We have all heard the statistics that 70% of wealth transfers to the next generation fail. When this moves past 2nd generation and into the 3rd generation and beyond, this failure rate is above 90%.

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.