May 2009 Automotive Accountants' Network Forum that included topics on 2009 Australian Federal Budget, ACCC (new) Pricing Legislation - use of fine print, Australian Government's Stimulus Package for business.

1. Automotive Accountants’ Network Forum For Accountants. By Accountants.

2. “ Is It or Isn’t it?” 19 May 2009 Presenter: Angelo Sirianni, Colledge’s FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

3. This presentation has been prepared by Colledge’s for the general information of its clients and seminar attendees. While the information herein has been prepared with all reasonable care and derived from sources believed to be accurate, no responsibility or liability is accepted by Colledge’s or any of its affiliations, for any errors or omissions including liability to any person of negligence or otherwise. Recommendations may not be appropriate in all circumstances and clients must consider their own personal objectives and financial advice before acting on recommendations in this presentation . Colledge’s (ABN 52 439 950 641) FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

4. Quotes of the day Sure there have been injuries and deaths in boxing, but none of them serious. - Alan Minter, Boxer A billion here, a billion there, sooner or later it adds up to real money. - Everett Dirksen, Congressman I have opinions of my own --strong opinions-- but I don't always agree with them. - George Bush, former U.S. President FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

13. Private Health Insurance rebates and surcharges (effective 1 July 2010) Federal Budget 2009 FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM Singles Couples Rebate Surcharge Tier 1 > $75,001 > $150,001 20% 1% Tier 2 > $90,001 > $180,001 10% 1.25% Tier 3 > $120,001 > $240,001 - 1.5%

31. Disclaimers Print Disclaimer’s font size, shape, colour must be clearly readable in advertisement TV/Internet/Cinema (electronic visual) Per print above, disclaimer must be clearly visible. It must also remain on screen long enough for customers to read Radio (electronic audio) Must be clearly stated/said so can be heard and understood by customer ACCC’s new pricing legislation FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

45. Stimulus Package – Business FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

47. Contract periods Stimulus Package – Business Contracts entered by* 30 June 2009 31 Dec 2009 Assets installed by 30 June 2009 30 June 2010 31 December 2010 30% in 2008-9 30% in 2009-10 10% in 2010-11 10% in 2009-10 10% in 2010-11 FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM

48. Stimulus Package – Business FOR ACCOUNTANTS, BY ACCOUNTANTS COLLEDGE’S AUTOMOTIVE ACCOUNTANTS NETWORK FORUM