News & Insights

Yes, your legal entitlements for recovery of loss may be blurred but what is always clear in any claim of business loss, preparation remains absolutely critical. The sooner preparation commences, the better. Whether or not your business interruption claim will be covered under your policy will depend on the precise terms of your insurance cover and the circumstances and nature of the loss, which you claim.

Our guide covers what you need to know about moving to Australia for employment. We include information about non-resident visas, income tax obligations and other taxes and levies that may apply to you.

Our experience is that businesses are investing in Australia for our consistent and strong economic growth, the stability of the banking system and independence of the judiciary.

In November 2020, Insurance Australia Group Limited (IAG:AU) announced it would raise up to $750 million in new equity capital. The move taken by IAG was in response to the Supreme Court of New South Wales Court of Appeal (NSWCA) 18 November judgment on a business interruption insurance test case.

On 9 February 2021, ASIC announced that from 18 February 2021 there are new requirements when ceasing a company director in accordance with the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 which was passed by Parliament in February 2020

The topic for the evening was the Road to Recovery and attendees were able to network with presenters from G&H Financial, Grow Finance, Slattery Asset Advisory and Hall Chadwick with respect to the challenges facing businesses in the Hunter as they navigate the challenges presented by the post Covid-19 environment.

The Family Law jurisdiction is often characterised by high emotions and delays inherent in the system. This article may assist in identifying mechanisms available in the corporate sphere which may have relevance in the settlement of matrimonial property disputes.

To encourage employers to create new jobs for young job seekers aged 16 to 35 years, the Government has legislated the JobMaker Hiring Credit scheme. Under the scheme, eligible employers will be provided with a weekly incentive payment of $200 (for employees aged 16-29 years old) or $100 (for employees aged 30 to 35 years old) for each eligible employee for up to 12 months.

The reforms included in the bill are intended to take effect on 1 January 2021 to assist with the economic impacts of COVID 19 and to replace the temporary Covid relief measures with respect to statutory demands and insolvent trading.

On 24 June 2020, the State Revenue Legislation Further Amendment Act 2020 (NSW) received Royal Assent. The legislation clarifies that a trustee of a discretionary trust owing residential property in NSW is taken to be a foreign person for foreign surcharges purposes, if the trust does not irrevocably prevent a foreign person from being a beneficiary of the trust.