If you’re a director of an Australian company—or you plan to be—please read on. All existing directors (and intending directors) of Australian companies should be aware that the Australian Government has announced the introduction of a new mandatory Director Identification Number (DIN) system. (You’ll notice the term director ID is also used for DIN.) This system is the initial step in the Modernising Business Registry (MBR) Program which has been…  Read more

If you are a business owner, there are plenty of things you need to manage, and two of the most important of these are assets and risks. In other words, building your wealth and protecting your wealth. There’s no point building a lot of wealth if the way you have things structured behind the scenes means that someone could take your assets away from you. Unfortunately, many business owners are…  Read more

JobKeeper ends soon: what to do if you’re worried about your business If your business is struggling with cashflow or other issues at the moment, it’s time to have a chat. Now is a good time to take stock and think about your business more broadly. It’s likely that any underlying issues have been compounded by the COVID-19 crisis, magnifying and accelerating the impact of these issues. If you are…  Read more