What are the Benefits of an SMSF?
There are approximately ONE MILLION Australians who are currently managing their own Self-Managed Super Fund (SMSF). This figure is increasing dramatically each year and there is a reason for it.
Why SMSF?
Australia: Directors duties – Insolvent trading: Five rules to deal with a company in financial difficulty
Many sectors of the Australian economy are experiencing tough economic conditions including retail, manufacturing, agriculture, automotive, mining, mining services and construction.
What is a director’s duty when he or she is faced with a company in financial difficulty and how should boards deal with such a situation?