by precedence | Aug 18, 2016 | Knowledge
As part of the Queensland Government’s 2015/2016 budget measures, it will be introducing a 3% Additional Foreign Acquirer Duty (“AFAD”). This duty will be payable by foreign residents or entities who are purchasing residential land or property in...
by precedence | Aug 9, 2016 | Knowledge
Liquidator’s remuneration trends in the New South Wales Supreme Court – In the matter of Independent Contractor Services (Aust) Pty Ltd (in liquidation) (no 2) [2016] NSWSC 106 The applicant was appointed administrator of Independent Contractor Services (“ICS”)...
by precedence | Aug 9, 2016 | Knowledge
Treasury issued a discussion paper on improving bankruptcy and insolvency laws in April 2016. Aside from a proposal to shorten the period of bankruptcy, the majority of discussion has been around the introduction of a safe harbour regime to allow directors to...
by precedence | Aug 9, 2016 | Knowledge
Over the last few years considerable uncertainty has arisen in relation to the position of a liquidator appointed to a company which operates as trustee of a trust, particularly a trading trust. It is long established that trustees are entitled to be indemnified...
by Miller Harris | May 1, 2016 | Knowledge
The Queensland Government recently passed the Environmental Protection (Chain of Responsibility) Amendment Act 2016, which commenced operation on 27 April 2016. The Act amends the Environmental Protection Act 1994 to give the Department of Environment and Heritage...
by Miller Harris | Apr 2, 2016 | Knowledge
In a number of recent cases, the Federal Court of Australia has lifted the corporate veil and found employees and directors personally liable for breaches of industrial relations laws and standards. This is the result of section 550 of the Fair Work Act 2009...