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From our Knowledge Base
Just in the nick of time - the COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 have been amended. The amendments take effect from 29 September 2020. Some of the most important changes are around the rent relief application...
Court affirms fiduciary duties are not discretionary – Lessons for directors, trustees and professional advisors
In 2015/2016 it was recorded that there were nearly 850,000 trusts used in Australia holding more than $3 trillion worth of assets. But, how many people really understand trusts, and the obligations that go with them. Twigg v Twigg (No 4); Lambert v Twigg Investments...
The Federal Government will extend the temporary relief measures for financially distressed individuals and businesses to 31 December 2020. The measures include: 1. The period within which a statutory demand must be complied is extended from 21 days to 6 months 2. The...