Paying penalty rates – what we can learn from Pizza Hut

Pizza Hut are now required to pay its workers fast food industry award rates including higher penalties after their union was successful in terminating 30 old enterprise agreements. Most of the agreements were negotiated at least a decade ago and whilst the agreements did not include penalty rates in return for higher pay, the agreements [...]

2019-02-06T22:08:54+00:00February 6th, 2019|Business Advice, Contracts, Corporate Advisory, employees, Employment Law|Comments Off on Paying penalty rates – what we can learn from Pizza Hut

Why the dispute resolution clause in your contracts is important (A.K.A. Everyone is friends until they’re not!)

In preparing commercial contracts a clause will often be inserted (generally at the prompting of the drafting lawyer) to provide a procedure for dealing with disputes. Often, very little consideration is given to such clauses as parties to the contract are (quite understandably) more excited and focused on the project at hand and the best [...]

2019-02-05T21:37:10+00:00February 5th, 2019|Business Advice, Business Partnerships, Contracts, Corporate Advisory, Dispute Resolution|Comments Off on Why the dispute resolution clause in your contracts is important (A.K.A. Everyone is friends until they’re not!)

Underpaying your employees may cost you more than you think

Underpaying your employees, knowingly or not, could cost your business more than you think. In addition to back paying your employees, you may be ordered to pay a penalty. A small coach company (Ava Travel) was recently penalised a total of $163,300 for unintentionally underpaying two of its employees despite a judge finding the breaches [...]

2019-01-08T22:39:00+00:00January 8th, 2019|Business Advice, Compliance, Contracts, employees, Employment Law|Comments Off on Underpaying your employees may cost you more than you think

Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations

In the excitement of fielding potential buyers for their business, many business owners often neglect to take the requisite precautions to safeguard their important Intellectual Property (IP), goodwill and trade secrets. Blinded by the prospect of a windfall, many rush in and disclose the nature of their operations and key drivers of their profitability without [...]

2018-11-14T06:09:51+00:00November 14th, 2018|Business Advice, Contracts, Corporate Advisory, Intellectual Property|Comments Off on Why would I pay for your business when you’ve already given it to me? The importance of a well-crafted Confidentiality Agreement in sale negotiations