From time to time, for various reasons, you or your clients may wish to change the trustee of a trust. When this occurs, all the trust assets held in the name of the retiring trustee need to be transferred to the name of the new trustee. Sometimes, the trust assets may include one or more m..
The recent tragedy at the Grenfell Tower in London highlights the importance to contractors of the risks and dangers in utilising non-conforming products. Grenfell Tower was a public housing building, with over 129 flats. It has been revealed in the weeks following the tragedy that zinc cla..
The State Government has introduced new mediation laws in Queensland to provide an alternative solution for farmers when struggling to comply with their bank’s mortgage terms. This is a great alternative from having to engage in expensive and drawn out legal battles that could lead to their fina..
The Personal Property Securities regime was introduced in January, 2012 and bought with it a number of complications and headaches for small businesses including cane farmers. Recent amendments to the PPS regime have reduced red tape and McKays sees this as a win in reducing the paper ..
As employment lawyers, we often advise clients about employment restraints. Very often we have to start by correcting some common urban myths… Urban myth 1 is, “Employment restraints aren’t worth the paper they’re written on.” Urban myth 2 is, “You can’t protect your business..
Any business that leases goods, sells goods on consignment or on terms, or otherwise uses goods to secure debt, needs to be familiar with the Personal Property Securities Register (PPSR). On one hand, the PPSR seems easy to use – anyone can create an account and register their security..
PPSA Changes as to when you must register your hire arrangements. Failing to do so may result in you losing your assets if the hirer goes broke…
Personal Property Securities Amendment (PPS Leases) Act 2017 (“Amendment”) which amends the Personal Property Securities Act (“PPSA”) was assented to today so the following changes will be in effect from tomorrow. What does this mean? Since the PPSA came into effect on 30 January 2012,..
On Labour Day the Queensland Premier announced the introduction of a new licensing regime for labour hire operators. The stated purpose of the new laws is to “crack-down on rogue operators who are exploiting and mistreating vulnerable workers.”1 The new measures follow an inquiry by the..
The existence of a de facto relationship may give rights to each party in relation to an adjustment of property. We all think we know what a de facto relationship is, but how do we determine whether or not such a relationship exits? It is easy to determine when a marriage exists as ..
Do you understand how superannuation payments are calculated? Reading this could save your business thousands…
Superannuation is complicated and it’s not surprising that businesses can get it “super wrong”. Your business could be paying too much super, or too little. Read on to find out more… We have advised small, medium and large businesses for many years. The two common mistakes that busin..
Do you want half price legal and accounting services when preparing your Wills or transferring your farm onto your children? Succession and estate planning has been one of the biggest challenges faced by primary producers for generations. Passing on control of the family farming business an..
You probably have heard about the 2016-17 Budget and related superannuation reforms due to apply from 1 July, 2017. However, you might not have thought about estate plans and trust deed updates. In order to ensure your clients are going to be prepared, you need to read on. Two importan..