Financial Services

Confidence in cash flow sadly lacking

In the first part of our series on cash flow management, Mark Beyer introduces some strategies businesses can employ.

Lease options can shift risk

In the final part of our fleet management series, Mark Beyer seeks advice from some of the major players in the local market.

Business fleets a mixed bag

SEALANES, Western Power and Brightwater are three very different organisations with highly varied approaches to fleet management.

ATO sets new targets for 2003-04 program

THE Australian Taxation Office plans to conduct 70,000 compliance reviews this year to detect and deal with businesses operating in the black economy.

Call for risk disclosure

A PROPOSAL to exempt insurance agents from disclosing commissions on risk products has been roundly criticised by financial planners and the consumer lobby.

Fleet management takes off

In the first of a three-part series on fleet management, Mark Beyer looks at the changing profile of the industry.

Accounting bar to be raised

WESTERN Australian businesses have been urged to start planning now for the implementation of international accounting standards in 2005.

Managing risk in a ‘hard’ marketplace

This week Mark Beyer looks at the impact of the tighter insurance market.

Whole-of-business management vital

In this week’s article on risk management, Mark Beyer looks at business risks that may not be properly managed.

Valuations as junk science

THE methodology used by business brokers to value businesses was roundly criticised at an accounting forum in Perth early this week.

Dollar’s rise highlights risk

In the first of a three-part series on risk management, Mark Beyer looks at the management of currency and interest rate risks.

Insurance broker makes another local purchase

OAMPS Insurance Brokers will complete its fifth acquisition in Western Australia in three years when it absorbs local firm AD Irvine Insurance Brokers.

Weak market flattens IPOs

In the final instalment on equity raising, Mark Beyer looks at the impact of the weak stock market.

Convertible notes’ yield has fund raising appeal

CONVERTIBLE notes are gaining popularity as a fund raising option for Western Australian companies, with Skywest Airlines and Xanadu Wines among local companies joining the trend.

Floats on hold, again

A NUMBER of floats planned to hit the Australian Stock Ex-change later this month have been put on hold. Oilex NL was due to float on July 25.

Back door still leads to ASX

FOR companies wanting to list on the Australian Stock Exchange, the traditional path is via an initial public offering. An alternative route that is comparatively attractive in the current depressed market is a ‘backdoor’ listing.

Call for exchange rule overhaul

THE Australian Stock Exchange’s listing rules are hindering capital raisings by smaller companies, according to West Perth investment banker John Kenny.

Size counts in Perth market

THERE is only a handful of venture capital firms with a permanent on-the-ground presence in Perth.

Local success stories exemplify funds’ role

VENTURE capital has played a critical role in the growth of some of Western Australia’s best-known companies.

Debt collectors factor in new standard

THE Federal Privacy Commissioner has effectively set a new standard for the debt collection industry as a result of a settlement with Alliance Factoring.

New rules for trusts

THE Federal Government has announced long-awaited provisions relating to distributions from trusts to companies.