A decade or so ago, entities in the Moloney family group – which operates a Victorian company called Mt Noorat Freighters – were restructured for succession planning purposes.
This involved the $3.5 million sale of the business from one trust in the family group to another.
Michelle BowesWealth reporterMichelle Bowes writes about wealth from our Sydney newsroom. She has more than 20 years of experience as a business journalist and is the author of Money Queens: Rule your Money, an award-winning personal finance book for teenage girls. Email Michelle at michelle.bowes@afr.com
