30, 2015

What a stormy reception! My first few weeks working with FBA have been filled with warmth and friendliness, mountains of information and some of the worst weather ever seen in NSW! How did you fare? I am sure that many members have been affected to varying degrees by the cyclonic storms and - as I write- our northern coastal areas are preparing for more of the same punishment. We would... Read more

Date Posted: April 30, 2015

Vision & Values – the cornerstones of a family business Businesses are really busy. But they are too busy working in their business. And now, more than ever, with disruptive technologies, rapid changes in the marketplace and uncertainty at all levels of government, it is vital that family businesses step back and take the opportunity to work on their business to develop a long-term strategic focus. This year’s state conference is shifting... Read more

Date Posted: April 29, 2015

A time to reflect with the 100 years of Anzac remembering those who have paid the ultimate price in service to our nation. We have been branching out to the greater ACT region – with a trip to Eden NSW to spread the good word of FBA.  Our dear members Irene Cassimatis of NDH Property Sevices and Wayne Bolin, Accredited Adviser joined me on a journey to the Eden business chamber... Read more

Date Posted: April 29, 2015

This will be my last web post to you all, as I am stepping down as the FBA SA/NT State Manager. I’ve been offered an exciting new role in the retirement industry starting in May. I do feel a little sad as I’ve met some wonderful people over the last couple of years and I’ve certainly learnt so much about the challenges that family businesses face no matter what size... Read more

Date Posted: April 29, 2015

There is a common myth that family businesses tend not to innovate, are risk averse and poorly managed.  However as I have been building the annual WA State Conference program, researching case studies and recruiting guest speakers I have uncovered that even in the current economic landscape we have some innovative, entrepreneurial and inspiring family business success stories.  The result is that we have a day packed full of family business... Read more

Date Posted: April 29, 2015

The Federal Government is proposing to introduce laws relating to unfair contract terms for small businesses.Under the proposed legislation, a court will be able to strike out a term in a small business contract that is considered unfair. For example, a term that allows a big business to unilaterally change the price or key terms during the course of the contract could be considered unfair.The protections will apply to businesses... Read more