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What businesses need to know about Statutory Demands

by Quinns_News | Feb 27, 2013 | Accounting News

A statutory demand is a written demand made against a debtor company to pay its debt to the issuing creditor. Section 459E of the Corporations Act 2001 provides that a creditor may serve a company with a statutory demand for a debt (or debts) due and payable (the...

Are you aware of your entitlements under the Fair Work Act?

by Quinns_News | Feb 20, 2013 | Legal News

Under the Fair Work Act, the National Employment Standards (NES) sets out 10 minimum conditions of employment for workers. It has brought significant change to the Australian employment landscape. The 10 matters covered by the NES are: Maximum weekly hours of work An...

Is Voluntary Administration a viable option for your business?

by Quinns_News | Feb 20, 2013 | Accounting News

In today’s tough economic climate, a troubled business may call upon an independent expert for financial help in an attempt to remain operational. This process is known as Voluntary Administration. What happens when a business is in voluntary administration? During...

Are you aware that you can appoint someone to make decisions on your behalf?

by Quinns_News | Feb 13, 2013 | Consumer News

Although a power of attorney or guardianship is a difficult topic to discuss, it is an essential conversation you must have. A power of attorney is a document whereby one person (called ‘the principal’) authorises another (called ‘the attorney’) to act on his or her...

Penalties increased by 54.5% from 28 December 2012

by Quinns_News | Feb 13, 2013 | Accounting News

On 28 November 2012, the Crimes Legislation Amendment (Serious Drugs, Identity Crime and Other Measures) 2012 received royal assent. This Act increases the value of a penalty unit from $110 to $170 and requires the value of a penalty unit to be reviewed every three...
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