Why is risk-taking and entrepreneurship important to the Australian economy?


Risk is essential to the business environment. Entrepreneurship relies on creativity and imagination but with every new endeavour comes risk. The usual paradigm is that there is a direct relationship … Read More

The effect of the environmental movement on Insolvencies in Australia


There are three major contributors to Australian insolvency statistics

Obviously the overall health of the Australian Economy is important and this was clearly demonstrated in the Jones Partners Report on … Read More

Is Small Medium Enterprises — the heartland of the Australian economy?


It is clear that SMEs are the back bone of the Australian economy and at a recent function launching the Jones Partners Report into insolvency administrations in Australia Craig James, … Read More

How does the Asian economic boom affect Australian insolvencies?


There is no doubt that the global economy is going through enormous structural change as the weight of global economic activity increasingly shifts towards Asia. The above diagram demonstrates that … Read More

In Australia is the economy as robust as some economists would have us think?

Whilst interest rates in Australia are at historic lows and we remain in relatively good financial shape when compared to other Western Economies, what lies beneath needs to be understood.… Read More

Superannuation a useful way to protect personal assets of individuals

Asset ProtectionIt is true that superannuation funds are ordinarily protected property in the event that an individual becomes bankrupt.  There is however and exception to this general principle where a superannuation … Read More

Asset Protection for Directors and Business Owners


Antecedent transactions

Business owners are often anxious about what might happen to their private assets should their business runs into difficulties and ultimately fail.

Many individuals contemplate transferring private property … Read More

ATO – Insolvency and the Tax Man Jekyll & Hyde

The title of this paper is named after the character created by Robert Louis Stevenson commonly known today as “The strange case of Dr Jekyll and Mr Hyde”.  The Jekyll … Read More

Ponzi Scheme

Overview
In the 1920’s an Italian emigrant in the United States by the name of Charles Ponzi perpetrated a number of frauds against fellow Italians emigrants in the Boston area … Read More

Phoenix Fire Reignites

The Phoenix Fire Reignites

Over recent years there has been growing concern about the increasing level of the so calledPhoenixactivity in relation to the use of the corporate entity.  The … Read More