I am pleased to announce that in October, we opened our 10th office and 1st in Malaysia.

A Purchase Money Security Interest (PMSI) is defined by the PPSA as occurring where ‘collateral secures its own purchase price’.

Once a liquidator is appointed to a debtor, they are allowed to ignore any security interests registered during the 6 months leading up to their appointment if they hadn’t been lodged within 20 business days of the security agreement being formed.

The PPSA has very strict rules when it comes to identifying grantors and, if your registration does not show up on a search conducted in accordance with those rules, your registration will almost certainly be deemed invalid.

I am pleased to announce that in October, we opened our 10th office and 1st in Malaysia.

The unexpected loss of a key person could seriously impact both short-term profits and long-term business survival. That’s why keyperson insurance is essential protection for the value you’ve worked so hard to build.

Who would have thought a year ago Australia would win The Ashes and our political scene would be seemingly stable! Unfortunately, this is not the case for our friends over in the UK.

We advised in February of the Government’s intention to increase the ATO tax debt reporting threshold from $10,000 to $100,000 if the debt owed to the ATO was overdue by 90 days or more and there were no on-going discussions regarding its payment.

A core part of our role at NCI is understanding the needs of our clients, negotiating cover which is right for them, negotiating claim payments and developing tools that helps fill any gaps.