On 31 July 2017 Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to  ASIC’s concise statement. What does MGE deny saying? MGE  denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings had been correctly listed […]

Is your licence low on points and are you at risk of losing your licence… Here’s what to look out for. #### Penalties for using mobile phones illegally ### Using a mobile phone in your hands is illegal if you are driving—this includes when you are stopped at traffic lights and includes making and receiving […]

Working in a trustee company in the past, I saw what happens when estate planning is poorly thought through, executed or simply that there has been no communication between the parties. Too many families are torn apart by poor estate planning, but with a comprehensive estate planning approach, many problems can be dealt with well […]

Here’s an example of why you may need help to understand your business’ privacy obligations… On the way home last night I saw a box of torn manila folders strewn across Annerley Road, and immediately my thoughts were to what information is contained within these files. Curiosity got the better of me, so I started […]

A Self Managed Super Fund can be one of the biggest financial decisions that a family may make, over time it has the prospect of becoming a larger asset than the family home, and investment property or a business asset. Planning and designing a SMSF can be one of the most rushed over steps, however, […]

The mantra of accountants, solicitors and financial planners is to ensure that clients keep their bad debts under control, but for many firms its a case of not practicing what they preach. We recently assisted a large financial services firm get back on top of their debtors, in some cases the files were over three […]

Debt collection and chasing your debtors can be a funny process, often times a letter from a third party, being a law firm, can be enough to get a debtor to follow up or return a phone call. Chasing up debts can be the most stressful element of running a small business, for many small […]

The Christmas and New year period can be one of the toughest for small businesses and in most cases many businesses don’t re-open the doors after the Holidays. One of the main reasons for this is that businesses struggle with collection of aged and bad debts. The period up to Christmas can be some of […]

The PPSA or Personal Property Securities Act Register is a replacement for the ROMALPA clause inserted into agreements and protects the interest of a creditor where a debtor goes into insolvency or is unable to pay its debts, for many businesses, this means that you have some chance of recovery for unpaid goods. Have you […]

A drink driving offence or failure to provide a sample when requested can result in a loss of licence, there are limited grounds that you can apply for a work licence, this will allow you to keep driving for work, but limits what you can do otherwise in terms of driving at other times. The rules to […]