Author Archives: Anne Floyd

“Don’t be a frog” … how a distressed business can resemble a boiled frog.

We are all familiar with the boiled frog scenario…  a frog will jump straight out if thrown into a pot of boiling water, but if a frog is placed in a pot of cool water that is gradually heated, it will not notice the slow, gradual change. The result? It will literally be boiled alive […]

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How the right turnaround management specialist is a viable solution for struggling businesses.

Turnaround management is not often used for struggling small businesses.   When otherwise good businesses experience financial difficulty, they have limited options for help. Most would simply opt for voluntary administration or liquidation. There is a softer approach to addressing this business issue. It is turnaround management, which focuses primarily on the strategic, financial and operational […]

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The progression from tax stamps to single touch payroll.

Do you remember the tax stamp system that was around in the early and middle of the 20th Century?  It was not that long ago that things were very different, and employers were “affixing” various stamps to “tax check sheets”. Today, we are reporting to the ATO as it happens! Single Touch Payroll (STP) STP […]

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Luxtown Pty Ltd A.C.N. 002 114 105, 2nds World Appliances Pty Limited A.C.N. 007 198 165, Seconds World Trading Pty Limited ATF The Cremorne Property Trust A.C.N. 080 660 055 (All Administrators Appointed) (“the Companies”)

Mark Robinson, Riad Tayeh and Antony Resnick were appointed Joint and Several Administrators of the Companies by resolutions of the Companies’ directors on 15 April 2019. The companies being: Luxtown Pty Ltd ATF P.R. And K.M. Hammerman Family Trust; ATF 2nds World Caringbah Trust; ATF 2nds World Penrith Trust; ATF 2nds World Auburn Trust; ATF […]

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International Fashion Group Pty Ltd (In Liquidation)

We advise that on 26 March 2019, Antony Resnick and Riad Tayeh were appointed Joint and Several Liquidators of the Company. By proceeding to view information about the Company, you are declaring that you are an investor, creditor or professional advisor for this matter and that you agree not to communicate any information to any […]

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Don’t miss out on Government assistance ahead of the Federal Election.

Many small business owners are unaware of the many Government grants available to them and with a Federal election looming they need to act now. There’s a range of grants and support services that make it more affordable to invest in a business and achieve an excellent return on investment. Once the Federal election is […]

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A long overdue update to the RATA form used in insolvency.

After using more or less the same format for over 120 years, ASIC has finally replaced the RATA (Report As To Affairs) form with a ROCAP (Report On Company Activities And Property). As with anything new, it will take time to get used to the form, but we’re here to help! The RATA is one […]

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Fail-Safe Measures for Pharmacies.

A proposed change to the law will ensure that the essential services provided by Australian Pharmacies will be maintained, even if an individual business experiences financial problems. Pharmacists provide services that are a vital part of our health system. It is therefore important that any disruption to the public’s access to the supply of PBS […]

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International Fashion Group Pty Limited (Administrators Appointed) (“the Company”)

We advise that on 19 February 2019, Antony Resnick and Riad Tayeh were appointed Joint and Several Administrators of the Company. By proceeding to view information about the Company, you are declaring that you are an investor, creditor or professional advisor for this matter and that you agree not to communicate any information to any […]

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Welcome Mark Robinson to dVT Group

We are pleased to announce that Mark Robinson has joined the dVT Group.  Mark has over 25 years of experience in the areas of turnaround and insolvency, as well as strategy, operations and risk management.  He has also spent many years liaising with domestic and foreign professional associations, government regulators and law makers.    He […]

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