You can never stand in the same river twice

I keep hearing “When will we be returning to normal after COVID-19”, or from those who acknowledge some things may be permanently changed, the “new normal”. But I balk at the notion that we can ever be in a “normal” state. Returning to normal is not possible, no matter how defined. The world constantly changes, […]

Directors – numbered for life

It’s on its way – a director ID (Director Identification Number). A unique identifier that a director will keep forever. The aim is to prevent the appointment of fictitious directors (Homer Simpson, Marilyn Monroe), and facilitate traceability of their profile and relationships with companies over time. Some detail: Expected to begin in the first half […]

Positive psychology (a quest for the good life)

Is this for you? Or is it just “fluffy science” or “happiology”? Positive psychology is the scientific study of human flourishing, and an applied approach to optimal functioning. Positive psychology studies what makes life most worth living. Its theory is more than an edict to “be positive” and is far more than self-help material based […]

Final chapter in Kleenmaid saga (ASIC’s final clean up)

Kleenmaid, a business founded by Andrew Young in 1980, was an Australian-owned domestic appliance importer and retailer, operating a chain of company and franchised stores across Australia. Its first product was an American-manufactured washing machine sold through appliance service agents. In 2008, rumours started to circulate about the financial stability of the company. Administrators were […]

Super Duper – Pardon & Remission

(Super Guarantee Amnesty) Nearly two years after it was first introduced into parliament, the Superannuation Guarantee Amnesty was finally passed by parliament on Monday. The legislation still requires Royal Assent. Normally, if you are late paying your staff’s super: The super payments are not a deductible expense, and You will be charged stiff penalty interest […]