Phang Legal is a progressive and dynamic law firm offering a different attitude to the practice of law and a different approach to the delivery of legal services. We continue to honour the traditions and standards of the legal profession, while staying current and relevant to changing client requirements and expectations.
You will choose Phang Legal because you need results, you want service and, you dream of peace of mind. The cornerstones of our practice are client services and satisfaction, and if you understand and appreciate the level of attention and dedication to achieve those goals, you will look no further than Phang Legal.
ATO eyes self-managed super - The tax office has its sights on struggling businesses running their own super. [SMH - Small Business]
Charity calls for affordable Hunter housing - The Samaritans are calling on the Federal Government to introduce incentives for developers to build more affordable housing in the Hunter. [www.abc.net.au - housing]
Call for incentives as auctions collapse - THE property market continued to struggle over the weekend, with auction clearance rates now below 50pc in Sydney and Brisbane. [www.news.com.au - Money - Property]
Compulsory purchase backdown - AMID rising opposition to the State Government's proposed planning reforms, the Planning Minister, Frank Sartor, is expected to drop a controversial plan to allow state and local governments compulsorily to acquire private land to sell to developers. [SMH - National News]
Banks face scrutiny over penalties - BANKS charging excessive penalties for customers' minor transgressions could be forced to comply with a new fairness test being considered by the Federal Government. [SMH - National News]
Deaths a risky business - Recent deaths of well known business identities underline the importance of death cover, but many still don't consider it a major risk. [SMH - Small Business]
Aside from insurance cover, you should also consider the risks of death in a business as part of your risk management and succession planning.
As a business owner, your business is your personal asset. You invest yourself in your business and so it is natural for you to want to protect, control, or at least have a say in your business after your death. This is possible by including your business in your Will.
Names roll in $100m tax scheme case - TWO women have been named as accessories to an alleged $100 million offshore tax avoidance scheme set up by a former accountant, Robert Francis Agius. [SMH - National News]
Homes at risk under NSW planning laws - Proposed planning laws in NSW will give the Iemma government power to compulsorily acquire private land to resell to developers, experts say. [Real Estate Magazine - News]
Housing company on affordable rentals mission - A Sunshine Coast not-for-profit housing company says it needs to find an estimated 5,000 dwellings for affordable rentals in the region. [www.abc.net.au - housing]
1 in 5 stressed borrowers losing home - ABOUT 20 per cent of people who go "into the slippery slide" of mortgage borrowing never get out. [www.news.com.au - Money - Property]
Continuing interest rate rises increase the effect of mortgage stress. Although 'stress' is relative to the way in which a person handles a situation, people faced with mortgage stress are well-advised to be proactive about addressing their financial problems rather than leaving it until it is too late.