As if tough economic times weren’t presenting building industry contractors with enough problems, hundreds of thousands of them are facing a massive $2.3b largely self-inflicted one that’s worsening daily. Read More
As pessimistic pundits talk about a possible recession and SA’s unemployment rate is the highest in the country, International Monetary Fund (IMF) optimism for the global economy throws a shaft of light on doom and gloom. Read More
There’s just one word that explains why Australian business owners are reluctant to invest in growth. That word is “caution”. Read More
Business owners considering postponement of initial registration of customers on the PPSR until the 15% drop in fee charges announced by the Federal Government and applying from 1 July 2015, should think again. Read More
The Part X regime provides a framework for debtors to deal formally with creditors by way of a proposal which satisfies creditors and clears debtors of debt if agreed to. Read More
Macks Advisory’s recent handling of a Barrister’s insolvency benefited both him and the people to whom he owed money. If the creditors had voted to bankrupt the Barrister he would have been unable to continue practicing law or to use money owed to him by clients to repay anything to his creditors. Read More
