Key Insolvency Reforms You Need to Know!
The Insolvency protections, which were in place since March 2020 (known as the ‘insolvency moratorium’) has now come to an end. Accordingly, those protections afforded by the Coronavirus Economic Response Package Omnibus 2020 (Cth), such [...]
Does COVID-19 Apply to Business Interruption Insurance? – New South Wales Court of Appeals Decision
The New South Wales Court of Appeal has recently handed down a decision that looked into Business Interruption insurance cover and whether COVID-19 related interruptions would be included or excluded. Business Interruption insurance cover historically [...]
Changes to the Miscellaneous Award 2020, make sure your business isn’t caught out!
The Fair Work Commission recently made significant changes to the Miscellaneous Award 2020 (the Miscellaneous Award), which came into effect on 1 July 2020. It is important that all businesses review their current employment arrangements, to ensure [...]
Beware! Rise in dodgy insolvency providers ahead of surge in personal and corporate insolvencies
The personal insolvency regulator, the Australian Financial Security Authority (AFSA) has recently issued a warning around dodgy insolvency providers. It is anticipated that there will be a wave of business failures when the temporary insolvency [...]
Virtual Meetings & e-Signing: Bringing the Corporations Act into the 21st Century
Australian businesses have no-doubt benefited from the convenience afforded by temporary changes to the Corporations Act allowing virtual meetings and e-signing of documents during the pandemic. Unfortunately, these temporary measures are set to expire in March [...]
Amendments to Commercial Tenancy Relief Scheme gives Small Business Commission the power to make binding determinations
The new Regulations that extend (and amend) the Commercial Tenancy Relief Scheme in Victoria have now been passed and are in force. Apart from widely publicised amendments to the regulations and enabling legislation (such as [...]
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