Your decisions as a company director matter
When you make a business decision as a company director, you must, amongst other things, ensure that you:
make the decision in good faith and for a proper purpose.
do not have a material personal interest in the decision and make it in the best interests of the company.
find out and assess how any decision will affect your company’s business performance, especially if it involves a lot of the company’s money or could have a material impact on the company's reputation.
keep informed about your company’s financial position and performance, ensuring your company can pay its debts on time.
get trusted professional advice when you need assistance to make an informed decision.
make full and frank disclosure about any material personal interests you do have.
There are penalties and consequences – including civil penalties, compensation proceedings and criminal charges – for directors who fail to comply with their obligations under Australian law.
What will we do together with you?
• Make decisions. Take action. Add value.
Your value is the sum of the decisions you make and the actions you take