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We are delighted that so many family business leaders took the time to complete Grant Thornton and Family Business Australia & New Zealand’s Family Business Survey 2021 - Australia’s longest running survey into family businesses (having first been published in 2005). It has given us a unique insight into how family businesses have fared over the last 18 months and their prospects for the future.
Generally speaking – family businesses are optimistic. However, if we look closer, we see that the family firms with strong governance in place and that are 'transition-ready' far outperformed their peers in terms of resilience in the past, prospects for the future, and overall satisfaction with their achievements.
Thank you for your interest in our Family Business Survey.
Please contact communications@au.gt.com if you need any further information.
Grant Thornton and Family Business Australia and Family Business New Zealand’s Family Business Survey 2021 report was released on the 17th of September, and received responses from over 260 family business leaders. The report highlights the importance of good governance, succession planning and being transition-ready, as well as how all of these elements contribute to better financial performance.
Succession
Resilience
Family values
Governance
Business strategy
