Plain English trust deeds key for compliance, says lawyer

Greenfields Lawyers  senior counsel Caroline Harley said a lot of clients are purchasing documentation that may not suit their trust deed and part of the reason for that is the complexity of some of the trust deeds they have.Ms Harley said law firms should instead be...

Business conditions see drop in October, survey shows

The NAB business conditions index, an aggregation of trading conditions, profitability and employment fell in October to +6 index points down from +8, returning to May 2015 levels.NAB chief economist Alan Oster said the bank was becoming concerned about some of the...

Super reforms to see the rise of cashed-up companies

Argyle lawyers managing principal Peter Bobbin said higher income earners will be paying 30 per cent tax on their earnings in super.“If they satisfy the small business rules, on the other hand, once the corporate tax rate has fallen for small business, they’ll only be...

Accounting firms shifting to multi-disciplinary practices

Investment Trends research director Recep III Peker said Investment Trends has seen a noticeable trend in the number of accountants moving towards multi-disciplinary practices providing both accounting and financial services.“We certainly do see more accountants...