A new Federal Government initiative, effective from 1 July 2018, enables those selling their home to contribute up to $300,000 into super (and where this is a couple, up to $300,000 each). Although it is referred to as ‘downsizing contributions into super’, after the... Read More
When commencing a lease it is usual practice for commercial landlords to require tenants to provide a form of security, with the intention of ensuring performance of the tenant’s obligations under the lease. Predominantly this security will take the form of either a... Read More
In recent years, the government has reportedly written off $1.6 Billion in lost funds from the practice of ‘Phoenixing.’ Phoenixing is a practice where a new company is created to continue the business of a company that has been deliberately liquidated to avoid paying... Read More
It is important that everyone over the age of 18 years has a Will. Having a Will allows a person to set out how they would like their assets to be distributed after they die. If you die without a Will your assets will be divided according to a legal formula, which in... Read More
What is a Franchise? Think McDonald’s, Marriot Hotels or Anytime Fitness. A common business structure, a franchise is a relationship under which one party (the ‘franchisor’) provides the right to use its business name, and to sell or distribute its business’s goods or... Read More
