Blog

Did you know Australian companies can use a currency other than Australian dollars for their share capital? However, ASIC’s Companies Register does not allow for currency selection when lodging this information with ASIC. This means anyone reviewing a company’s share capital on public record can easily be misled. They may assume that the amounts shown on the register are in Australian dollars when in fact they could be in any currency.

Modernising Business Registers (MBR) Program scrapped following cost and timeline blowout

Directors who have resigned or ceased to have directorships prior to 1 December 2022 will no longer be required to obtain a director ID

3 months after the introduction of Director ID Numbers, what have we learned?

Improving the Accountability of Resigning Directors -new provisions aimed at combating illegal phoenix activities - commencing February 2021