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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...

Deed of Personal Guarantee

Do you have a client that always has an excuse not to pay you? He tells you that he does not have money to pay you but you still see him drive away in a new BMW. When you contract with a company, you will not be able to claim your debt directly from the directors of...

Underquoting in Residential Property Sales

Underquoting occurs where an agent understates the estimated selling price of a property. This misleading practice that has been used by real estate agent can lead to individuals wasting time and money on inspection reports and legal advice. Recent amendments to the...

Capital Reductions: What you need to know

What is a capital reduction? A company may reduce its share capital in two ways: Share cancellation; or Share buy-back. Generally, the purpose is to improve the capital structure of the business (debt and equity) in order to maximise value to its shareholders. Capital...

Cash Flow vs Capital Growth

There has been much debate over which investment strategy is the best when it comes to purchasing a property. The cash flow strategy involves identifying properties with a high rental yield. The objective is to receive more income than the total amount of your...

Potential ASIC crackdown on “Car Yard” Insurance

In Australia, the majority of life insurance policies are sold through superannuation funds, financial advisers or online websites. Some of the major insurers include AMP, TAL, CommInsure, MLC and AIA.  However, many car dealers are also providing life insurance to...