Archive for the ‘ Latest News ’ Category

Over 6.5 million Australians own shares but many are unaware of their rights that are attached to being a shareholder. Most people assume that they hold a percentage of the company ownership, and that it is their right to be paid a dividend for their portion of ownership if the company makes a profit. But

With economic costs from work-related illnesses and injuries estimated at $57.5 million, it is little wonder that the Commonwealth and each State and Territory government agreed to harmonise their work health and safety laws so that they were similar in each jurisdiction. Rather than pass one Commonwealth law that would be binding upon each State

An issue which often arises for businesses is whether a worker is an employee or a contractor. How do you determine one from the other?  Does it even matter? This distinction does matter as it impacts on who is responsible for certain issues, such as PAYG withholding tax, superannuation and workers compensation. How do you

If you sell goods on credit and hope to have protection through your current Terms of Trade retention of title provisions…you can forget it if you don’t register under the new PPS system from October… Clinch Long Letherbarrow BizLaw BulletinIf your business provides goods or services on a title retention basis, you may no longer

Businesses With Facebook “Fan” Pages Beware – It is Possible You Can Become Liable For Comments by Others In Social Media… FacebookWith a recent publication stating that an average internet user spends more time on Facebook than on Google, Yahoo, YouTube, Microsoft, Wikipedia and Amazon combined, it is hardly surprising that Facebook has become a

What is PPSA? The Personal Property Securities Act (PPSA) is due to commence on 10 October 2011. It essentially replaces all current law applicable to the taking of security over personal property, including replacement of ASIC charges register and REVS (vehicles). A key feature of the new legislation is the creation of the Register of

The 2011 Federal Budget may have been relatively mild with few surprises or major changes for average Australians but for all Australian company directors it was very significant. The Budget announced its plan to counter “fraudulent phoenix activities” by increasing personal liability for directors. What are “phoenix activities”? ASIC defines phoenix activities as those when