Directors Duties

The director’s duty to consider the company’s creditors Another thing for directors to worry about: is there a duty to creditors? Even when their company is doing well, directors have a lot on their plate. But things can quickly snowball when insolvency takes hold....

New GST Withholding Regime – Quick Facts

Earlier this year, GST laws were amended to require specified purchasers to withhold GST amounts from the sales price and remit that amount to the ATO.  We have compiled a list of the most important facts relevant to this change in the law. Q: From when will this law...

The Importance of Security Terms

Establishing and operating a business is costly and time-consuming, so it’s no surprise that some areas of the business are neglected. All too often, we see businesses spending significant amounts on securing leases (with bank guarantees) and investing in expensive...

Restraint of Trade

Restraining future employment – when will it be appropriate to protect the legitimate interest of the employer? Restraint of trade clauses can be used to limit an ex-employee’s freedom to pass on company information or work for a competitor for a set period of...