Date Posted: August 7, 2017

Foundation donates $57,000 to three Australian charities. The Lyone Foundation, founded by the Lyone family – owners of COS, has donated a further $57,000 to three inspiring Australian charities as part of its goal to donate $1 million each year to help disadvantaged, vulnerable and marginalised Australians. Since its creation in 2013, the Lyone Foundation has raised a donation pool of over $3 million. This latest round of funds will be donated... Read more

Date Posted: August 7, 2017

Family Business Member Michelle Corby | Company Accountant Mangan Logging Business Industry/Description We are a part of the Forest Industry in the Macquarie Region in NSW delivering superior outcomes in harvesting and road transport of pine plantations both in terms of productivity and safety. What generation is your family business? Our family business is currently in its 2nd generation. Our Grandparents started the business in 1961, which was then... Read more

Date Posted: August 7, 2017

Accredited Adviser Duane O’Donnell Investment Adviser Credit Suisse Private Bank How long have you been working with family businesses? I have been providing investment advice for over 30 years. I hold a Bachelor of Commerce from the University of Melbourne, a Masters of Tax from UNSW and a Fellow of The Australian Institute of Company Directors. What’s one of the most common mistakes you see in family businesses? Lack of succession planning. Families need to discuss succession planning issues within... Read more

Date Posted: August 7, 2017

I was excited to attend the FBA Insider event last month week with Pronto Software at North Ryde and even more looking forward to the National Conference at Hamilton Island to catch up with existing members, those who I haven’t yet met and a number of new members. My main focus will be discussing the benefits of being part of a Forum Group. In particular, I want to speak with... Read more

Date Posted: August 7, 2017

NSW and ACT State Manager Blog – August 2017 Many NSW FBA members will also be members of other business organisations such as their local Chamber of Commerce and/or the NSW Business Chamber. Did you know that – as a member of FBA – you are entitled to a 20% discount on your NSWBC membership fee? All businesses make decisions about the organisations of which they are going to be members, where... Read more

Date Posted: August 3, 2017

Family Business Move Yourself Trailer Hire What generation is your family business? 2nd Generation What is your role in the family business? CEO | General Manager What/ who is a major influence for you in the family business? My Father Bill Cowie is a major influence as he is the patriarch of the business and still the Managing Director What keeps you up at night? Keeping up with growth What’s the key benefit of your FBA membership? Networking with other family... Read more

Date Posted: August 3, 2017

Accredited Adviser Dale Ryan Partner & Head of Private Advisory How long have you been working with family businesses? 25 Years What’s one of the most common mistakes you see in family businesses? I often see Family businesses procrastinating about critical decisions which impact the future of their business. The indecision is caused by fear and concern over the impact that certain actions may have on other family members. They can become stuck. What is your “uh... Read more

Date Posted: August 3, 2017

Since our last e news, Debbie Reed ( Chair FBA SA ) and I have attended  a “Thinkers in Business”  round table meeting coordinated on behalf of the Office of Corey Wingard MP, Member for Mitchell - Shadow Minister for Industry and Shadow Minister for Sport, Recreation and Racing. The Minister is keen to hear firsthand what issues are affecting small to medium business and Debbie Reed will continue to... Read more

Date Posted: August 3, 2017

Nominations for Hall of Fame closed last week and have moved onto the always tough task of selecting winners. Good luck to all those nominated!   Need some sunshine? How about a few days on Hamilton Island?   Plans are well underway and registrations are looking good for National Conference.  If you are thinking of attending this years conference on Hamilton Island you will be joining a strong number of WA members attending... Read more

Date Posted: August 3, 2017

Businesses in Australia again woke up last week to reports of another cyber attack.  This time it was the Petya virus.  The virus locks the screens of affected users, with a message that all of the data is encrypted that can only be unlocked by purchasing a key for a ransom.  Victims of the recent attack have reportedly included pharmaceutical companies, global law firms, food wholesalers, shipping companies and food manufacturers. This... Read more