ATO Data Matching – eBay

Making over $10,000 on eBay? The Australian Tax Office (ATO) has announced that they will be obtaining the online selling database of eBay customers who sold goods or services in excess of $10,000 between 1 July 2014 to 30 June 2015. It is estimated that 15,000 to...

How does a section 73 proposal work?

A section 73 proposal is a formal proposal presented to a creditor under section 73 of the Bankruptcy Act 1966. This mechanism provides bankrupt individuals with an opportunity to end their bankruptcy early. If the section 73 proposal is accepted by the creditor, the...

Corporate Governance and Technology

Is your business tech savvy? Commentators have suggested that Companies with boards that not only have an understanding but also embrace technology in their corporate governance roles will have a great advantage over those that do not. However, Australian boardrooms...

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...