What is the difference between a Financial agreement and a Separation agreement? When we refer to a Separation Agreement between a married or de facto couple we are also referring to a financial agreement, they are the same thing. Under the Family Law Act (cth) married or de facto couples are able to make a […]
Read MoreNow more than ever, we are all very aware of our physical, mental and emotional wellbeing and the need to be resilient and calm in the face of adversity. At a time when peoples’ lives have been thrown upside down, we need to find some structure and clarity so that we are equipped to deal […]
Read MoreSince 2009 the Australian Government has been changing the way Australian business employ their worker which has affected employment contracts. The changes include the introduction of new National Employment Standards (NES), and the commencement of modern awards. These new ‘modern awards’ now cover specific areas and as of 1 January 2010 there are several important […]
Read MoreSCHEDULE 1 – Retail shop businesses A full list of the types of retail businesses that require a Retail Tenancy Lease under the Retail Leases Act 1994 (Section 3) Adult books and toy shops Aged care product shops Amusement and entertainment services Antique shops Art galleries Art supplies shops Arts and crafts shops Baby supplies […]
Read MoreEven where every effort has been made to negotiate a fair lease, issues can nevertheless arise between the landlord and tenant in commercial and retail leases. The first step when dealing with a dispute, is to read the terms of your lease carefully. Often, there will be a dispute resolution clause which will outline in […]
Read MoreIt is no secret that the Courts place a high value on the contribution of the stay-at-home parent or homemaker. In a high profile case handed down earlier this year, Elgin & Elgin, Justice Forest has awarded a stay-at-home mother and homemaker 50% of the family’s assets, seeing her role as equal to that of […]
Read MoreAre you thinking about investing in property with family or friends? There are some great reasons to invest as a team. Pooling your resources can:- get you started in the property market; increase your buying power; increase your borrowing capacity; widen the knowledge, skills and expertise you have access to; reduce your overheads such as […]
Read MoreOnce a relationship moves to the more serious phase of moving in together, then the more mundane practicalities of partnering up become important. Legally you are now classed as a “de facto couple” and this carries certain rights and responsibilities. The law now grants de facto couples rights comparable to those of married couples. This […]
Read MoreAs the owner of a private company, it’s normal – and completely legal – to borrow money from your business. However, thanks to Division 7A of the Tax Act, failing to properly record that loan could land you in some serious strife come tax time. Here’s how it works, and how to avoid its impact […]
Read MoreEnsure Your Financial Agreement is Legally Binding The Family Law Act requires each party to the agreement to receive independent legal advice as to the advantages and disadvantages of entering into the Agreement. Before your financial agreement becomes legally binding it must contain A statement in the body of the agreement by the parties to […]
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