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Ken Richards Articles

Guest post by: Ken Richards

ATO tax break could cost companies dearly - Click To Read Article
Companies considering taking up the ATO’s offer to defer tax payments due on their next business activity statement or any other statutory obligations, interest-free, should think very carefully given the adverse financial consequences of doing so, according to Interlease director Gary Wilkie.

SMEs grapple with restricted funding access - Click To Read Article
Many small-to-medium enterprises currently seeking funding are being stonewalled by lenders, with more and more asset classes being categorised as “non-preferred” and lenders also imposing overly stringent approval conditions.

Making Sense of Interest Rates - Click To Read Article
Business borrowers are watching closely as official interest rates rise across the board. So what does this mean for your business and why do rates vary between commercial rates, home loan rates and equipment finance rates?

Business credit remains tough in difficult times - Click To Read Article
There’s been a lot of talk about the impact of the global financial crisis on interest rates and access to finance. Whilst the banks maintain that they are providing finance, and certainly that appears to be the case with residential mortgages, the availability of finance to business remains an issue. It is finally receiving a greater level of attention in the mainstream press, with The Australian and Australian Finance Review both publishing articles on 27 March.

Australian businesses look for efficiency gains by investing in automation technologies - Click To Read Article
Australian manufacturers are still investing heavily in 2010 despite the end of the Federal Government’s special investment allowance in 2009, with the focus now on automation to make themselves more efficient and profitable.

ATO tax break hides a financial sting - Click To Read Article
Thousands of companies that have applied to the Australian Tax Office to defer their tax and interest payment obligations are now likely to have difficulty obtaining finance because of their decision.

Businesses battle for funding as allowance deadline looms - Click To Read Article
Many small businesses are battling to secure bank funding with only weeks remaining before the Federal Government’s December 31 investment allowance deadline that allows them to claim an additional 50 per cent tax deduction on eligible depreciating assets.

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About the Author: Ken Richards
RSS for Ken's articles - Visit Ken's website

Ken is a director of Interlease and holds a Bachelor of Business (Accounting), with sub majors in Law and Economics. Ken has over 10 years experience in major public companies, with hands-on experience in finance, treasury, production and logistics, prior to joining Interlease in 1999. As well as servicing the day to day financing requirements for his clients, Ken specialises in structuring trade finance, escrow and foreign currency transactions.

Click here to visit Ken's website
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More from Ken Richards
Businesses battle for funding as allowance deadline looms
Business credit remains tough in difficult times
ATO tax break hides a financial sting
ATO tax break could cost companies dearly
Making Sense of Interest Rates


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