Presented by Jones Partners It has been nearly 100 years since Australia experienced the Great Depression of the 1930’s. Australians have long forgotten the scale and duration of this Depression, which lasted for nearly three years and led to a […]
by Daniel Robert Soire Recent Changes You Need To Be Aware Of DPNs are issued by the ATO to directors of companies that have overdue tax debts relating to PAYG withholding, net GST and SGC obligations. The ATO must issue […]
By Michael Jones In recent months, we’ve seen a spate of building companies failing in one form or another. The list includes Pro Build, Pivotal Homes and Willoughby Homes to name just a few. How is it that in such […]
By Mark Marlow There is the adage “fail to plan is a plan to fail”. Of course, failure is not inevitable, but more likely invites the question; what am I missing in not having a plan I believe in? A […]
by Daniel Soire We have had a recent Voluntary Administration success story!! But first, what is a Voluntary Administration? A Voluntary Administration is designed to resolve a Company’s future. An independent Registered Liquidator (the Voluntary Administrator) takes full control of […]
by Mark Marlow Readers might recall my article about the Small Business Restructuring Plan (“SBRP”) posted on our website on 23 February 2021. In that article I emphasised the essential elements required for a successful restructure and how the SBRP […]
by Bruce Gleeson On 15th December 2020 Daniel Soire and myself were appointed Provisional Liquidators of Maliver Pty Ltd and Receivers to the property of Melissa Caddick by the Federal Court of Australia pursuant to an application by ASIC. The Caddick […]
by Mark Marlow There was a lot of publicity in the media recently that the Federal Government was introducing new insolvency law reforms effective from 1 January 2021. The reforms are designed to assist small business overcome the impact of […]
by Bruce Gleeson Readers may be aware that the Federal Government introduced measures which came into effect on 1 January 2021 to provide incorporated businesses (i.e., companies) with further options to deal with their financial position, particularly those that may […]
By Bruce Gleeson and Mark Marlow If you are ill or suffering pain, you are likely to go and see your doctor. The illness or pain will either not be too serious, and the doctor will prescribe a remedy, or […]
by Bruce Gleeson Over the twenty-five (25) years that I have been advising individuals who have been in some form of financial difficulty, I believe between 15-20% of those bankruptcies to which I have been appointed could have been avoided […]
By Daniel Soire Many individuals, in particular business owners, are now choosing to control the destiny of their superannuation through the use a Self Managed Superannuation Fund (“SMSF”). The Australian Taxation Office (“ATO”) statistics suggest that there are now more […]