Capital gains withholding: impacts on foreign investors and Australian residents

By |2017-10-02T15:40:24+10:00October 2nd, 2017|Uncategorized|

Legislative provisions which impose foreign resident capital gains withholding payments in regard to property acquisitions came into effect in July 2016. An updated rate and threshold now applies to contracts entered into after 1 July 2017. From 1 July 2017 the threshold to withhold has been reduced from $2 million to $750,000 and the withholding [...]

The divorce process explained

By |2018-10-29T14:12:06+10:00October 2nd, 2017|Uncategorized|

In this article we explain the process of divorce in simple terms. Today in Australia a court does not consider why the marriage ended. The only ground for divorce is that the marriage has broken down irretrievably. That is, there is no reasonable likelihood that the parties will get back together. Separation To be eligible [...]

Shareholder Agreements: What you need to know

By |2018-10-29T14:12:06+10:00October 2nd, 2017|Uncategorized|

Starting a business requires careful planning and consideration. A failure to allow for unforeseen events or for ways to resolve future disagreements could put your new venture at considerable risk. The repercussions of failing to plan are clearly illustrated in a case in the Federal Court between co-owners of the popular Grill’d fast food empire. [...]