If Foot and Mouth Disease (FMD) reaches Australia, the economic losses would be devastating. Biosecurity has never been more critical, from the borders to the farm gates.
The Treasurer has announced that fees payable for applications to the Foreign Investment Review Board (FIRB) will double from 29 July 2022.
We have recently seen a surge of unhappy cases where Australian residents inherit or receive gifts from overseas relatives, and those amounts have been taxed under section 99B of the Income Tax Assessment Act 1936.
The Federal Court’s recent decision in JMC Pty Ltd v Commissioner of Taxation [2022] FCA 750, should be sounding the alarm on the risk of potential ATO audit activity for any business engaging contractors as sole traders.
The regulatory framework that governs foreign investment in Australia is complex and often requires expert assistance to navigate. Known as the ‘FIRB’ regime, this article provides an overview of the:
The national Model Work Health and Safety (WHS) Laws were recently amended, with states and territories likely to implement changes in the near future.
The High Court has decided that BDBNs in SMSFs do not need to comply with the technical requirements in the superannuation regulations, but is that the end of it?
On 15 June 2022, the High Court handed down its decision in Hill V Zuda Pty Ltd as trustee for The Holly Superannuation Fund & Ors [2022] HCA 21, about BDBNs in SMSFs and whether they need to comply with the technical requirements in the superannuation regulations.
The national minimum wage will increase to $812.60 per week (or $21.38 an hour) from 1 July 2022. The weekly rate is based on a 38-hour week for a full-time employee. This constitutes an increase of 5.2%, which is $40 per week or $1.05 an hour.
The ACCC has commenced proceedings in the Federal Court against Meta Platforms, Inc. and Meta Platforms Ireland Limited, alleging that these entities are liable for scam advertisements published by third parties on Facebook.
In line with the ACCC’s new enforcement priorities, Peters Ice Cream has been penalised $12 million after admitting to engaging in exclusive dealing with a major transport provider.
The recent case of Lees v Asaleo Personal Care Pty Ltd (No 2) [2022] FedCFamC2G 264, serves as an important reminder that employers found to have taken adverse action against employees can be liable to pay large sums in compensation and penalties.
Cooper Grace Ward acknowledges and pays respect to the past, present and future Traditional Custodians and Elders of this nation and the continuation of cultural, spiritual and educational practices of Aboriginal and Torres Strait Islander peoples.
Fast, accurate and flexible entities including companies, self-managed superannuation funds and trusts.