If you are borrowing funds from overseas lenders to purchase property, and they are not in the business of lending money, you will most likely need to seek approval from the Foreign Investment Review Board (FIRB). FIRB is an Australian government advisory board that reviews the purchase ..
Here is a common scenario we see all the time in the construction industry. You enter into a construction contract which has specifications that require you to install a particular product, for example, a bath, air-conditioning system, a fire collar or whatever. You go out and buy the sp..
When starting a new company, take the time to consider and prepare a detailed Shareholders Agreement as it can help to avoid costly problems in the future. Usually directors and shareholders of a company begin with a shared vision of their new business, however views often change over time. ..
It is so important to have a well-drafted Will, in order to ensure that upon your death, your farm, hard earned money, and other assets: a) Pass to the people you want; and b) Support your beneficiaries’ needs (such as a surviving spouse or children) in the way you want ..
We have provided numerous articles (/publications) on the Personal Property Securities Act (“PPSA”) and its importance in protecting your assets and taking and perfecting security over other assets. One of the key components of the PPSA is a 24/7 online Register where you can register and p..
During the succession planning process, the situation often arises where the older generation (parents/grandparents/aunts and uncles) want to continue to reside on the farm and live in their home, while the younger generation take on the responsibilities of running the farm. It is important ..
Setting up a new company is on a superficial level, quick and easy. However, there are intricacies to the incorporation process of which to be aware. When setting up a company many people simply tick the yes box when asked “do you need a Constitution”. However after the company is incorporated, ..
The Department of Agriculture and Fisheries (“DAF”) and Queensland Rural and Industry Development Authority (“QRIDA”) have announced assistance packages for those Primary Producers affected from the recent fires that occurred between 30 November to 6 December in our region. These Primary Pr..
There is a common, and potentially very costly, misconception that changing a copyright protected work by 10% (or any other percentage for that matter) or only reproducing a smaller proportion of a protected work will mean that one can avoid liability for copyright infringement. This i..
New Security of Payment provisions finally to come into effect – but next stage of Project Bank Accounts pushed back
The Queensland government has announced that the Security of Payment provisions of the Building Industry Fairness (Security of Payment) Act (BIFA) will commence on 17 December 2018. This will mean significant change for those in the building and construction industry. A..
“It’s okay, you won’t need a licence….”; another contractor falls afoul of the QBCC licensing regime
The licensing regime erected by the Queensland Building and Construction Commission Act 1991 (Qld) (QBCC Act) is, to quote Churchill “a riddle, wrapped in a mystery, inside an enigma”. That said, if you want to be involved in the construction industry in Queensland, it is a riddle which you need..
A recent dispute between a building certifier and his client has landed in the District Court after the client posted allegedly defamatory comments on Yelp, True Local and a number of other public business review sites. The building certifier sought damages in the sum of $150,000 a..