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editor's note

January 1, 2008

When hurricane Katrina hit New Orleans in 2005, the fortunes of vacuum cleaner manufacturer Oreck Corporation changed dramatically. Like many local businessmen, second-generation chairman Tom Oreck thought he had lost everything.

Bruce Love is editor-in-chief

November 1, 2004

Australia’s federal government has called for submissions from family businesses so it can better meet the needs of the country’s largest business sector.

Australia's federal government has called for submissions from family businesses so it can better meet the needs of the country's largest business sector. This is welcome news. Australia's small business minister Joe Hockey made the pledge after a debate with opposition finance and small business spokesman Bob McMullan at a national conference held earlier this year. Mr Hockey says family businesses are the engine of the Australian economy and are major contributors to the country's GDP. He is right.

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