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  • Profile photo of MasterRELMasterREL
    Member
    @masterrel
    Join Date: 2003
    Post Count: 52

    I watched one of those today tonight current affairs programs and saw a story on a worker who fell of bodgie scaffold. Apparently when he tried to sue, the builder simply shut down his company (one of 25).It was known as a phoenix company. Nothing happened to him as far as work cover was concerned and he owned nothing personally. Would a trust in his wife’s name give him more protection ??.I know there’s a lot of builders who have their assets protected and act in a manner that I thought would mean that they would be liable. I thought if one company went down to bankruptcy you could no longer be a director of another. Or did he shut it down before he was sued thus keeping his other companies??

    Profile photo of MasterRELMasterREL
    Member
    @masterrel
    Join Date: 2003
    Post Count: 52

    Try to think back if you can, when Johnny Dubya Howard was still in nappies under Fraser – Inflation at 15%, unemployment 12%, negative economic growth ie. recession when Labor came to power in 1983. 13 years later, Johnny Dubya inherits an economy that was already growing for 4 years !!!
    Johnnys been running the country for years without these problems popping up again.And I don’t remember business ever being good under Labor.In fact the early 90s almost ruined my family.At the time I was a very staunch Labor supporter as well.But times change.
    At this time I care about results.Not if they have been caught in a lie.Lets face it both sides dribble their fair share.For some reason I can not stand Latham.But the last time that happened was with John Howard and things worked out alright.So maybe I should consider a fresh face

    Profile photo of MasterRELMasterREL
    Member
    @masterrel
    Join Date: 2003
    Post Count: 52

    Thank you all for the help.Without these forums God knows how slow my progress would be.

    Profile photo of MasterRELMasterREL
    Member
    @masterrel
    Join Date: 2003
    Post Count: 52

    Empty on purchase, but all commercial properties in this area are snapped up fast.The agent is on grill tomorrow when I inspect.I’m a metal roofer by trade, and since the majority of the building is made of colorbond fixing or replacing is only time cost. I just need a rough idea of my position

    Profile photo of MasterRELMasterREL
    Member
    @masterrel
    Join Date: 2003
    Post Count: 52

    Does anyone have his course and would they recommend it.Damn all this marketing I want to buy everything.

Viewing 5 posts - 41 through 45 (of 45 total)