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SAFE HARBOUR – ACT EARLY OR BE LOST AT SEA?

The Senate has just passed Safe Harbour Law Reform in relation to insolvent trading which will come into operation after the Bill receives Royal Assent. The intention of the new legislation is to “reduce the stigma of failure associated with insolvency” and to strike a better balance between the protection of creditors and encourage honest, […]

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ACCOUNTANTS NEW DUTY: POLICING YOUR CLIENTS

There are three separate developments covered in this blog which share a common theme of regulatory change requiring better transparency and honest dealings by businesses and their advisors. A recent Federal Circuit Court decision where an external accountant was found liable as an accessory for a client underpaying wages. Changes to APES 110 which modify the […]

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Insolvency 101

Nicholas Giasoumi was invited to be a guest on the Go Money program on Joy FM. The interview provides a great introduction to Bankruptcy and Liquidation. Covering everything from how they are initiated to the ramifications of getting it wrong. Have a listen by following the link HERE.

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THE PPSR IN OFFENSE

We have previously written about the Personal Property Securities Register (‘PPSR’) as a “defensive” mechanism to protect interests where, inter alia, assets are provided and/or credit is extended.  However, there are many complexities that can render a registration ineffective.  In a recent decision a PPSR registration of a security interest over the corporate trustee of a trust […]

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2017 ACCOUNTANTS SYMPOSIUM

The directors and staff of Dye & Co. Pty Ltd cordially invite you to the 2017 ACCOUNTANTS SYMPOSIUM   When: Thursday the 1st day of June 2017 Where: Royal South Yarra Lawn Tennis Club 310 Williams Road North, Toorak, 3142 Rsvp: Monday the 29th day of May 2017 Sue Taylor, sue@dyeco.com.au Cost: Complimentary Agenda 5:30pm Pre Symposium drinks […]

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