Ken Raiss
is a qualified accountant and partner in Chan & Naylor Australia, heading their Platinum Service. He is passionate about property investing and small business and brings a wealth of experience working with both small and large businesses to Chan and Naylor. www.chan-naylor.com.au
Articles by this Author
Protecting your assets against frivolous creditors is increasingly becoming a common concern. It has been quoted that Australia is closely following the trend of USA litigation numbers with NSW, Victoria and Queensland only just behind California where 1 in 3 people in the USA either sue someone or are being sued by someone.
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The Federal Government introduced legislation on 24th September 2007 to allow super funds to borrow under certain conditions. This procedure is commonly referred to as a Warrant but it can be called by any name. There are many places were the warrant documentation can be arranged but primarily they can be drawn up by the bank or your own lawyers. Any eligible asset can be purchased this way.
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