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Brown Wright Stein Blog Blog

Articles: 1-3 of 3

Is Westpac signalling the beginning of the end for SMSF borrowings?

Australia - July 25 2018 Westpac (and its subsidiaries St George Bank, Bank of Melbourne and BankSA) announced that they will no longer offer new loans to SMSFs looking to…

Clipping Business’s Wings: Illegal Phoenixing Reform

Australia - July 6 2018 Phoenixing involves stripping and transferring the assets out of a company, leaing it to perish in a blaze to avoid paying its liabilities. A new…

PSA Compliance - Retention of Title Suppliers

Australia - May 25 2018 The PPSA has had a profound impact on the rights of suppliers that sell goods on a retention of title basis (ROT Supplier). Under the PPSA, a ROT…