What you need to know if you’ve received a bankruptcy notice
If you owe someone money and you have not paid them even after a court has ordered you to pay them, you may receive a bankruptcy notice. So what do you need to know if you’ve received a bankruptcy notice? What is a bankruptcy notice? A bankruptcy notice is a formal demand for payment based […]
What is the best way to hold an investment property?
Whether you hold an investment property in your own name, a company or a trust, your unique circumstances will determine whether you’ve made the right decision or not. You can determine the best way to hold an investment property by having a general understanding of the taxation implications of owning an investment property and applying […]
Employers guide to redundancy
Employers can make an employee redundant if they no longer need the employee’s job to be done by anyone or the employer’s business becomes insolvent or bankrupt. The need to make an employee redundant may arise because an employer’s business: However, the Fair Work Act 2009 (Cth) sets out specific criteria which must be met […]
What if Council does not consent to a development application
The Environmental Planning and Assessment Act 1979 (NSW) together with Local and State Environmental Plans (LEPS) and (SEPS) regulate what you can do with your property in NSW (including how a property can be used and what can be constructed on a property). In order to obtain consent in relation to works to, or uses of, a property, […]
What you need to know if you have received a statutory demand
If you: you may receive a statutory demand for payment. So what do you need to know if you’ve received a statutory demand for payment? What is a statutory demand? A statutory demand is a written demand made to a company by a creditor under section 459E of the Corporations Act 2001 (Cth). A statutory […]
What to consider before signing a loan agreement
A loan agreement is a crucial and complex document which sets out the terms on which money has been lent. If you are borrowing money, it is of upmost importance that you understand all the provisions of the loan agreement so that you are familiar with your rights and obligations as borrower. Consider the following […]