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      New Zealand family businesses continue to play a critical role in the economy; deeply connected to their communities, guided by strong values and shaped by long-term thinking. However, the next decade will test whether those traditional strengths are enough.

      Drawing on insights from 51 New Zealand family business leaders, this report explores how local businesses are preparing for a more complex future. It considers the challenges of sustaining growth, changing customer expectations, the growing urgency of succession planning, and the rising importance of technology adoption and cyber resilience.

      The findings point to a sector with strong confidence and clear ambition, but also a need for more deliberate action. The family businesses best placed for the future will be those that strengthen governance, invest in capability, professionalise where needed, and preserve the values that make family ownership distinctive.

      Key insights from the survey


      Changing customer demand is emerging as a major strategic challenge, ranked among the top long-term concerns by 37% of New Zealand family businesses.

      The next generation is expected to lead the future, but only 3% of owners are highly confident in leadership readiness.



      Hear from our leaders

      The next decade will not be defined by how successful family businesses have been, but by how willing they are to evolve.

      Jon Holmes

      National Managing Partner - Private Enterprise

      KPMG New Zealand

      The family businesses that thrive will be those that combine enduring family values with strong governance, professional leadership and a clear focus on the future.
      Dana Hussey

      Director - Private Enterprise

      KPMG New Zealand

      Our insights

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      Our people

      Jon Holmes

      National Managing Partner - Private Enterprise

      KPMG in New Zealand

      Dana Hussey

      Director - Private Enterprise

      KPMG in New Zealand

      Jane Fletcher

      Director, KPMG Private Enterprise

      KPMG in New Zealand