A common question that arises in client dealings with the ATO, and one which has particular relevance in the increasingly proactive ATO recovery environment facing companies and their directors, is: "How does the ATO allocate money it receives?"Practice Statement "PS...

On Tuesday 30 July 2024 Regional Express Holdings Limited (Administrators Appointed) (ACN 099 547 270) and a number of its subsidiaries (ASX: REX) (the Rex Group) entered voluntary administration.Meanwhile, the operations of Pel-Air Aviation Pty Ltd (and associated entities) together...

On 27 October 2022, the Senate referred an inquiry into the Australian Securities and Investments Commission (ASIC) to the Senate Economics References Committee for inquiry and report by the last sitting day in June 2024[1].The report has now been released...

In a decision delivered last week, the Federal Court of Australia has rejected a bid by a major creditor for an inquiry into the conduct of the receivers and managers (Receivers) of Griffin Coal Mining Company Pty Ltd (Griffin).The relevant...