This is an example of how funds can be moved from China, despite controls set up by Beijing to prevent capital flight.

Following a 2005 PricewaterhouseCoopers study conducted for the Australian Local Government Association, a backlog of $14.5 billion in infrastructure renewals was identified.

Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.

Business owners should invest some time before Christmas in budgeting and forecasting major cash inflows and outflows.

In this current economic climate, small business operators who see no future ahead, may still have options to consider.

AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.

To those directors not actively engaged in the management of or with an eye on the financial affairs of their company - beware. The recent quantum decision of the High Court in Mason v Lewis [2008] NZHC 1535, following the earlier decision of the Court of Appeal on liability, provides a strong warning for sleeping directors.

The QBCC Policy requires all licensees to prepare and maintain 'internal management accounts' on a quarterly basis.

If an OC fails to comply with requirements, each executive member of the OC at the time of the failure commits an offence.

Business growth expert Mark Calleja joins The Cut to discuss why many SME owners remain trapped at the seven-figure plateau despite working harder than ever. Drawing from practical experience, he reveals the operational blind spots, cashflow mistakes, and mindset barriers that prevent businesses from scaling beyond their current limitations.

The Australian Taxation Office (ATO) has released a ruling (TR 2006/12) which explains its view of the operation of the construction withholding tax provisions.

Sovereign debt continues to be a major issue globally while Australian GDP has declined.

On 23 February 2016, the Federal Parliament passed into law the Crimes Legislation Amendment (Proceeds of Crime and Other Measures) Bill 2016.

WorkChoices (the amendments to the federal workplace relations legislation) commenced this Monday, 27 March 2006.

Recently the Federal Court held that the liquidator of PM Developments Pty Ltd (PMD) was not liable for the GST payable on the sale of property pursuant to a contract made after the liquidator's appointment.

Recently, there have been a number of changes to Australia's financial reporting landscape that have received a large amount of publicity from advisory firms.

Now more than ever, private organisations relying on public funds, including tax exempted charities, are facing growing cost pressures from emerging regulations and greater corporate governance requirements. This means they must now have a greater focus on their prudential, risk management and compliance obligations.