by AntcliffeScott | Jul 30, 2021 | General, Guarantor Loans, Home Loans, Property Market
Rapidly rising house prices have seen the median price of homes across major cities hit record highs. In Sydney alone, the median price has increased 8.5% in the first quarter of the year, soaring to $1.3 million (the fastest quarterly gain in almost 30 years). This...
by AntcliffeScott | Jun 5, 2021 | Building Industry, Commercial Property & Land Use, Design and Building, General, NSW Government, Property Law
Regulation of the building industry in NSW has always been a topic of much dispute, however it has increasingly attracted attention since cases such as Opal Tower and Mascot Towers shone a spotlight on questionable building practices, mass defects and devastating...
by AntcliffeScott | Apr 5, 2021 | General, Investments, Regulation, Share Market, Short Selling
Not so many years ago, for most of us a “short” was the caffeine boost we sought after a hard night out – or perhaps a reference to a 1995 movie with John Travolta and Danny DeVito. However, thanks to more recent Hollywood productions, such as The Wolf of Wall of Wall...
by AntcliffeScott | Feb 6, 2021 | ASIC, Business, Directors, Directorship
The Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2020 was passed by Parliament in February 2020. This legislation introduces new offences and grants additional powers to ASIC and liquidators to help combat illegal phoenixing. The Australian Securities...
by AntcliffeScott | Feb 5, 2021 | Business, Company News, Finance, General, Insolvency, Liquidation
Australia’s largest corporate insolvency reform in 30 years came into effect in January 2021. These reforms aim to replace a rigid insolvency model with a more flexible regime for small businesses that will reduce complexity, time and costs. In our previous article,...