Bankruptcy: How Does it Affect Your Position as a Director?

The Corporations Act mandates that a person is disqualified from managing corporations if they are undischarged bankrupt under Australian law, its external territories or another country. This is further elaborated in the Act that a person is disqualified from...

Labor’s proposed tax changes explained

Last year, Shadow Treasurer Chris Bowen announced Labor’s view on tax reform and Budget repair. The opposition Labor Party has proposed a number of significant changes to the current tax arrangements. 1. Negative gearing Negative gearing refers to a situation where...
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