Duty on Option Fees in NSW
There has been a recent important change to the law regarding the imposition of state duties on property options in NSW, which will impact option agreements in real estate acquisitions. With effect from Friday 20 May 2022, the Duties Act 1997 has been amended to...
Privacy and Cyber Security at the Forefront of Corporate Responsibility
The decision in Australian Securities and Investments Commission (ASIC) v RI Advice Group Pty Ltd [2022] FAC 496 (handed down on 5 May 2022) highlights the potential need for the financial services sector (and on a wider scale, corporate Australia), to do more,...
Time To Sell?
You are a small business owner – some time in the next few years you want to sell, but have no immediate plans. But things can change quickly and without warning – health, family circumstances, or maybe someone comes to you and wants to buy your business. Is this the...
The link between registered IP rights & business growth
It’s impossible to start a New Year without some optimism about the potential for new opportunities and growth that it may bring to our own business and to that of our clients. Our New Year Resolution this year is to make our clients businesses more valuable and to...
Copyright – Control the destiny of your works
Copyright is the intellectual property right which protects 'works', including literary work, a dramatic work, a musical work, an artistic work or a cinematograph (s189 Copyright Act 1968 (Cth)). The purpose of copyright is to reward creators for their efforts by...
Have You Registered For Your Director ID Number?
All Australian company directors are required to apply for their Director Identification Number (DIN), using the Australian Business Registry Services (ABRS) website before 30 November 2022. The DIN is a unique 15-digit identifier that will stay with a director for...
Do you really want to be the last one standing?
Many of us, through personal or business circumstances, are required to take on positions of trust, where the law imposes obligations on us to other people – for instance as an executor of a will or a director of a company. There are other situations where we are...
Cessation of paper title deeds in NSW effective 11 October 2021
As some of you may already be aware the NSW Government has declared that from 11 October 2021 paper titles will be abolished (‘cessation day’). Pursuant to Section 33AAA of the Real Property Act 1900 from the cessation day all current title deeds will have no legal...
Buying New Builds and The Design & Building Practitioners Act (Part 2)
Over the past few months there has been a rise in the demand for off-the-plan properties. Recent research by Domain shows searches for off-the-plan properties have increased by substantial amounts, partially driven by various government concessions designed to entice...
Guaranteeing the Kids’ Future
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...
What You Need to Know About the Design and Building Practitioners Act
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...
Get Shorty
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...
CONTACT DETAILS
Level 8, 65 York Street, Sydney NSW 2000
+ 61 2 8215 1521
FREE INSIGHTS DIRECT TO YOUR INBOX.
Sign Up Here.