Insolvency Reform – What you Need to Know
From 1 January 2021, the world of insolvency changed dramatically in Australia, with some of the most significant insolvency reforms in over 30 years coming into effect. In this article, we’ll set out briefly what you need to know about the new insolvency laws. The Main Changes The main aim of the reforms is to […]
How Your Business May be Affected by Changes to the Law
How Your Business May be Affected by Changes to the Law from 1 July 2018 You may not be aware of them, but there are a number of changes to the law that came into effect from 1 July this year which may have an impact on your business. National minimum wage and penalty rate […]
Changes to Family Law System
The Federal Government recently announced big changes to the current Family Law court system which are expected to result in 8,000 more cases being resolved each year. The Family Law court system is currently made up of the Family Court of Australia and the Federal Circuit Court of Australia across all Australian states and territories, […]
Ipso Facto Law Reform and Insolvency Clauses Going Forward
July 2018 From 1 July 2018 the ipso facto law reform has now come into force. Along with the new Safe Harbour legislation previously discussed in our newsletter, it forms part of the Federal Government’s insolvency law reform package. This means that business-to-business contracts will become much more complex if an insolvency action arises. Up […]
