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Family Law Amendment (Information Sharing) Act 2023

Enhancing Child Safety Under the Family Law Amendment (Information Sharing) Act 2023

The Family Law Amendment (Information Sharing) Act 2023 (“Act”) marks a pivotal development in Australian family law. By enhancing information sharing in family law proceedings, it addresses critical issues concerning the safety and wellbeing of children. The Act aims to improve collaboration between courts, child welfare agencies, and law enforcement. It facilitates a more integrated …

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Directors’ Duty Conflicts Interest

Directors’ Duty to Avoid Conflicts of Interest

In the world of corporate governance, managing directors’ duty to avoid conflicts of interest is central to maintaining trust, integrity, and compliance with the Corporations Act 2001 (Cth). Directors are entrusted with fiduciary obligations, which require them to act in the best interests of the company. However, personal or external interests can sometimes create situations …

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pro-rata long service leave

Pro-Rata Long Service Leave Explained in Australia

Long service leave provides two months of paid leave after ten years with the same employer. It recognises long-term contributions. Pro-rata long service leave allows early access to part of the entitlement. This applies if employment ends before ten years of service. It also applies proportionately for employees with service between ten and fifteen years. …

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Anti-Money Laundering

New AML Obligations for Lawyers

On 29 November 2024, the Australian Parliament passed the landmark Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024, introducing sweeping reforms that will significantly affect various sectors, including the legal profession. Specifically, these new AML obligations for lawyers will take effect from 31 March 2026. For lawyers, this legislation represents one of the most substantial …

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Cryptocurrency Regulation Australia

Cryptocurrency Regulation Australia 2024

With Bitcoin reaching new all-time highs in 2024, cryptocurrency regulation in Australia has become a critical concern for investors and businesses alike. As blockchain technology matures and institutional interest grows, understanding the regulatory landscape is essential for navigating the risks and opportunities in the Australian market. The Australian Securities and Investments Commission (ASIC) continues to …

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domestic violence legal protections

Domestic Violence and Legal Protections in Australia

Domestic violence is a significant issue in Australia, with legal protections in place to support victims. It involves a range of abusive behaviours used to control, intimidate, or harm a person in an intimate or familial relationship. Domestic violence can include physical, emotional, psychological, sexual, and financial abuse, each with devastating impacts on victims. At …

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shared equity arrangements in NSW

Shared Equity Arrangements in NSW: A First Home Buyer’s Perspective

Introduction Entering the property market in New South Wales (NSW) can be challenging for first-time buyers. This is due to the rising property prices and substantial upfront costs. Shared Equity Arrangements offer a practical solution by allowing purchasers to share the purchase price with another party and benefit from reduced transfer duty obligations. Shared equity arrangements …

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testamentary trust setup benefits

Key Benefits of Testamentary Trust Setup

Establishing a testamentary trust offers significant advantages in estate planning. Testamentary trust setup benefits include enhanced asset protection, tax efficiency, and controlled asset distribution, making them a strategic choice for protecting beneficiaries and reducing family conflicts. Understanding these key aspects is crucial when deciding if a testamentary trust aligns with your long-term financial goals. A …

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Directors’ Duty Conflicts Interest

Remote Work Injury Liability: A New Legal Frontier

On 18 October 2024, the South Australian Employment Tribunal delivered a judgment in Vercoe v Local Government Association Workers Compensation Scheme [2024] SAET 91. This case has significant implications for remote work injury liability. Lauren Vercoe tripped over a pet fence she set up in her home while working remotely. She filed a workers’ compensation …

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