Day: February 5, 2019

    good faith defence

    Day: February 5, 2019

    Unfair preferences – creditor’s defence of not suspecting insolvency

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    Just because a liquidator asserts you have received an unfair preference, does not necessarily mean you have or that there are no potential defences available to you.

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    Day: February 5, 2019

    Major changes to reporting requirements for QBCC licensees now in place

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    Changes to QBCC financial (effective from 1st January 2019) mean that licence holders in Categories 1-3 (turnover between $600,001 – $30,000,000) will need to provide reports annually about their financial position prepared under the Australian Accounting Standards including: – a profit and loss statement; – a debtors and creditors report; and – a statement of…