A recent decision of the Full Court of South Australia has highlighted the extensive damages awards that can follow the supply of equipment that is not fit for the purpose contemplated by the buyer.
The GST treatment of supplies relating to international transport is set to change from 1 July 2010.
The Land Tax Amendment Bill 2010 (Qld) (Bill) was introduced to Parliament on 23 March 2010.
It is not uncommon in shareholder disputes involving allegations of oppression under section 232 of the Corporations Act 2001 (Cth) for the aggrieved shareholder to seek to wind up the company as part of a wider strategy seeking a buy-out order.
The Property Agents and Motor Dealers and Other Legislation Amendment Bill 2010 (Qld) (Bill) was introduced to Parliament on 24 March 2010.
On 17 March 2010, the long debated and long awaited amendment bill became law. The Act is really something of a compromise, attempting to balance the interests of injured Queenslanders, while at the same time maintaining the financial viability of the schemes to which the Act applies. As with any compromise, not everyone will be happy. Further reform will no doubt continue to be agitated by both sides to the litigation equation.
In Noonan v MacLennan & Anor [2010] QCA 50 the Queensland Court of Appeal prevented defamation litigation from continuing because of a failure to comply with the strict time limits imposed by the Limitations of Actions Act 1974 (Qld) (LAA).
A recent decision from the New South Wales Court of Appeal highlights the complications that can come with giving money to family members on conditions without proper safeguards.
The Federal Government is expected to introduce new laws in mid 2010 which will require the disclosure of energy efficiency information for commercial office buildings.
Traditionally, non-profit organisations that promote the change of government law or policy have struggled to qualify for charitable tax concessions. That may be set to change with the High Court of Australia’s grant of special leave to appeal in the case of Aid/Watch Incorporated v Commissioner of Taxation [2010] HCATrans 58.
The case of ASIC v Rich provides us all with some valuable commentary on directors duties and the potential application of the business judgment rule.