Tag: Legal

No matter the size of your company, if you are a director, you have a number of duties and responsibilities to both the company and the public.

Lachlan Murdoch and James Packer are set to face court over the collapse of One.Tel in 2001 after accounting firm Pitcher Partners filed a statement of claim with the Federal Court against One.Tel seeking $244 million in damages.

Asteria Joinery’s director Ryan Marsh was fined $16,900 after a prosecution by the Fair Work Ombudsman for underpaying workers at his company more than $31,000.

A must read for all professionals and professional associations – Professions and the Trade Practices Act – has been launched by Australian Competition and Consumer Commission deputy chair Michael Schaper.

Peter Carter was appointed managing partner of Carter Capner Law in 1995 and has spent the past 15 years cementing the firm’s position as one of Queensland’s leading legal practices.

When the publication of information is no longer confined to newspapers, a basic knowledge of how defamation laws work becomes relevant to business owners who blog or tweet. A careless statement, even if it was intended to be an honest opinion, may open you to a host of problems.

Internet service provider (ISP) iiNet has claimed victory in a major legal battle over whether it should be held responsible for its customers downloading illegal content. In a landmark case, brought against iiNet by the Australian Federation Against Copyright Theft (AFACT), Justice Dennis Cowdroy found iiNet was not responsible for the infringements of its users […]

Is tax time a dreaded chore? A combination of annual accounts and audit fears? Mark Muller and Peter Bembrick look at how you can maximise the time and effort spent on preparing annual accounts and becoming audit ready by turning this into a valuable activity for improving your business. While not all businesses need to […]

The government’s Australian Transaction Reports and Analysis Centre (AUSTRAC) recently signed the financial intelligence units of the Czech Republic, Germany, Mexico, and St Kitts and Nevis to memoranda of understanding (MOU), allowing access to financial information for Australian law enforcement and other relevant government agencies. The MOU will assist in the detection and prosecution of […]

While the financial benefits of being a sole trader are more enticing than those of being a private company, the business risks can be scary. Gavin Dixon explains why setting up as a private company is a business owner’s best protection from liability. The biggest decision many young, aspiring entrepreneurs faced when setting up the […]