Hidden Risks Of Margin Loans

The Australian Securities and Investment Commission has issued a ``consumer alert" about the risks associated with margin lending, warning investors that it could lead to financial ruin. ASIC said yesterday that it was particularly worried about the surge in the product's popularity among re

Unstructured Loans May Carry Tax Burden

Small-business owners who do not properly structure loans they take from their business accounts could end up paying 79 per cent tax, according to a tax expert. Clive Bird, a tax partner with William Buck Chartered Accountants, said the Australian Taxation Office was targeting company proprietors