Simple credit hardship arrangements secure further extension

Simple credit hardship arrangements secure further extension

ASIC has announced that it has issued Credit (Amendment) Instrument 2018/114 that extends the exemptions granted under transitional regulations, set out in ss 69A and 69B of the National Consumer Credit Protection (NCCP) Act Regulations 2010 that relieve credit...
Federal Court winds up WA-based firm

Federal Court winds up WA-based firm

WA-based company, Superfunded Pty Ltd and its sole director, Max David Goldenberg and sole shareholder, Mark Travis Goldenberg, had previously received a range of interim injunctions in the Perth Federal Court from ASIC. ASIC alleges that Superfunded encouraged...
Future Fund investment a win for small biz, says ASBFEO

Future Fund investment a win for small biz, says ASBFEO

Speaking at the Annual Private Equity and Venture Forum, Future Fund chief investment officer Dr Raphael Arndt said there are attractive investment opportunities in the SME sector that the organisation was looking at.“We have a mutual desire to see Australia’s PE and...
ATO releases fresh STP guidance as rollout looms

ATO releases fresh STP guidance as rollout looms

STP will roll out for employers with 20 or more employees on 1 July 2018, while employers with 19 or less employees will be required to follow suit on 1 July 2019.The ATO recently released two forms to help professionals and businesses better understand their...