ASIC
ASIC and it's applications in business. Read StartupSmart articles on ASIC
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Insolvency figures up 5.9% as tough conditions take toll
Almost 10,000 companies entered external administration in the 2011 financial year, with SMEs among the hardest hit, with a Tax Office crackdown and t... Read More -
Start-ups’ sticky problem
Red tape has been a perennial bugbear of small businesses. Start-ups are often unprepared for the blizzard of regulations they have to deal with once ... Read More -
ASIC refuses credit licences for only four of 6,000 businesses
The Australian Securities and Investments Commission insists it is cracking down on shonky credit providers, despite refusing credit licences for only... Read More -
Manufacturing, tourism and retail worst hit by jump in collapses
Insolvency experts are urging retailers, manufacturers and tourism operators to downgrade growth targets in light of new insolvency figures revealing ... Read More -
THE NEWS WRAP: Groupon files for initial public offering
Groupon is hoping to raise around $US750 million by going public, with the group buying giant filing for an initial public offering overnight. Read More -
THE NEWS WRAP: Twitter finalises $US40 million purchase of Tweetdeck
Twitter is set to finalise its $US40 million purchase of UK-based start-up Tweetdeck, in a cash and shares deal. Read More -
Dodging the danger zone
Many people think start-ups are in most danger of collapse during their first year. However, data suggests that most get through the first 12 months. ... Read More -
CarLovers franchisees face administration – again
The CarLovers Carwash franchise has collapsed into liquidation and receivership for the second time since 2003, folding due to debts left over from it... Read More -
Wood Aged Holdings
Wood Aged Holdings was founded in 2009 by Kevin Murphy and his wife Regina. Despite being just two years old, the business already operates on an inte... Read More -
THE NEWS WRAP: Payout for investors hit by collapse of Trio
The largest compensation package in Australian history will be paid by the Federal Government to help investors who lost their money with superannuati... Read More -
THE NEWS WRAP: Australian dollar breaks through 104 US cents
Three quarters of Australian retailers are losing out on $50,000 in sales a year due to the GST-free threshold on overseas purchases, an industry body... Read More -
Shareholders’ agreements demystified
A number of people have been asking me in recent times about the merits of a shareholders’ agreement (SA). Read More -
Queensland small firms set for $500m assistance
A Gold Coast-based niche funds manager has established an investment vehicle to raise $500 million from APRA superannuation funds to assist Queensland... Read More -
ACCC's top tips for dodging telco scammers
The Australian Competition and Consumer Commission is urging caution after revelations that thousands of small business owners are being lured into a ... Read More -
I doubt that my turnover will initially be more than $75,000. Should I register for GST?
I’m starting up as a consultant and doubt that my turnover will initially be more than $75,000. However, should I register for GST, regardless? If so,... Read More -
THE NEWS WRAP: Julia Gillard promises cut in the company tax rate
The Australian Securities and Investments Commission has used its investigative powers into individuals and businesses 18,625 times over the past thre... Read More