Current economic conditions are challenging to say the least and uncertainty continues to stalk the US, Australian and global markets. Unfortunately, it appears the fallout from the sub-prime collapse and global credit crunch will continue for the short term at least. In this issue you will find a timeline of events that have shaped our investment market over the last 15 months. In times like these, it is critical to ensure that you and your business are positioned appropriately to weather the storm.

In this edition of The Bottom Line, we explore a variety of business issues, including how to improve business cash-flow and profitability, the risk of money laundering and terrorism financing, embarking upon a property transaction, SMSF borrowing strategies and the launch of the ATO’s Compliance Program.

Also we have a special feature on the Government’s focus on the current disclosure regime for charities and all other not-for-profit organisations, following the establishment of a Senate inquiry into the way in which the not-for-profit sector operates in Australia. Moore Stephens has worked with clients in this sector for many years and made a submission to the inquiry which outlines our view on the key issues. Our full submission can be found on the Moore Stephens website.

Ultimately our main focus is your business. If you require assistance or advice with any aspect of your business, our professionals from around the network would be pleased to assist you. Our contact details can be found on the back page of the magazine or at our website.