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What is the Harman principle?

The Harman Principle is a rule expressed as an implied undertaking to the Court not to use documents or information that is obtained under a court order for any purpose other than that for which it was given. The rule continues to apply until such documents or...

Does a CGT exemption apply to you?

Are you thinking of selling your property? Before you do, you should familiarise yourself with Capital Gains Tax (CGT) and determine whether any exemption applies to you. A capital gain or loss on an asset is the difference between how much it costs you to purchase...

Directors appointed to the Board of a Subsidiary Company

Are you a director that has recently been appointed to the board of a subsidiary company? If you are, then it is important that you remember that your duty is to the subsidiary company to which you are a director, not the parent company which appointed you. Duties you...

Executors: Conflicts of Interest

Are you an executor of a friend or family member’s estate? Being able to identify a conflict of interest is an important skill for any executor. Failure to identify possible conflicts of interest can often have significant consequences. How to Identify Conflict of...

Workplace Policies – A great idea for any business

Do you have Workplace Policies in Place? Managing staff can be one of the most challenging things for any business. Disputes with employees can cost the business time and money. A great way to minimise disputes and to effectively manage your employees is by having...

Correction obligations on credit reports

The amendments of the Privacy Act 1988 (Cth) had a significant impact on the credit reporting system. The amendments brought the introduction of a comprehensive reporting system as well as a new corrections system. The amendments introduced a new ‘first responder’...

Cyber Security

Is your Cyber Security Sufficient? With the rapid increase and continued threat of cyber-attacks, cyber security is now more important than ever. Cyber-attacks can have a detrimental impact on a company. The ramifications can affect a company’s financial stability as...

Family Provision Claims: Blended Families

Over the years there has been an increase in individuals entering their second (or subsequent) marriage later in life. It is common for many of these individuals to enter into their marriage with children from a previous relationship. These situations can at times...

Sham Contracting

Under the sham contracting provisions of the Fair Work Act 2009 (FWA), an employer is prohibited from misrepresenting an employment relationship or a proposed employment arrangement as an independent contracting arrangement. An employer is also prohibited from:...

6 Fundamental Figures all Investors should Review

If you invest in shares in the Australian Stock Market you will receive the Annual Report of your company around this time. Most investors read parts of the report mainly the Chairman Report, the Chief Executive Officer’s Report and the Financial Highlights section of...