Broadley Rees Hogan

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A Storm Warning - Directors duties in tightly held companies

September 13 2016 In Part 1 of our Storm Warning series, we examine ASIC v Cassimatis (No 8) (Storm 8) for its salutary warning on directors duties, particularly in…

Foreign resident withholding regime to be imposed on buyers from 1 July 2016

March 24 2016 The Federal Government has recently passed the Tax and Superannuation Laws Amendment (2015 Measures No. 6) Act 2016. This legislation imposes a 10%…

PPS Leases - Owner of Goods Loses Title to Liquidator of Tenant

July 1 2016 The New South Wales Supreme Court case of Forge Group Power Limited (in liquidation) (receivers and managers appointed) v General Electric…

Unsolicited offers: ‘cleaning up’ the requirements for an exemption from mandatory building energy efficiency disclosure

March 24 2016 The introduction of the Building Energy Efficiency Disclosure Act 2010 (Cth) (the Act) created a scheme promoting the disclosure of information about…

Property Development Update: Failed ‘Off-The-Plan’ Settlements

December 9 2016 It has been recently reported that the Australian Tax Office (ATO) has adopted the position that if a binding Contract for an ‘off-the-plan’ dwelling…

E-alert: Remember the clock keeps ticking when applying to set aside an adjudication decision

March 6 2017 Applying for a declaration that an Adjudication Decision is void is a commonplace response to an adverse Adjudication Decision. What needs to be borne…

Historic Award Penalty Rates Decision - Fair Work Commission Reduces Weekend and Public Holiday Penalty Rates

February 23 2017 The Fair Work Commission today handed down its long awaited and politically sensitive decision about whether long standing penalty rates on weekends…

New professional standards regime - financial advisers

February 13 2017 New legislation mandating professional standards for financial planners and advisers was passed in the House of Representatives. The Corporations…

State-wide lockout not to proceed - update for pubs and clubs

January 30 2017 The State Government has confirmed that it will not proceed with the previously proposed 1am lockout for licensed premises. The lockout was proposed…

E-alert: Everything old is new again?

December 21 2016 As was widely anticipated, on 21 December 2016, the High Court unanimously allowed the appeal in Southern Han Breakfast Point Pty Ltd (in Liquidation)…