Now owed about $34bn by Australian businesses, an increasing number of which are zombie companies never likely to earn a profit let alone pay the tax they owe, the ATO is increasing its efforts to force them to pay up or close up. Read More
Macks Advisory’s recent research and hands-on experience shows that ignorance of the Personal Property Securities Register (PPSR) remains rife, and therefore particularly dangerous for business owners. Read More
Because General Electrical International Inc (GE) failed to register its security interest in two mobile turbines worth $60m, it lost ownership. Read More
When a company is no longer required as a result of a restructure, merger, asset sale, or when the business has ceased to operate, Directors and or their advisors of a solvent company may decide to wrap it up through a Members Voluntary Liquidation. Read More
When businesses fail in their first five years, and most do, owners have accelerated their way to disaster by making one or more of the following fundamental errors. Read More
Since the Gillard Labor government scrapped the ABCC four years ago, rising disruption to building sites and unlawful industrial action has cost the nation’s households almost $14bn by the end of last year. Read More
