Dura v Hue – Why Secured Creditors need to be viligiant when dealing with the PPSA

In the context of the Insolvency industry, holding security over debts is often viewed as an effective safety net against the ever-present threat of default. However, as the recent case law reveals, this assumption is coming under increasing threat, especially in the context of the recent PPSA (Personal Property Securities Act) law reform. In particular, … Continued

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Media economic reporting

The 24 hour news cycle has changed the way Australians consume their news information, websites and social media all provide an easy tool. This news cycle has placed enormous strain on journalists, in particular economic journalists. Take for example the large amount of profit announcement s of ASX listed organisations, on any given day; as … Continued

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ATO Crackdown on Non-compliant Behaviors in terms of Share Transactions

It is one of the prime responsibilities of The Commissioner of Taxation to ensure that Taxpayers meet their taxation and superannuation obligations. Failure to address non-compliant behaviors will potentially undermine the public’s confidence in the credibility and reliability of the taxation and superannuation systems, it will also raise concerns about the ATO’s capacity in administering … Continued

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AFSA December 2014 Quarter Statistics

The Australian Financial Security Authority (“AFSA”) recently released the Regional Personal Insolvency Statistics for the quarter ending December 2014 (“the quarter”). The statistics identifies the regions in each state with the highest number of debtors for the quarter. The quarter has seen NSW as the state with highest number personal insolvency activities totalling a number … Continued

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Welcome to “On the Beam”…

Hi there and welcome to the first issue of our new Newsletter “On the Beam” which as you will see from the Masthead above further develops our Lightship theme. One compliment that has gone back many years of which we are extremely proud was always about the content and readability of the old “Revive” and … Continued

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