UPDATE What issues will decide ASIC v Malouf?

Our Previous note said- On 31 July 2017 Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to  ASIC’s concise statement. What does MGE deny saying? MGE  denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings […]

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The Unexpected Consequences of Being Sued and Then Settling

If your client is sued you should have any settlement subject to the claim being dismissed (not discontinued) or your client’s credit history will be impacted, thanks to the decision of a Credit Reporting Body.   If your client has a demerit listed on their credit history it will impact on their ability to borrow […]

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If I get married overseas- Is it valid in Australia?

If you get married overseas it may be seen as a legal marriage here in Australia—as long as you have a marriage certificate from the registering authority from the country you were married in.   Your marriage does not get registered in Australia as it happened overseas and is already registered.   If you get […]

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Malouf Group Enterprises trial date set

Wednesday, 18 October 2017, Federal Court of Australia. Brisbane. Mr Malouf was, once again, not required to attend at court however his lawyer indicated to the court that he would be giving evidence in person during the trial because he is alleged to have been “knowingly involved” with improper conduct by the company. Justice Derrington […]

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ASIC v Malouf- Update- Malouf responds to allegations

On 31 July 2017 Malouf Group Enterprises (“MGE”) and Mr Malouf filed a 5 page response to  ASIC’s concise statement. What does MGE deny saying? MGE  denies engaging in misleading and deceptive conduct and (at par 15) has specifically denied saying to customers that: a) MGE could determine whether negative listings had been correctly listed […]

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Double Demerit Points Right Now For Mobile Phone Use If you Do This…

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Is your licence low on points and are you at risk of losing your licence… Here’s what to look out for. #### Penalties for using mobile phones illegally ### Using a mobile phone in your hands is illegal if you are driving—this includes when you are stopped at traffic lights and includes making and receiving […]

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Where there is a will, there’s a relative

Working in a trustee company in the past, I saw what happens when estate planning is poorly thought through, executed or simply that there has been no communication between the parties. Too many families are torn apart by poor estate planning, but with a comprehensive estate planning approach, many problems can be dealt with well […]

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Privacy and document destruction

Here’s an example of why you may need help to understand your business’ privacy obligations… On the way home last night I saw a box of torn manila folders strewn across Annerley Road, and immediately my thoughts were to what information is contained within these files. Curiosity got the better of me, so I started […]

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Thinking of a SMSF, wait and talk to us

A Self Managed Super Fund can be one of the biggest financial decisions that a family may make, over time it has the prospect of becoming a larger asset than the family home, and investment property or a business asset. Planning and designing a SMSF can be one of the most rushed over steps, however, […]

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Professional firms and debt collection

The mantra of accountants, solicitors and financial planners is to ensure that clients keep their bad debts under control, but for many firms its a case of not practicing what they preach. We recently assisted a large financial services firm get back on top of their debtors, in some cases the files were over three […]

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