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Single Contracts: Are they the future of Investing in the Queensland Property Market?

by Jamie Felstead When purchasing property in Queensland, choosing the right contract structure can significantly impact your experience and investment strategy. Two primary models currently shape the market: the Traditional Contract and the emerging, innovative Single Contract. While Traditional Contracts have long been the standard, Single Contracts offer a new approach, particularly for investors and […]

UNDERSTANDING DIRECTORS PENALTY NOTICES AND EIGHT (8) STEPS TO AVOID THEM

Directors Penalty Notices (DPNs) issued by the Australian Taxation Office (ATO) are serious matters that can have significant implications for company directors in Australia. These notices are used by the ATO to recover unpaid Pay As You Go (PAYG) withholding, GST and Superannuation Guarantee Charge (SGC) liabilities from directors personally. Company directors are responsible to […]

Purchase of Property and the Fair Work Act

By Ben Schefe We are currently assisting a client with the purchase of a building that has led to some unintended consequences relating to the transfer of business provisions in the Fair Work Act 2009 (Cth) (“FWA”). Relevant Background A brief summary of the relevant background is as follows: Relevant Provisions of FWA In summary, […]

Land Tax Changes Cancelled

By Stephen Gibson We have recently written about changes proposed by the Queensland Government, to the way in which land tax was to be calculated and charged in Queensland.  On 30 September 2022 Queensland Premier Anastasia Palaszczuk announced that the Queensland Government would be abandoning those changes.  The abandoned changes Under the land tax changes […]

6 weeks to go! Don’t miss the parenting arrangement deadlines for this Christmas

6 weeks to go! Don’t miss the deadline to finalise parenting arrangements for Christmas and December/January school holidays by Jasmine Evans 11 November 2022 cut-off date It’s time to make sure that you put in place your parenting arrangements for the Christmas period and December/January school holidays. The cut-off date to file court applications this […]

Outstanding Debt: Avenues to Recovery by Statutory Demand

Article by Ben Schefe, Michael Mapp, Conor Harvey, Debt recovery can often be a tricky exercise, as debtors are adept at avoiding and/or delaying payment where there is a debt outstanding. A cost-effective avenue for debt recovery, where the debtor is a company, is by way of a statutory demand. A statutory demand is a […]

Why should I formalise my Family Law agreement?

by James Halliday If a relationship breaks down, the best approach the parties can take will include maintaining a ‘working relationship’ in order to amicably reach an agreement. This will allow the parties to save substantial financial and emotional stress by avoiding the Court system. If the parties are able to reach an agreement on […]

THE IMPORTANCE OF PAYING CORRECT WAGES AND SUPERANNUATION

THE IMPORTANCE OF PAYING CORRECT WAGES AND SUPERANNUATION In some recent examples, discussed below, the Fair Work Ombudsman (FWO) has shown that ensuring that employers comply with their obligation to pay staff at their correct statutory rates, is a focus now, and will continue to be a focus into 2021. Recently, as a result of […]

ARE INHERITANCES IN OR OUT OF THE PROPERTY POOL?

ARE INHERITANCES IN OR OUT OF THE PROPERTY POOL? It can often be a point of contention between parties involved in a family law dispute as to how inheritances should be treated, particularly when they are received post-separation. The recent decision of Shnell & Frey [2020] FamCA 631 dealt with this issue, in addition to […]