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Knowledge

We think it is important to share our knowledge with our community. Our knowledge articles respond to contemporary law and current events.

The National Redress Scheme Explained

The National Redress Scheme (the Scheme) was created in response to recommendations by the Royal Commission into Institutional Responses to Child Sexual Abuse (Royal Commission)...

The Reality of Financial Agreements

Introduction Although the legislation relating to Financial Agreements seems clear-cut, Financial Agreements are often overturned or set aside by the Court for a variety of..

Financial Agreements in Family Law

Introduction On American television shows and in movies, the term ‘pre-nup’ is often thrown about. You may be interested to know that there is actually no such thing as a..

What you Need to Know About Directors Penalty Notices

We often find that directors are unaware of an important section of law: Division 269 to Schedule 1 of Taxation Administration Act 1953 (Cth). This places a positive obligation on..

How to Restructure your Business: Part Two

As already identified in a previous article titled, How to Restructure your Business: Part One, the broad insolvency process in Australia can be broken down into 2 stages:

ATO Commissioner's Address

On 14th March 2019, Commissioner Chris Jordan AO addressed the Tax Institute’s 34th National Convention and highlighted several key points for professionals to learn from. These..

How To Hire Overseas Employees

Australian businesses are increasingly engaging workers overseas attempting to overcome skill shortages or simply lowering labour costs. Opening offices overseas or establishing..

How to Restructure your Business: Part One

The insolvency process in Australia can be broken down into two stages. Restructuring: when there is a possibility that the company can turnaround or be salvaged Winding Up: when..

Should I be a Personal Guarantee?

Suppliers asking a Business Owner or Director for a personal guarantee is a well-trodden path.

When not to use Family Law

The duty of disclosure requires all those in family law to provide all information relevant to the family law proceedings. In family law financial cases this means that those..