Archives

Categories

Parental Leave – Can I Return To Work Part Time?

Employees have a statutory entitlement to return to work and to their previous position after taking a period of parental leave under the Fair Work Act 2009 (the Act). If the employee’s previous position no longer exists, the employee is entitled to return to a position which is closest in…

Does A Pre-Nuptial Agreement Have To Be Fair?

It is now more than 10 years since the Family Law Act was changed to allow Australians to enter into pre-nuptial agreements (known as Financial Agreements or Binding Financial Agreements). Under the Act, the Court does not have to approve a Financial Agreement for it to be binding. That is,…

Strata Law Reforms

In 2015 the New South Wales Parliament passed the Strata Scheme Management Bill 2015 and the Strata Scheme Development Bill 2015, with more than 90 law changes. The legislation sets out comprehensive reforms of NSW strata laws modernising the law to reflect the reality of living in a strata townhouse…

Changes to Personal Property Securities Act – PPS Leases

The Australian Government introduced the Personal Property Securities Amendment (PPS Leases) Bill in the House of Representatives. After passing through the Senate the proposed changes became law with the enactment of the Personal Property Securities Amendment (PPS Leases) Act 2017 on 20 May 2017. The date is important and has…

Avoid Nasty Taxation Surprises in Family Law Settlements

There are significant differences in the tax consequences of certain family law related actions particularly when negotiating property settlement outcomes – the cutting of the cake! Unique opportunities in the family law environment can enable a couple to lawfully restructure wealth while avoiding, or minimising, the hefty tax and revenue…

Incentives for First Home Buyers in NSW

First home buyers in New South Wales can expect big stamp duty savings through reforms which were delivered in the 2017 budget and commenced on 1 July 2017. The new package is anticipated to assist many potential purchasers by improving housing affordability across the state. Policies have also been introduced…

De Facto Relationships and Will Contests

All jurisdictions in Australia provide statutory rights for eligible persons to contest an unfair Will if they can show that that have been left without adequate provision by the testator. In New South Wales, an eligible person includes a spouse, de facto partner, or child (of any age) of the…

Does your employment contract measure up?

If you are entering into an employment contract do you know what should be included? If you are an employer and using an old contract, should it be reviewed first? It is clear contracts should be individually structured to meet the needs of those involved and in reality both employer…

Tax Responsibilities of Small Business Owners

Have you started a small business and are wondering what you need to do to keep your tax affairs in order? In this article, we provide an overview of the tax responsibilities of small businesses including record keeping, reporting obligations and paying tax. It is important to note, however, that…