Beware the new laws tackling Phoenix activity

Illegal Phoenix activity is when a new company is created to continue the business of an existing company that has deliberately liquidated to avoid paying outstanding debts, including creditors, taxes and employee entitlements. Throughout February to April 2020, the Treasury Laws Amendment (Combatting Illegal Phoenixing) Bill 2019 was passed by Federal Parliament and the relevant [...]

2020-09-10T03:37:48+00:00September 10th, 2020|Business Advice, Corporate Advisory|Comments Off on Beware the new laws tackling Phoenix activity

A quick Q&A covering COVID-related employment scenarios

With Victoria currently in the middle of Stage 4 restrictions, with impending announcements to be made in the next few weeks concerning the lifting of restrictions (hopefully!), it’s a good time to revisit some of the trickier scenarios surrounding employment and employment-related laws. There’s a lot of information out there at the moment, but as [...]

2020-09-07T03:28:37+00:00September 7th, 2020|Business Advice, Corporate Advisory, employees, Employment Law|Comments Off on A quick Q&A covering COVID-related employment scenarios

The impending lift of COVID-19 insolvency relief – where to from here?

The Australian government’s response to the COVID-19 pandemic incorporated several changes to insolvency legislation. In short, financially distressed businesses were given temporary relief with increases to the threshold at which creditors can issue a statutory demand (along with a significant extension of time to respond to a statutory demand), as well as relief from directors’ [...]

2020-08-30T23:51:11+00:00August 30th, 2020|Business Advice, Compliance, Corporate Advisory|Comments Off on The impending lift of COVID-19 insolvency relief – where to from here?

Discount the rent, you can afford it!

The Queensland Civil and Administrative Tribunal (QCAT) has been in the news this week after it was reported that a landlord on the Sunshine Coast would be forced to discount rent for its long-term tenants after the QCAT ruled the landlord could not demonstrate that reducing the rent would put the landlord at a financial [...]

2020-05-28T01:23:37+00:00May 28th, 2020|Business Advice, Corporate Advisory, Dispute Resolution, Property|Comments Off on Discount the rent, you can afford it!