We're sailing well enough now, but beware storm clouds ahead
There are already signs that the “window of opportunity” for individuals and businesses referred to in last month’s newsletter, is closing. Read More
News
-
Thursday, November 15 2018 -
RADAR WARNING- Employers should note these decisions on casuals' leave
Thursday, October 04 2018 In what circumstances will Courts rule that a person is a casual or permanent employee? What is the Fair Work Commission’s (FWC’s) attitude to the calculation of sick leave entitlements for shift workers? Read More
-
A window of opportunity to escape your debt trap
Thursday, October 04 2018 The Reserve Bank of Australia (RBA) in August forecast the nation’s prosperity with rapid economic growth at least till the end of 2020. During the next two years it was expected unemployment would drop to 5%. Read More
-
Legislative vacuum on casuals' leave is $8bn back pay employers' headache
Thursday, October 04 2018 Australian Industry Group (AIG) estimates that a recent court decision allowing “regular casuals” to claim annual leave benefits could cost employers up to $8bn for back pay. Read More
-
Fear that anti-phoenixing legislation won't work
Thursday, October 04 2018 There is a growing fear among legal consultants to insolvency practitioners, that recently announced Federal Government reforms aimed at curbing phoenix activity, will be ineffective. (See Budget reforms set to combat illegal phoenixing with extension of DPN to GST, and Federal Government uses budget initiatives to further clip the wings of phoenix operators published on this website on June 18). Read More
-
Government moves to encourage the reporting of phoenix activity
Thursday, September 06 2018 A Federal Government hotline and website have been established to encourage people to report phoenix activity. Phoenixing - in which directors strip companies of assets, put them into liquidation to escape creditors, and operate their businesses very much as usual from other entities - is costing the Australian economy about $5 billion annually through unpaid wages, invoices and tax bills. Read More