PPSR Grace Period Ended

The Personal Property Securities Register(PPSR) came into effect on 30 January 2012.  Over 35 other registers were migrated into this new system at this time.   The Australian Financial Security Authority (AFSA) imposed a 'grace period' to 30 January 2017 which allowed time to review your registrations and ensure they protect your interests.   This [...]

2017-06-27T08:52:37+00:00February 27th, 2017|Uncategorized|34 Comments

Personal Guarantees: Only fools rush in!

Personal guarantees have become a common part of many commercial transactions, often being provided by company directors and their spouses or relatives. However, in our experience, the extent of such guarantees are often misunderstood and can create unexpected consequences when businesses experience financial difficulty. In extreme circumstances, they can be the cause of relationship breakdowns [...]

Workplace Laws: Underpayment of Employees

The Fair Work Ombudsman (FWO) has sent a clear message to all employers that it will come down hard on underpayments. In an open letter published on the FWO’s website late last year, the FWO cautioned employers that their options for avoiding underpayment obligations by sending a company into liquidation are becoming significantly limited. This letter [...]

2017-06-27T08:57:46+00:00February 20th, 2017|Uncategorized|275 Comments

ACCC Stats and News Report

The types and frequency of reported complaints to the ACCC accords with what we are hearing from our clients, with misleading and deceptive conduct claims among the most common competition issues we are dealing with.Click here to access the ACCC 'Small business, franchising and   news report' for the period July 2016 to December 2016.

2017-06-27T08:55:12+00:00February 20th, 2017|Uncategorized|78 Comments