{"id":76438,"date":"2025-08-18T02:51:08","date_gmt":"2025-08-18T02:51:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/76438\/"},"modified":"2025-08-18T02:51:08","modified_gmt":"2025-08-18T02:51:08","slug":"affluent-families-that-are-unprepared-for-change-risk-wealth-destruction","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/76438\/","title":{"rendered":"Affluent families that are unprepared for change risk wealth destruction"},"content":{"rendered":"<p>For Australia\u2019s wealthiest families, the operating environment has shifted dramatically in recent years, and it\u2019s not going back to what it was in a hurry.<\/p>\n<p>The federal government\u2019s ever-greater revenue demands, the Australian Taxation Office\u2019s <a href=\"https:\/\/www.afr.com\/policy\/tax-and-super\/family-trust-blitz-threatens-financial-ruin-as-ato-goes-back-decades-20250429-p5lv2p\" rel=\"nofollow noopener\" target=\"_blank\">increasingly forensic approach to collecting<\/a> and the political appeal of taking more from those who have more have been a huge wake-up call for wealthy family groups to systematise their governance housekeeping.<\/p>\n<p>Loading&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"For Australia\u2019s wealthiest families, the operating environment has shifted dramatically in recent years, and it\u2019s not going back&hellip;\n","protected":false},"author":2,"featured_media":76439,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":{"0":"post-76438","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-finance","12":"tag-personal-finance","13":"tag-personalfinance"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/76438","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=76438"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/76438\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/76439"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=76438"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=76438"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=76438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}