Troy Furness

Troy is one of the Directors of Trekk and considers himself to be our 'Chief Ideas Person' - He has years of experience working in large firms, family businesses, and small practice. During this time experienced lots of successes, as well as some failures. He uses the lessons he's learned along the way to help his client's in any problem they are facing, as well as planning their road to success. The best piece of advice he's been given is "Work hard and the rewards will come, if you give up, then so will the rewards". But while he knows the value of hard work, he also understands the value of personal time too. So, you'll often find him settling in with a good movie with his family, having a punt with his friends or traveling to get some things ticked off the old bucket list in his spare time. If he's ever in need of an injection of motivation, you'll hear him blasting Hilltop Hoods or Eminem and he is hoping to compete in an Iron Man one day soon. A favourite family tradition is watching the Boxing Day Test with his son and if he ever finds the time to read he may pick up a James Patterson 'Alex Cross' novel.

6 min read

Generational Business Succession Planning - What you need to know

Have you ever pondered the long-term succession plan for your business? Succession planning goes beyond TV dramas or billionaire families; it's about navigating the transfer of your hard-earned legacy while maximising the value for you and those who...

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2 min read

Navigating Key Changes from 1 July 2023 with Confidence and Ease

Ready to take a quick tour through the new changes that started rolling out on July 1, 2023? Well, buckle up, and let's shortcut this together!

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A business owner reads about the guide for owners regarding company money on his tablet.

3 min read

Company money: A guide for owners

When you start up a business, inevitably, it consumes not just a lot of time but a lot of cash and much of this is money you have already paid tax...

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Glenn and David of Trekk Advisory will take your business in full throttle.

2 min read

Take your business full throttle in 2023

In a volatile market, keeping to a strategy, or let’s face it creating one, can be tough.

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 Troy Furness of Trekk Advisory Northern Rivers reviews the 2022-23 Budget 2.0 Individuals & Families on his computer.

4 min read

2022-23 Budget 2.0 – Individuals & Families

With seven months before the 2023-24 Budget released in May 2023, this Budget is a shuffling of the deck not a new set of cards. And to continue the...

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Trekk Advisory accountant talks to client about cryptocurrency on super funds on the telephone.

2 min read

Australian super funds gorge on cryptocurrency

The value of cryptocurrency assets inside Australian self managed superannuation funds (SMSFs) increased by 589.9% ($1.17bn) between June 2019 and...

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Couple moving into their new house as interest rates continue to rise.

2 min read

Interest rates continue to rise – So how high will they go?

The RBA lifted the cash rate to 1.85% in early August 2022. The increase comes a few weeks after Reserve Bank Governor Philip Lowe told the...

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Tax on his family home is the consideration for a man who put signage for selling his house.

8 min read

Will you pay tax on your family home if you sell?

Everyone knows you don’t pay tax on your family home when you sell it…right? We take a closer look at the main residence exemption that excludes your...

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Admin team at Trekk Northern Rivers checking on the tax ruling changes for trust distribution.

4 min read

ATO Changes Rules On Trust Distributions

The ATO has released 4 tax rulings that will stop commonly used trust distributions to family members. It’s one of the most significant developments...

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Trekk Mt Isa accountant Pagan Lackenby checking her emails on Federal budget for individuals and superannuation.

3 min read

Federal Budget 2022-23 for Individuals & Superannuation

This is a safe, ballot box friendly Budget as expected with a focus on jobs, cost of living, home ownership, and health. Key initiatives include: A 6...

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