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New to the asset management game? Think of it like taking care of a garden. Just as a gardener decides what plants to grow where, asset management is about choosing and looking after different types of investments. The main goal of asset management is making sure these investments grow and become more valuable over time,…
Facing a statutory demand can be stressful and confusing, especially when your company’s survival is at stake. Statutory demands are sometimes referred to as the “nuclear option” due to their potential to lead to a company’s liquidation. Failing to respond to a statutory demand in a timely manner can have significant consequences, including liquidation. At…
Companies and Commonwealth entities are required to pay fees to the Australian Securities & Investment Commission (ASIC). These fees include those for company registration and annual review. It’s important you make your ASIC payments on time to avoid further expenses or complications.
As the new financial year begins, thousands of Australian businesses are reviewing their compliance and registration costs. What is the one line item that always draws attention? ASIC fees. Each year, the Australian Securities and Investments Commission (ASIC) updates its fee structure, indexing charges to the Consumer Price Index (CPI). ASIC fees are charges imposed…
What is industry funding? Industry funding was a key recommendation from the 2014 Murray Financial System Inquiry. Developed through a high level of engagement from various industry sectors and government consultation, the new industry funding legislation was passed on 15 June 2017, finalised on 27 June 2017, and took effect on 1 July of the…
Don’t get left in the dark when it comes to your knowledge about fees regarding commonly lodged documents. The primary aim of this blog is to quickly summarise ASIC fee changes as of July 2017. Let us help you stay informed. Here you can find information about changes to ASIC fees. For those who currently…