Hello 2023 – Is it Time for a Business Health Check?

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Company Director ID

Company Director ID Deadline Extended 14 Days

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​​Existing Directors of Australian Companies were required to apply for a Director Identification Number (Director ID) by November 30, 2022. The business registrar has extended the director ID application deadline…
Penalties By ASIC

Director ID & Penalties by ASIC

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Time is running out for directors of companies in Australia to apply for their director identification number (director ID), with the 30 November deadline drawing near. To avoid the last-minute…
Ruthless Pruning

To Prune or not to Prune?

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Some of you may be old enough to remember Kevin Heinze ruthlessly pruning roses with a hedge trimmer on his television show ‘Sow What’. It looked like he was using…
Starting A Business

Thinking of Starting Business?

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​With the rising cost of living, more and more Australians are looking to generate additional income with a second job or ‘side hustle.’  The most common side hustles in Australia would…
The Black Economy

ATO is Watching the Cash Economy

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​​The Australian Taxation Office (ATO) have revealed the industries they are watching carefully given the black economy is very active. The black economy or ‘shadow economy’ refers to activities that…
Buy A Business

Buying A Business & Due Diligence

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Would you buy a second-hand car for $25,000 without a detailed inspection by a qualified mechanic? Presumably not. Incredibly, many people invest tens or even hundreds of thousands of dollars…