Wealthy families have a significant positive socio-economic impact on Australia.
Recent data from the University of Adelaide highlighted every one percentage point improvement in annual return on the wealth managed by Australian Family Enterprises will result in:

The creation of over 45000 full-time jobs;
$3-4 billion in wages each year
$6-7 billion in Gross Domestic Product; and
About $300 million each year in direct taxes.
In addition, the research estimated there is more than $1 billion provided to impact investment, be it philanthropic or investment into sustainable and responsible innovations, which generate positive impacts for our community.

By adopting an appropriate Family Office model to manage their professional service needs and their wealth, families can multiply the impact they have on the broader economy and improve their long-term family success. However, lasting impact depends on those families prospering for generations. This isn’t guaranteed.

A first of its kind in Australia, this report uncovers why a family strategy matters and how a modern family office can be effective in managing intergenerational wealth. This discussion will also explore how Mutual Trust implements the findings of this research to deliver what matters most.