While education is already a big business in Australia, it is about to get bigger with the industry forecasted to grow to 1 billion students worldwide by 2025.

Base erosion and profit shifting (BEPS) are the OECD coined term for those tax avoidance strategies used by multinational corporations.

Although they were once somewhat exclusively for the wealthy, self-managed super funds (SMSFs) are growing in popularity as they become more accessible to Australians.