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PKF Australia

Accountants and Business Advisers

Our Blogs

26 08 2019

ATO Reporting Unpaid Liabilities To Credit Reporting Bureaus

The intent of the measure allowing the ATO to disclose such information is to support more informed decision-making within the business community and banking and finance industry, by making overdue tax debts more visible.

26 08 2019

Have All Australians Become Frogs?

Fortunately, the alternative view of the future sees our country leveraging off our strong economic base, creating an economic and tax environment that stimulates.

26 08 2019

As Australian Interest Rates Hit New All-Time Lows, Where Do Investors Go For An Income?

It remains to be seen if the Reserve Bank of Australia's interest rate policy will be effective in delivering on this aim. What is certain, though, is that it is now becoming very difficult for conservative investors to earn a reasonable return on their cash and term deposits.

26 08 2019

Rising from the Ashes – A Fabled Tale Of The “Phoenix”

The phrases “Phoenixing”, “Phoenix Activity” and “Phoenixed” have become analogous terms in describing the deliberate winding up of a company in an attempt to avoid obligations to pay creditors whilst assets are generally shifted, free of liability, to a new entity that is established to operate the same or similar business as the one which was wound up.

26 08 2019

Is Publicly Listing Right For Your Business?

Even if listing is not the best strategic option, there are many other avenues for strategic growth and/or to realise value.

26 08 2019

Direct Property In An SMSF

Before investing in a large illiquid asset like real estate it is critical to consider your current and future SMSF cash flow needs.

26 08 2019

Why Are You In Business And Are You Seeing The Rewards?

Going into business is hard work. Most businesses start small but are wonderful for the economy. SMEs create innovative solutions to problems, care about service, pay their taxes and small business alone provides almost 4.8 million jobs for the community. Isn’t it fair that the rewards include more money and more free time for the owner?

26 08 2019

Employer Tax Update

You will no longer have to give your employees a payment summary for the information you've reported and finalised through Single Touch Payroll.

31 07 2019

Interrogating Integrity

Governance, culture and ethics have never been more relevant across Australian business. We have seen a growing lack of trust in institutions, in traditional structures and even in some cases in people’s success. Noting that the full title of the Hayne Royal Commission featured the word ‘misconduct’, ethical business practices and corporate governance really do matter for today’s Boards and management teams. These expectations mean that governance, risk and compliance efforts need to move beyond the traditional ‘tick the box’ approach.

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