In Part 1 of this series, we explored the concept of “divisible property” under the Bankruptcy Act 1966 (“the Act”) and a common misconception that
In Australia, there’s one class of assets that typically gets protection from creditors – and that is superannuation. This safeguard is part of a government
Navigating Financial Reporting & Compliance for Foreign-Controlled Companies! Overview of the Corporations Act 2001 The Corporations Act 2001 outlines the financial reporting and auditing requirements
In Australia, recent reports indicate that up to 40% of small to medium enterprises (SMEs) may be incorrectly valued, leading to significant financial implications. In
As individuals in Australia seek to secure their retirement savings, understanding the complex relationship between personal bankruptcy and Self-Managed Superannuation Funds (SMSFs) becomes crucial. This
For those struggling to pay off unsecured debts, becoming a Bankrupt can offer insolvent debtors a sense of relief from financial burdens. However, will becoming
Insolvency is often misunderstood, leading many business owners to see it as the ultimate failure. However, a 2022 report by ASIC found that over 35%
KEY DETAILS OF THE RELOCATION Effective 19 August 2024, our Head Office at Harris Park will be undergoing renovations. During this period, the Harris Park Team will be
This is Part 2 of a 2-part series, exploring the importance of safeguarding your client’s investments by registering loans to provide the necessary protection and
Bankruptcy is a legal process designed to serve a dual purpose. On the one hand, it provides relief to individuals who are unable to pay
