From 1 July, the min. amount a creditor must be owed by a debtor company before they can issue a creditor’s statutory demand will increase to $4,000
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In the wake of the Banking Royal Commission, the Franchising Inquiry and the CBA Prudential Inquiry, the regulators have been given their orders and with them, the powers to investigate anyone of interest from businesses, big or small.
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While businesses are starting to pay attention to the PPSA, many are not getting their compliance systems and processes right and are paying a (very expensive) price for getting it wrong.
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The second half of 2019 is set to be a challenging time for Australian businesses. Does the Coalition win at the 2019 Federal election guarantee business safety for the foreseeable future?
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This article explores the rights of beneficiaries and trustees during allegations of misconduct relating to a trust deed.
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