THE REAL PRICE OF ADVICE

Over the past few years I have had a bit of an ‘on-again, off-again’ type of relationship with a particular Client (that’s at least the term we’ll use for now) who had once been able to build up quite a reasonable business.  Regrettably the business was ultimately severely dented by the GFC.  Certainly the GFC … Continued

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A REGRETTABLE NARROW FOCUS

There are very few, if any, businesses in Australia (or elsewhere I suspect) that can operate for any real length of time without obtaining any form of external advice.  The complexities of running a business in our regulatory environment are now such that anyone with a business of any real size will indeed fall foul … Continued

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‘Tis a puzzlement!

A little time ago I was appointed liquidator to a labour hire company, not one of the more recent style of phoenix operations, but one that was operating in the mining industry.  It was part of a group of companies that had essentially been convinced by the mines to acquire a lot of underground mining … Continued

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IT’S NOT IN SHAREHOLDERS INTERESTS

This week we saw the announcement that the potential sale of the Liddell Power Station by AGL would most likely not proceed because the sale “was not in shareholders’ interest”.  Surprise, surprise.  Fundamentally why would a business sell an asset that produces its income stream to a competitor that is going to use it to … Continued

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IT’S ABOUT TIME!

Joyous news that the Small Business and the Taxation Ombudsman’s Office are both to investigate the ATO’s practice of issuing Garnishee notices which can have the effect of clearing out a business’s bank account hours before the payroll is processed leaving workers with nothing, or alternately shutting down the cash inflow to a business because … Continued

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PLEASE, PLEASE, PLEASE BE CAREFUL!

I have just received an invitation to join a new website that will enable me to sign up and record information about my life and times, including my achievements as well as a “Bucket List”, relevant documentation, and some guidance to those that might read this tome, on how I might like my farewell from … Continued

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NOW I’VE SEEN IT ALL!

Well, we are now going to see the introduction of automatic Loan Dispensing Machines (LDM’s)!  As there is open discussion about the fact that the use of Automatic Teller Machines (ATM’s) are in decline and the younger generations find alternate means (commonly smart phone s and the like) to pay for things, then the old … Continued

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FAREWELL TO A GREAT LADY

I had the opportunity this week to acknowledge the passing of my Great Aunt Iris Condon on the 26th April 2018.  She was the source of much inspiration, guidance and knowledge about the whole of life, not just some aspect of it. Iris was born in Portland NSW on the 10th September 1913 and, at … Continued

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