PPB Insights - Dealerships September 2010
After a challenging eighteen months toughing out the global financial crisis, the Australian automotive industry is starting to turn the corner. However, there are potential traps that can place dealerships at risk, which financiers need to monitor closely. This Insight explores the issue of maintaining effective cash flow which can underpin the overall health of an automotive retailer.
15/09/2010
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Statutory Recovery Newsletter September 2010
When a formal insolvency is imminent, an insolvent company or individual may remove assets from their ownership or enter into non-beneficial or uncommercial transactions in an attempt to preserve assets and limit payments to creditors.
14/09/2010
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PPB Insights - Hospitality September 2010
PPB Insights September 2010 - Hospitality Insights Poker Machine reforms As part of the recent election campaign, the Gillard Government negotiated a deal with MP Andrew Wilkie to introduce poker machine reforms to address problem gambling.
13/09/2010
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PPB Insights - Franchising August 2010
Retailers and franchisees are experiencing the financial consequences of reduced discretionary spending and increased interest rates. In addition, many franchise models prevent ‘belt tightening’ by restricting the franchisee’s ability to reduce input costs.
17/08/2010
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Professionals Connect Insights August 2010
New legislation dramatically increases the Australian Tax Office (ATO)’s powers and limits its exposure to debt by requiring certain tax payers to lodge security deposits. While the changes are driven by a desire to counteract Phoenix activity, there is no requirement to prove a history of improper behaviour, so the affects of the legislation are likely to be wide reaching, with implications for all tax payers.
12/08/2010
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Round the Block August 2010
Welcome to the first edition of Round the Block, PPB Advisory’s monthly market wrap. It’s designed to provide key clients with market analysis and commentary around some of the leading indicators from our knowledge of credit markets.
03/08/2010
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PPB Insights - Property and Construction
Receivers may be liable for CGT and therefore financiers should consider taking possession and/or selling via a mortgagee in possession. The ATO has recently revised its position on CGT. It now asserts that a Receiver and Manager appointed to a property owning entity is an agent of the entity and is therefore liable for CGT, irrespective of whether the mortgagee will ultimately incur a shortfall or not.
02/08/2010
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