The focus for most business owners is frequently on business goals. Yet most go into business with personal and financial goals such as providing for their families and creating wealth. A key component of succession planning for business owners that is completely overlooked or not attended to correctly is planning for unexpected events such as…

Recently there has been a constant stream of negative publicity about the financial planning profession with numerous inquiries and major reforms taking place.  Estimates also suggest that only 10 to 20% of the adult population have received professional financial advice. Despite this background and poor take up amongst the general population, there is a growing need…

I recently returned from our annual camping holiday. This year we ventured north to Kalbarri. For those of you not familiar with Kalbarri it is approx. 7 hours drive north of Perth, has a population of approx. 1400 people and an average summer temperature of 33 degrees. I last visited Kalbarri as a young boy with my…

One of the biggest upsets of the recent World Cup was Germany’s 7 goal to 1 trouncing of Brazil in the World Cup semi-final. The post-match analysis showed that Brazil had not kept pace with modern football developments and had slipped from being a coaching benchmark and technical development leader to adopting tactics that were highly dependent on…

Many years ago as a young primary school student at North Kalgoorlie Primary School I had my first recollection of the Olympic Games – our teacher pinning a newspaper article to the board of Shane Gould winning 3 gold medals at the 1972 Munich Olympic Games. I was enthralled – how did a school girl win 3 Gold,1 Silver…

Happy New Year! I hope you all had a restful break enjoying the summer weather and feast of sport available to watch on television. I am looking forward to seeing the Swiss maestro  Roger Federer in action at the tennis. This is the time of year when we decide to commit to new personal resolutions…

Economic Update Recent events in the US have again highlighted how vulnerable asset prices can be to political and economic events. The Australian share market has continued its upward trend in the past month reaching levels not seen since prior to the Global Financial Crisis. This when combined with the recent increases in property prices…

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Geoff Ivanac is a Sub-Authorised Representative (No. 000309751) of Barsden Private Wealth Pty Ltd ATF The BPW Trust (ABN 41 153 930 799) trading as Barsden Private Wealth.

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