As of 1 January 2019, the Australian Accounting Standards Board (AASB) will introduce a new leasing standard requiring Australian businesses to bring operating leases onto their balance sheets.
A parliamentary inquiry into franchising and the effectiveness of the Franchising Code is underway, with hearings being conducted with a view to getting a report to the Parliamentary Joint Committee on Corporations and Financial Services by 30 September 2018.
Between the 1950s and 1960s, Coleman & Greig joined with three Parramatta firms to form Legal Chambers Pty Ltd, which was used to purchase a large piece of land on George Street in Parramatta, which the group had planned to use as the location of their new shared offices.
Departing employees often pose the greatest risk to the future goodwill of a business, as they have had the opportunity to form relationships with the client base and supplier network and may wish to take advantage of this knowledge.
In 2017, the High Court of Australia handed down a judgment that could have potentially resulted in Binding Financial Agreements being a thing of the past.
The issues of accrual of leave entitlements, workers compensation obligations, payroll tax, responsibility for PAYG instalments and superannuation all have slightly different tests in determining whether or not the relationship is one of employee/employer or principal/subcontractor.
Decisions surrounding everyday purchases are now often made following an online review of businesses’ social media accounts. Whilst the ability to post reviews on social media has given consumers the power to provide instant feedback, it has also given rise to ‘trolling’.
Various issues can be overlooked in the rush to have a document signed and finalised, and because of a landlord’s pressure to have a standard document for a complex or centre. Such omissions may have an adverse impact on the retailer tenant.
It has been more than 8 years since the Fair Work Act 2009 came into force, however many business owners and senior managers are unaware of the existence and effect of the “General Protections” regime contained in Part 3-1 of the Act.
In the third and final part of our same-sex marriage blog posts, we take a look at what the introduction of same-sex marriage means for parenting matters in Australia.
An ongoing need for childcare centres has led to a significant boom within the industry, and has seen savvy investors buying up childcare facilities and seeing notable financial returns.
The European Union’s (‘EU’) new General Data Protection Regulation (‘GDPR’) came into effect on 25 May 2018. Whilst Europe is over 14,000km from Australia’s sandy shores, its data protection laws are only a click away.
What happens if someone is trying to register a trade mark that is too similar to your own? How can you prove that it is similar? What are your rights and how can you enforce them?
Obligations to report data breaches are now more stringent than ever, and non-reporting of these breaches may result in huge fines being imposed.
Most people immediately think about legal action when they hear the phrase “debt recovery”. While formal proceedings are certainly one way in which a debt can be pursued, it is not always the best way. Court proceedings are typically time consuming and expensive.
When an employee notifies his / her employer that they wish to terminate their employment, their employment will automatically terminate when the relevant notice period expires. What happens when an employee wishes to withdraw their resignation?
In part two of our same-sex marriage blog posts, we discuss what same-sex marriage means for property proceedings. Overall, the introduction of same-sex marriage will see same-sex couples have greater access to legal protections surrounding both financial and parenting matters.
In light of the recent warnings from the Banking Royal Commission, it is important to understand how tightened lending and a surge of low housing prices can affect you, your property and any future investments.
Many businesses, particularly those that are struggling with cash flow, overlook some of the simplest debt prevention tools. One of the easiest ways to immediately improve cash flow is to design (or simply decide upon), implement and routinely use good billing practices.
Deciding whether or not to commence legal proceedings can often be a difficult decision for your clients and one which they may seek to involve you in. Find out how you can help.
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