New versions of the REIQ Contracts for House and Residential Land (7th edition) and Residential Lots in a Community Titles Scheme (3rd edition) were introduced on 1 July 2010. The amendments to previous versions of the REIQ Contracts are primarily due to the new national unfair contracts laws and are
The Government recently introduced a Bill to amend the super fund borrowing rules by replacing the existing exception in section 67(4A) of the Superannuation Industry (Supervision) Act 1993 with sections 67A and 67B.
The decision in SNF (Australia) Pty Ltd v. Commissioner of Taxation [2010] FCA 635 is good news for Australian businesses with international operations. It is the first Federal Court decision handed down on substantive transfer pricing issues.
Recent amendments to the Commonwealth’s taxation legislation have significantly changed the regime relating to the ATO’s power to issue director penalty notices (DPN) to a director of a company.
The High Court decision in Bamford clarified a number of issues in relation to how income can be defined in a trust deed and whether provisions giving the trustee a discretion to adopt different concept of income are effective.
Transport companies need to ensure they are correctly paying GST when they receive any form of government rebate. Not all government payments will attract GST.
On 26 May the Government introduced the Superannuation Industry (Supervision) Amendment Bill 2010 into Parliament to replace the current borrowing exception in section 67(4A) with new sections 67A and 67B.
Sagacious Legal Pty Ltd v Wesfarmers General Insurance Ltd (No 4) [2010] FCA 482 (May 2010)
The unfair dismissal provisions in the Fair Work Act 2009 have been operating since 1 July 2009. One major change involved the widening of employee eligibility to make an unfair dismissal application. In contrast, the timeframe for making an unfair dismissal application was reduced from 21 to 14 days after
A buyer or incoming financier who fails to lodge a settlement notice or caveat to protect their position pending registration of their interest can be at risk that a judgment creditor will register a writ of execution on the title during the period between settlement and registration.
Coynes Freight Management Group (Coynes) operated two warehousing businesses. Armik Group Pty Ltd imported vodka from overseas and arranged for its storage at one of the warehouses that was licensed to store underbond goods. The importation of the vodka attracted customs duty. One week after importation, 849 cartons of vodka
Cooper Grace Ward represented the interests of the defendants in this District Court action before Justice Searles in Toowoomba last year. A motor vehicle accident occurred after the plaintiff overtook the defendant’s vehicle at a T intersection and then stopped in the defendant’s path on two occasions before pulling over
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.