Developers and foreign investors should be aware that in Queensland from 1 October 2016, there will be a 3% stamp duty surcharge on foreign buyers for the acquisition of residential property, under the Duties Act 2001. This will be known as Additional Foreign Acquirer...
Consideration for IoT Technology Licence Agreements – Part 1
This article originally appeared in the Internet Law Bulletin Vol. 19 No 5-6 (August 2016) published by LexisNexis KEY TAKEAWAY POINTS The Internet of Things (“IoT”) refers to the network of interconnected physical devices and equipment, in which those devices are...
Up, Up, and Into the Cloud
As published in CK Momentum Issue 7 (Click here to download) As a small business or an early stage startup, you may not necessarily be bound by the requirements of the Privacy Act. However, your clients may themselves be subject to its provisions and will want to be...
Foreign Residents Capital Gains Withholding Payment
New rules will apply to vendors disposing of certain taxable Australian property under contracts entered into from 1 July 2016. A 10% withholding tax will be incurred on these transactions at settlement. Australian resident vendors selling real property will need to...
Succeeding in a Digital Economy – Part I
Technology & IP Partner, Peter Karcher, hosts a breakfast event with panellists Brett Iredale from JobAdder (www.jobadder.com)and Shaun Dobbin from Gomeeki (www.gomeeki.com.au). The discussion includes valuable insights onhow to simplify your business using...
Succeeding in a Digital Economy – Part II
Technology & IP Partner, Peter Karcher, hosts a breakfast event with panellists Brett Iredale from JobAdder (www.jobadder.com) and Shaun Dobbin from Gomeeki (www.gomeeki.com.au). The discussion includes valuable insights on how to simplify your business using...
Cash Flow is King!
As published in CK Momentum Issue 10 (Click here to download) Cash is the fuel that drives business, and many financial analysts consider the condition of a company’s cash flow to be one of the most important indicators of that business’s financial health. The...
Shareholder Activism
As published in CK Momentum Issue 10 (Click here to download) Discontent with a company’s performance can lead to the shareholders taking action to change or influence the direction of the company. Examples of shareholder activism in Australia are limited due to it...
Creditor’s Statutory Demand: Friend or Foe?
As published in CK Momentum Issue 10 (Click here to download) Creditor’s statutory demands (“statutory demands”) are often used by creditors as a method of debt recovery – issued to force a debtor company into paying the debt or risk being wound up. The Courts have...
Sustainable Business in a Global Age
As published in CK Momentum Issue 10 (Click here to download) While there are no specific laws mandating corporate social responsibility reporting in Australia, there are nevertheless good risk mitigation reasons for businesses to adopt it. GROWING TREND In 2014,...
Fund the Change You Want to See in the World: The Rise of "Tesla Evangelists"
Much has been written recently in relation to the potential changes to Australian insolvency laws, among other things, as part of an overall initiative to incentivise innovation. One of the issues commonly discussed is the competing interests of driving innovation and...
Important Things to Know About D&O Insurance
WHAT IS D&O INSURANCE? Directors’ and officers’ liability insurance (“D&O insurance”) provides cover for company directors and officers from claims that might arise from decisions taken when performing their role. WHAT TYPES OF CLAIMS WILL D&O INSURANCE...