The producers behind a low budget film designed to cheat the taxman out of £2.7m ($4.1m) have received jail sentences at Southwark Crown Court in the UK.   Screen Daily has spoken to director Paul Knight about the project. Evolved Pictures’ bosses Bashar Al-Issa and Aoife Madden have both received...

It’s no secret that the past twelve months have presented a challenging capital raising environment for the mining industry. Traditional debt and equity markets declined amidst a risk-averse investor sentiment and while new sources of capital emerged to fill the gaps, it remained a competitive time for mining companies...

An estimated $6 billion in annual inflow will equate to one sixth of the entire superfund industry net inflows last financial year, and one half of SMSF net inflows.  This represents a significant opportunity for Australian firms when considering the large number of industry participants now active in the nation’s superfund and SMSF sectors....

The 68th Australian International Movie Convention (AIMC) will give exhibition delegates a much better look than usual of the Christmas line-up because of its move from August to October 14-17. This is the message that organisers of the product-focused event are pushing out to Australian and also potential international...

Property investors can use limited recourse borrowing (LRBA) to fund off-the-plan investments using their self-managed super funds. Under this strategy, your SMSF receives a concessionally taxed rent, pays off the loan while you are still working, and transfers the property to you upon retirement. After your retirement, you can...

Less than two months after buying debt-laden cotton farm Cubbie Station, the farm’s new Chinese and Japanese owners are exploring interest in selling water back to the federal government, according to The Australian Financial Review. The $232 million deal sparked much debate about foreign investment in Australia’s agriculture sector, in...

An official delegation of Australian film producers, bureaucrats and film service company representatives are heading to China for the third round of formal meetings in four years. The Australia-China Film Industry Forum will be held to coincide with the Shanghai International Film Festival, which runs June 15 to 23...

Out of administration Cubbie Station is  set to bale 200,000 bales or 45,000 metric tonnes of  cotton in its first harvest under Chinese ownership .Considering 75% of Aust cotton goes to China so a win/win and no national interest issues and a clear example of Chinese Foreign Direct Investment...

Whether US studios, US independents or other global producers make their films in Australia one thing is certain, the bang for dollar into the Australian film industry (whilst sorely needed and considerable when taken in context ) is neglible when compared to the other value added spending which is...

Offshore Funds Update  The Hong Kong Government’s budget-time announcement that it will move to extend the current Offshore Funds profits tax exemption to include Private Equity Funds is an exciting “opening of the door” – which should draw many funds back to the SAR.The budget announcement also foreshadowed a fuller review...