Tag Archives: Australian Small Business and Family Enterprise

New legislation will combat illegal phoenixing

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell welcomes the new legislation to implement Director Identification Numbers (DIN) and modernise business registers. If passed, the legislation will require Australian company directors to have a unique identification number. Ms Carnell says the legislation will help combat illegal phoenixing, a …

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Ombudsman raises franchisee red flag

The Australian Small Business and Family Enterprise Ombudsman Kate Carnell is urging prospective franchisees to do their homework before investing after the ACCC found some franchisors are failing to provide adequate information to buyers. One-in-three franchisors fail to disclose useful information The regulator found one-in-three franchisors in the food services …

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