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‘Money is never the glue which keeps a family together’

Australian businessman David Smorgon is warning of a growing tendency for a sense of entitlement among younger generations when it comes to their relationship with the family business.

Speaking as PricewaterhouseCoopers’ Executive Chairman, Family Advisory, Smorgon told Mornings with Gareth Parker, families need to start talking about their business issues before the get out of hand.

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