From Refugee to Resilient Leader: Skala Sourani’s Inspiring Journey in Insolvency
At O’Brien Palmer, we are proud to have team members who bring not only exceptional skills to their work but also deeply inspiring personal stories. We’d like to introduce you to Skala Sourani, a Senior Accountant whose incredible personal journey has shaped her approach to supporting clients through some of their most challenging times through […]
Why the PPSR Matters: Protect Your Business from Financial Disaster
If you’re a business owner providing goods on credit, lending money to your own company, or extending any kind of financial assistance, understanding the Personal Property Securities Register (PPSR) could save your business – and your peace of mind. https://youtu.be/OHD_edenvqQ?si=5YcnI0UC5akSi7Q1 What Is the PPSR? The PPSR is a registry where businesses and individuals can […]
Meet Nathan Jammal – A Down-to-Earth Director at OBP, Making a Real Difference in Insolvency
At O’Brien Palmer, we pride ourselves on being approachable and deeply committed to helping businesses find their way out of tough financial situations. Our director, Nathan Jammal, brings a unique combination of expertise and empathy to each client he works with. Nathan’s background isn’t the typical “suit and tie” story you might expect from someone […]
ATO Tax Repayment Arrangements – Understanding the Risks and Rewards
It might surprise you to hear that entering into a repayment arrangement with the Australian Tax Office (ATO) is not always the best decision for your business or for your personal liability as a Director. Your company’s relationship with the ATO is often a key factor in determining insolvency outcomes and there are many nuances—both […]
Director’s Personal Liability – How to Protect You
In the last financial year alone, over 11,000 companies in Australia entered external administration. Of these, 27% were in the building and construction sector, while 15% were in food and hospitality. With company insolvencies on the rise, now is the time to ensure you’re protected. As a director, what are your obligations to keep books […]
Meet the Team – Joseph Walker, Analyst
At O’Brien Palmer, we like to feature our team members to give you an understanding of how we operate, and who will be working alongside you to get the best result. This week, we’d like to introduce one of our younger and newer team members, Joseph Walker, who plays an integral role as an Analyst […]
The Small Business Restructuring Process – Update
In the financial year ending June 2024, there were 1,424 Small Business Restructuring (“SBR”) appointments, marking a steep rise from 474 the previous year. SBR appointments now represent 13% of all insolvency appointments. This is a clear indicator of the success and growing reliance on this process within Australia’s business landscape. https://youtu.be/McQ4knMBhP4?si=bEJ8OwfScTMYAhy2 The ATO […]
Meet the Team – Clement Teng
Today we are meeting a very valued team member from O’Brien Palmer. Clement Teng, has been a Director with OBP for the past twelve months, and brings twelve years of expertise to the insolvency and business advisory firm. DOWNLOAD THE AUSTRALIA MALAYSIA BUSINESS COUNCIL NEWSLETTER, FEATURING CLEMENT TENG AND THE […]
Voluntary LIquidation with John Debrincat of eCorner
Have you ever wondered what the process is like to wind up a business? And what are the stages that you must go through when you face liquidation? Just the mere mention of liquidation can send shudders up a Business Owner’s spine… But it doesn’t have to be the worst thing that ever happened. Sometimes […]
Supporting Small Business Owners with Business Advisory
It was a real pleasure for me to be able to attend the special Premier’s Lunch recently, put on by the Sutherland Shire Chamber of Commerce, with the guest of honour being the NSW State Premier, The Hon Chris Minns, MP. As advocates for growth and business turnaround, the OBP team decided to support the […]