by Collab Agency | 31 Mar 2023 | General
Setting out clear and relevant terms and conditions — and keeping them up to date — is crucial to protecting your business while minimising your personal risks as the director of your company. Let’s take a look at why terms and conditions are so important, and what...
by Collab Agency | 25 Aug 2021 | General
The concept of winding up a company when it is insolvent is well-documented and well understood by most companies and directors in Australia, however there are other routes that companies should be aware of where a liquidation may not be appropriate. Most notably, the...
by Collab Agency | 25 Aug 2021 | General
Earlier this year the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (‘the Act’) came into effect aimed at thwarting directors from engaging in illegal phoenixing activity through amendment of the Corporations Act 2001. Here is what you need to know...
by y0m3d1a | 3 Aug 2020 | General
The economic lifeline for the Australian Workforce – what does this mean for business owners? What does this mean for the long-term viability of the business and potential future of that business in a post-COVID-19 world? 2020 certainly has been an unbelievably...
by y0m3d1a | 15 Jul 2020 | General
With the 25 September 2020 end date for the Federal Government’s reprieve on director’s insolvent trading laws looming, and many Australian businesses now feeling the pressure of operating in the ‘new normal’, it is now more important than ever for Directors to...
by y0m3d1a | 15 Jul 2020 | General
Legislation which has recently been passed by the Federal Government and due to come into effect from early next year will require all Australian directors to register with ASIC and be issued with a Director Identification Number (DIN). Not only will this legislation...