In Australia, family businesses have existed for an average of 28 years, with most owners being between 50-65 years old. While very few owners are under 40, 14% are over 65, and 6.4% are in their 70s, showing that some take advantage of post-war opportunities to start businesses and remain actively involved even into their late careers, with 44% seeing themselves working past 65. The majority of Australian family business owners are male, married, Australian-born English speakers with at least a secondary education.