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DO I HAVE TO REPAY MY CENTRELINK DEBT IF I DECLARE MYSELF BANKRUPT

DO I HAVE TO REPAY MY CENTRELINK DEBT IF I DECLARE MYSELF BANKRUPT

Fact Sheet

by Shaw Gidley23.07.19

If you have a Centrelink debt before you become bankrupt, you do not have to repay the debt during your period of bankruptcy, which is usually 3 years.
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IS MY SUPERANNUATION SAFE IF I GO BANKRUPT?

by Shaw Gidley23.07.19

One of the most commonly asked questions for individuals considering bankruptcy, is how it will impact their superannuation.
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NSW SUPREME COURT DELIVERS COMMON SENSE ON LIQUIDATOR INDEPENDENCE

blog article

NSW SUPREME COURT DELIVERS COMMON SENSE ON LIQUIDATOR INDEPENDENCE

by Paul Gidley30.06.19

Liquidators and their clients have been offered some common-sense around professional relationships and liquidator independence, lowering a previously ‘too-high’ bar.
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FLOGGING A DEAD HORSE?

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FLOGGING A DEAD HORSE?

by Paul Gidley31.05.19

The Australian Small Business and Family Enterprise Ombudsman (ASBFEO) has completed its review of Australian Taxation Office (ATO) debt recovery action.
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INNOVATION CHAMPIONS – TURNING FAILURE INTO SUCCESS

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INNOVATION CHAMPIONS – TURNING FAILURE INTO SUCCESS

by Luka Pilipovic15.05.19

Innovators take charge and turn words into action. They are champions that “take on” an idea and take responsibility for its execution.
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MITIGATING POSSIBLE IMPACTS OF THE ARRIUM VOLUNTARY ADMINISTRATION ON HUNTER BUSINESSES

blog article

MITIGATING POSSIBLE IMPACTS OF THE ARRIUM VOLUNTARY ADMINISTRATION ON HUNTER BUSINESSES

by Paul Gidley29.04.19

The recent slump in iron ore prices and global steel markets has led to the demise of one of Australia’s largest steel works manufacturers, Arrium
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SHORTENED SGC LIABILITY ‘LOCK DOWN’ COMMENCED BUT DIRECTOR IDENTIFICATION NUMBERS ON BACKBURNER.

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SHORTENED SGC LIABILITY ‘LOCK DOWN’ COMMENCED BUT DIRECTOR IDENTIFICATION NUMBERS ON BACKBURNER.

by Paul Gidley29.04.19

April has brought a shorter reporting period for Superannuation Guarantee Charges (SGC) before director penalties become ‘locked down’, and Director Identification Numbers are on the backburner again.
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SMALL BUSINESS INSOLVENCY IN WORLD BANK SPOTLIGHT

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SMALL BUSINESS INSOLVENCY IN WORLD BANK SPOTLIGHT

by Paul Gidley28.03.19

With Shaw Gidley’s special focus on small business insolvency, the latest World Bank Group report released in September 2018 has caught our eye.
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ANOTHER LEGISLATIVE SALVO AIMED AT ILLEGAL PHOENIXERS GOES BEFORE PARLIAMENT.

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ANOTHER LEGISLATIVE SALVO AIMED AT ILLEGAL PHOENIXERS GOES BEFORE PARLIAMENT.

by Paul Gidley28.02.19

ew laws combatting illegal phoenix activities have been coming through thick and fast over the last 8 months. The most recent, introduced to parliament on February 13.
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7 DEADLY SINS OF SMALL BUSINESS

blog article

7 DEADLY SINS OF SMALL BUSINESS

by Paul Gidley26.02.19

Small business is a tough gig whichever way you cut the corporate cake. That’s why it’s important to get some of the business basics right, just to stay in the game.
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ARE AUSTRALIANS MANAGING THEIR PERSONAL DEBT BETTER? BANKRUPTCIES ARE AT THEIR LOWEST LEVEL IN 23 YEARS!

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ARE AUSTRALIANS MANAGING THEIR PERSONAL DEBT BETTER? BANKRUPTCIES ARE AT THEIR LOWEST LEVEL IN 23 YEARS!

by Paul Gidley31.01.19

Are Australians managing their personal debt better? Bankruptcies are at their lowest level in 23 years! The Australian Financial Security Authority (AFSA) has now released their December 2018 quartr
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DE FACTO DIRECTORS AND INSOLVENT TRADING – A DANGEROUS COMBINATION FOR SOLE DIRECTOR’S SPOUSE

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DE FACTO DIRECTORS AND INSOLVENT TRADING – A DANGEROUS COMBINATION FOR SOLE DIRECTOR’S SPOUSE

by Paul Gidley30.11.18

The sole-director applying their skills onsite while their spouse or partner ‘manages the books’ is a common Australian small business structure.
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AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY OPEN FOR BUSINESS FROM NOVEMBER 1ST

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AUSTRALIAN FINANCIAL COMPLAINTS AUTHORITY OPEN FOR BUSINESS FROM NOVEMBER 1ST

by Paul Gidley23.10.18

Any new complaints by consumers or small businesses (100 employees or fewer) against financial firms will be handled by a single point of contact, the Australian Financial Complaints Authority (AFCA),
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