Work Licences

A drink driving offence or failure to provide a sample when requested can result in a loss of licence, there are limited grounds that you can apply for a work licence, this will allow you to keep driving for work, but limits what you can do otherwise Read More …

CGT and the family home

The rules around the CGT exempt for the principal place of residence is one which can trip up the most well planned structures. Asset protection generally means that the family home may not be owned individually, this can mean that the general concessions may not Read More …

Who owns your website?

We recently had a situation where a client had his website taken back by their web designer due to a dispute over fees. The contract which was prepared at the time of the design of the website clearly stated that it belonged to the web Read More …

Holding off on that Credit Licence?

ASIC have flagged that they intend to increase surveillance of the micro lending industry and will be targeting unregulated and unlicensed operators. This should be the warning for businesses which continue to operate outside of the Regulatory regime, the consequences of operating without a licence Read More …

Before you sign that guarantee

A personal guarantee, signed on behalf of someone else can be the worst financial decision that you ever make. Upon signing a personal guarantee, where the loan becomes unpaid, goes into default or where the original borrower is unable or unwilling to repay it, you Read More …