On 5 December 2011 the ATO released draft taxation ruling TR 2011/D5 – Income Tax: School or College Building Fund, inviting comments from the public. The 2011 draft is now finalised with the release of Taxation Ruling TR 2013/2 Income tax: school or college...
A few weeks back, in the midst of the Tour Down Under, I indulged in a little nostalgia and wrote about one of the lessons that I learnt as a young cyclist, the lesson of Never Giving Up and how it applies today to business. Before the hype of the Tour Down Under...
On 1 March 2013, the National Credit Code (“Code”) amendments will come into force. One of the significant amendments is the changes that are being made to section 72 of the Code. This section relates to hardship applications that may be made by borrowers experiencing...
On 30 January 2012, a little over a year ago, the Personal Property Security Act 2009 (“the PPSA”) came into effect. On that day, the ‘Personal Property Securities Register’ (“the PPSR”) was switched on for the first time to become the national ‘one stop shop’ for...
On 28 May 2012, the Hastie Group was placed into administration. Before its demise, the Hastie Group was a large group of companies with national and international operations involved in significant projects, including the new Royal Adelaide Hospital. The Hastie...