www.abr.gov.au <--- you can check what names are already registered, apply for abn. tfn etc etc.
IMHO
Pro's of opening a company:
- Tax capped at 30%, falling to 28% in the future.
- Ability to retain profits
- Ability to create different classes of shares with different holders...
Unfortunately due to the ATO's (and dare i say labor gov??) wonderful new ruling the trust > bucket company set up is no longer worth it as in short will created a DIV7a issue if funds that are distributed to the company arent actually distrivuted to the company. This creates all types of...
So where is the logic in having three children if you know you can't support them without the help of others? Having children is your choice not the choice of others ....
Ditto!
Individuals in our society who believe simply because they are Australian it is their right to receive copious amounts of welfare. See - baby bonus, family tax benefit part A & B, pension payments (bar disability, veteran), sole parent payments and rebates, child care rebates etc etc...
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