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Paul Ashworth
PPersonal finance

Private business wealth is vast – but succession keeps destroying it

  • May 6, 2026

Australia is one of the most privately wealthy nations in the world.

Outside superannuation and housing, a substantial share of national wealth is held in privately owned and family-controlled businesses – property groups, agribusinesses, industrial firms, professional practices and founder-led enterprises that employ millions of Australians and underpin entire regional economies.

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