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At Madgwicks we know all about business. From humble beginnings more than 40 years ago, we’ve traveled the long and bumpy road from when our two…
Article

Madgwicks | Australia | 16 Apr 2019

A $2 million-dollar error: What SMSF professionals can learn from the auditor liability cases

Recent findings highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and lawyers. In brief: The cases of Cam &…
Article

Madgwicks | Australia | 9 Apr 2019

The case of a dispute over air conditioning that made it all the way to the Supreme Court

When a landlord failed to repair an air conditioner, the Court held that the tenant could not terminate the lease or claim that…
Article

Madgwicks | Australia | 20 Mar 2019

Court awards damages for building works not completed in a reasonable time

Renovations dragging on? A recent decision determined there was an implied term that building works be completed within a reasonable period of time…
Article

Madgwicks | Australia | 15 Mar 2019

A minor typo with major consequences for a statutory demand

In a recent Supreme Court case[1], the Court held that a statutory demand was not served because it was incorrectly addressed to the Company…
Article

Madgwicks | Australia | 2 Mar 2019

Structuring SMSF investments in managed investment schemes - lessons from the Aussiegolfa case

The decision of the Full Federal Court in Aussiegolfa Pty Ltd (Trustee) v Federal Commissioner of Taxation [2018] FCAFC 122 has held that…
Article

Madgwicks | Australia | 2 Mar 2019

Valuer and Retail Leases Update - Sub-letting and consent

Last week I had to give advice on whether a landlord could withhold consent to a proposed sublease. The relevant clause in the lease (which…
Article

Madgwicks | Australia | 11 Feb 2019

I didn’t use the BCC email function - have I just breached privacy laws?

In 2018, approximately 3000 individuals had their personal information compromised over a three month period due to a sender’s failure to use…
Article

Madgwicks | Australia | 5 Feb 2019

Valuer and Retail Leases Update - Premises deemed not to be retail premises

A recent decision in Bulk Powders Pty Ltd v Seicon Pty Ltd (Building and Property)[2018] VCAT 2000 determined that premises used primarily…
Article

Madgwicks | Australia | 17 Jan 2019

Valuer and Retail Leases Update - Failure by landlord to repair air-conditioning deemed to be a breach of the lease

Following on from my update in November last year where a tenant was entitled to terminate the lease based on the landlord’s failure to…
Article

Madgwicks | Australia | 17 Jan 2019

Lay of the Land Property Tax Update: High Court rules on assessing the value of stamp duty regarding the value of company assets

In assessing the value of stamp duty, the High Court in Commissioner of State Revenue v Placer Dome Inc (Now an Amalgamated Entity Named…
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