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...
New Reforms Passed to Prevent Illegal Phoenixing
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...
The New Insolvency Reforms Part 2: A Q&A with Insolvency Expert Bradd Morelli
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,...
The New Insolvency Reforms Part 1: A Q&A with Insolvency Expert Bradd Morelli
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. These reforms are designed...
Who doesn’t love a good movie plot!
With COVID-19 restrictions easing and summer holidays upon us, we can expect to see some long-awaited movie premiers. From the Wonder Woman sequel, to James Bond ‘No Time to Die’ DreamWorks’ through to The Croods, the blockbuster movies are back. There’s no doubt that...
Battle of Wills
Whilst most Australians are aware that they should have a Will, and update it with any significant life events, such as new children, many are unaware that a marriage revokes any Will made by either spouse prior to entering the marraige. For your first-time married...
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