Business Details
48 Years
experience
Your Trusted Partner for Accounting & Advisory Services
Banks Group is a leading accounting, audit, and advisory firm with a proud 45-year history. Since 1978, we have partnered with businesses and individuals to deliver tailored financial solutions aligned with their short- and long-term goals. Our team of over 100 experts specialises in accounting, tax advisory, corporate advisory, and property services, offering integrated advice to help clients navigate challenges and seize opportunities. With offices in Melbourne and Sydney, we combine the technical expertise of a CBD firm with the personalised service of a mid-sized practice.Our holistic approach ensures clients receive strategic insights across eight service lines, supported by a network of industry specialists. Recognised as an AFR Top 100 Accounting Firm, we prioritise responsiveness, proactive thinking, and long-term relationships, ensuring clients feel confident in their financial future.
Services
Accounting & Business Advisory
Audit & Assurance
Tax Advisory
SMSF Management
Property Advisory
Financial Planning
Private Equity
Corporate Advisory
Details
- Year established: 1978
Highlights and features
- We combine technical expertise with personalised service to meet your unique goals.
- Our proactive approach identifies opportunities to enhance business performance.
- Integrated advice across eight service lines ensures comprehensive financial solutions.
- Decades of experience supporting SMEs, family businesses, and individuals.
- Award-winning team with industry specialisations and a client-first ethos.
Associations and certifications
- AFR Top 100 Accounting Firm
What people say
Impeccable service
Highly efficient
Professional and responsive
Trusted advisors
Proactive insights
Services
Accounting & Business Advisory
Our Accounting & Business Advisory division supports SMEs, family businesses, and individuals with bookkeeping, tax planning, and strategic advice. We streamline financial processes, improve cash flow, and provide data-driven insights to foster growth. With over 30 accountants and 45 years of experience, we combine technical expertise with a client-focused approach to ensure long-term success.
Tax Advisory
Banks Groups Tax Advisory team offers specialist insights into complex tax matters, including CGT, GST, and international transactions. Led by 30-year veteran Tim Olynyk, we deliver legally sound strategies to minimise liabilities while ensuring compliance. Our services include ATO audits, business structuring, and white-label advice for accounting firms.
Property Advisory
Our Property Advisory team provides end-to-end support for residential, commercial, and industrial portfolios. With expertise in over $500M in transactions, we offer portfolio reviews, advocacy services, and development strategies. We connect clients with valuers, planners, and legal experts to maximise returns and navigate regulatory challenges.
Corporate Advisory
Banks Groups Corporate Advisory division helps SMEs achieve growth through mergers, acquisitions, and capital structuring. Under the Corner Capital brand, we provide board advisory, business analytics, and succession planning. Our team has facilitated over 80 transactions, focusing on EBITDA $1M$10M businesses seeking strategic expansion.
SMSF Management
We specialise in Self-Managed Super Fund administration, offering compliance, investment strategy, and estate planning services. Our advisors ensure SMSFs align with clients retirement goals while adhering to regulatory requirements. Integrated with tax and financial planning teams, we provide holistic solutions for long-term wealth growth.
People
Eugene Smarrelli
Managing Partner
Eugene Smarrelli leads Banks Groups strategic direction, leveraging over 25 years of accounting experience. He oversees service delivery and fosters a culture of excellence, ensuring clients receive tailored financial solutions.
Tim Olynyk
Partner
Tim Olynyk heads the Tax Advisory division with 30 years of expertise in complex tax planning, including CGT concessions and business restructuring. His legal background ensures practical, compliant solutions for clients.
Ferdi Kayakesen
Partner
Ferdi Kayakesen leads the Private Equity and Corporate Advisory teams, specialising in SME growth strategies. With over 20 years in investment banking, he drives value creation through mergers and acquisitions.
Questions
What services does BG Private offer?
We provide accounting, tax advisory, audit, SMSF management, property advisory, corporate advisory, and financial planning services for businesses and individuals.
How can BG Private help my business grow?
Our integrated advice model combines technical expertise with strategic planning to improve cash flow, reduce costs, and identify growth opportunities tailored to your industry.
Do you work with international clients?
Yes, we assist Australian businesses expanding overseas and foreign companies establishing operations in Australia, offering compliance and market-entry strategies.
Reviews (3)
Albert Foong
Jul 09, 2020
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Positive:Professionalism,Quality
I have been working with Julian Cheong and Jerry Xie, and their service has been top-notch. Very pleased. They are knowledgeable, responsive, friendly and professional.
I have been working with Julian Cheong and Jerry Xie, and their service has been top-notch. Very pleased. They are knowledgeable, responsive, friendly and professional.
Linda Heath
Oct 04, 2019
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We have been using Banks Group for several years now for accounting and wealth management services. Our accountant Hanh On is always professional and is experienced with providing effective and practical advice to small businesses. The advice we have received from Hanh has always been with our long term goals in mind. We've had great advice on structuring our business and Hanh has put us in contact with potential investors.
Miriam S.
Oct 16, 2011
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After having the worst experience with another well-know tax agent (who will remain nameless) I ended up here. They didn't just sit there, ask me the same questions you'd find on a tax return form, fill it out on the computer then send me off on my merry way. I actually had a conversation with them about the ins-and-outs of my job. We worked out what I could tax deduct, depreciate and how else I could get the best tax return possible. They even allow you to submit all your info online if you can't make it in. God bless technology. Sure, Banks Group may cost a little more than a regular
