BLB News

INVESTMENTS TIPS FOR 2008

27/11/2008

With the turmoil in the stock market today and the acquisition of Merrill Lynch by Bank of America ,it is important to keep up with all the possible business mergers.

FITNESS FOR PURPOSE - SALE OF GOODS ACT

30/10/2008

James, who owns a factory manufacturing mechanical engines, was careful enough to make sure that the machine he placed an order for $250,000 was exactly what he had in mind. So what happened when the supplied machine wouldn't do the job?

DO YOU NEED AN SMSF WILL?

30/10/2008

A draft Self Managed Superannuation Funds Determination SMSFD 2008/D1 from the ATO confirms that members of SMSFs can make their death benefit nominations much more extensive, to the point where they are almost a separate Will.

HEADS OF AGREEMENT

30/10/2008

Many of our clients come to us with Heads of Agreement or letters of intent asking us to prepare a formal contract. Many times the critical question is: are the Heads of Agreement already binding on the parties?

PERSONAL GUARANTEES & SUPER GEARING

30/10/2008

If your SMSF is borrowing to buy an asset, what should you look out for if the lender wants you to give a personal guarantee?