From prosolution.com.au: Investors have three options for personal property ownership: joint ownership, sole ownership, and tenants-in-common (TIC), each offering unique benefits.
Sole ownership can maximize tax savings and minimize land tax liabilities, while joint ownership simplifies estate planning and reduces capital gains tax liabilities.… read more
From sladen.com.au: The case of Ford Kinter & Associates Pty Ltd v Reliance Franchise Partners Pty Ltd highlights the importance of creditor funding in insolvency proceedings, as the court ruled that creditors who assume financial risks in litigation can be prioritised for asset recovery.… read more
From www.bartier.com.au: The Supreme Court in Boyd v Roberts elevated the consideration of unfulfilled testamentary intentions under the Succession Act 2006 (NSW) by granting Eliza Boyd $450,000 from her late father’s notional estate, despite his lack of a formal will.… read more
From financialnewswire.com.au: BTC Markets has welcomed the re-election of the Albanese Labor Government, emphasizing that it brings the necessary stability and legislative mandate to advance digital asset regulation in Australia.… read more
From www.goingconcern.com: KPMG Australia’s recent research highlights that despite a 5.3% growth in the number of accountants and bookkeepers from 2014 to 2024, these roles remain among the most common occupations in Australia.… read more
From corrs.com.au: Arbitration is increasingly favoured over courts for resolving financial services disputes globally due to its confidentiality, procedural flexibility, and enforceability.
In Australia, arbitration remains underutilised in financial services, prompting calls for greater awareness and adoption.… read more
From acuitymag.com: ASIC and FMA released reports in 2024 on financial reporting and audit quality, highlighting issues in revenue and asset valuation.
Australian auditors faced significant findings related to revenue audits and assumption testing.… read more
From hlb.com.au: Leaders in the not-for-profit sector face challenges with financial viability and increasing demand for services while also addressing cybersecurity threats.
Organizations are prioritising AI integration for improved efficiency, with strategic planning for long-term stability.… read more
From pcllawyers.com.au: Rent reviews in commercial and retail leases adjust rents to reflect market conditions, using annual increases or market rent reviews.
Independent valuations can play a role in resolving disputes over proposed rent changes.… read more
From www.smsfadviser.com: A recent Queensland Supreme Court case highlighted that clients who have suffered investment losses can pursue claims against both their financial advisers and the Australian Financial Services License holders associated with them.… read more
From www.khq.com.au: The Australian Privacy Commissioner is actively advancing data privacy enforcement with new powers and a focus on education, aiming to enhance compliance and adapt to rising public expectations.… read more
From www.aigroup.com.au: Employee engagement leads to increased productivity, higher retention rates, improved customer satisfaction, and enhanced innovation.
Strategies to foster employee engagement include creating a positive work environment, providing growth opportunities, recognising contributions, encouraging open communication, and promoting work-life balance.… read more
From www.russellkennedy.com.au: The County Court of Victoria ruled in Horgan v Equi Ventures Pty Ltd that an equestrian business constituted “the retail provision of services,” thus classifying the lease as a retail lease under the Retail Leases Act 2003.… read more
From www.claytonutz.com: The Australian restructuring landscape has evolved significantly over the past decade, shifting focus from debt enforcement to strategies such as debt-for-equity swaps, influenced by the rise of private capital investors.… read more
From www.bantacs.com.au: Investment property sales usually involve careful superannuation planning due to potential capital gains tax liabilities.
Taxpayers can make concessional contributions to superannuation to mitigate these gains, but must be aware of contribution caps, age restrictions, and timing related to property contracts.… read more