From www.salea.com.au: Businesses struggling with financial challenges should recognize the warning signs, conduct thorough financial health checks, and proactively manage debts to initiate recovery.
Seeking professional advice and leveraging formal restructuring tools like Small Business Restructuring or Voluntary Administration may provide critical support during difficult times.… read more
From www.unifiedlawyers.com.au: Family loan agreements formalize the terms of lending money to family members, outlining the loan amount, repayment schedule, interest rates, and responsibilities of both parties to minimize misunderstandings and protect relationships.… read more
From rcrlaw.com.au: Beneficiaries under a will in Queensland can take action to remove an executor if they lose confidence in the executor’s ability to perform their duties, which are outlined in the Succession Act 1981 (QLD).… read more
From sladen.com.au: In 2024, significant developments in the franchising sector included a Federal Court ruling holding franchisors liable for their franchisees’ non-payments of employee entitlements, emphasizing the importance of compliance with Fair Work laws.… read more
From michaelwest.com.au: Prime Minister Anthony Albanese announced a $626 million commitment to increase apprentice allowances in housing construction and clean energy, with eligible apprentices set to receive $10,000 in installments over their training.… read more
From www.themandarin.com.au: Stakeholders have one month to respond to a proposal from Treasury to merge the existing accounting and audit standard-setting bodies into a single organization, which will replace the Financial Reporting Council, the Australian Accounting Standards Board, and the Auditing and Assurance Standards Board.… read more
From www.aigroup.com.au: The Australian Government’s decision to recapitalize the Clean Energy Finance Corporation aims to facilitate broader investment in clean energy technologies.
This shows that consistent climate policies can lead to successful initiatives when there is cross-party support.… read more
From www.kiplinger.com: (US context) High-net-worth individuals (HNWIs) should create a comprehensive financial snapshot that includes key elements such as net worth, cash flow, investment portfolio, debt, tax strategies, insurance coverage, and estate planning.… read more
From www.accountantsdaily.com.au: The Tax Practitioners Board has clarified that tax practitioners are only required to report breaches that occur on or after 1 July 2024, easing concerns about reporting past breaches.… read more
From www.moneymag.com.au: Qantas has announced a significant change to its frequent flyer program, increasing the points required for upgrades and rewards, while allowing members to earn more points on domestic flights.… read more