Australian Tax Office (ATO) figures show that more than 80% of the money it’s owed by SA companies is related to insolvency, and five of SA’s top companies owe $72m of South Australians’ total tax debt of $1.23b. Read More
A building industry said to be “flattening” doesn’t expect handouts from State and Federal Governments but is looking for help to enable it to do the things it’s capable of doing to lift the economy. Read More
In the past, the ATO has been prepared to let debt run on average to $340,000 before taking aggressive recovery action. However, business owners with cash flow problems and unpaid tax obligations, have recently become only too well aware a hard line is now being taken much sooner than that. Read More
Changes to the Personal Property Securities Act 2009 (PPSA) come into effect on 1 October 2015. Read More
A brief update on the Construction Industry in NT. Read More
We learn at our mother’s knee that irrespective of the kind of eggs or basket, putting all our eggs in the one basket is seriously risky. Read More
