Tag: Legal

The OECD has found that penalties for competition law breaches are ‘significantly lower’ in Australia than in comparable OECD jurisdictions, prompting the nation’s competition regulator to announce it will rethink its approach to competition law enforcement. The OECD report, Pecuniary Penalties for Competition Law Infringements in Australia(link is external) compared the penalties for companies which breach […]

Australian startups are raising millions of dollars of venture capital funding, with recent high profile raises including Canva raising $50.9 million in January 2018, Hyper Anna raising $16 million in August 2017 and Culture Amp raising $26.4 million in June 2017. Hundreds of Australian startups are raising smaller amounts in seed and series A capital […]

The ‘Holy Grail’, for many business owners, is to launch a business, grow it, sell it at a profit and retire early. Even for entrepreneurs who are committed to their business for life, the mere knowledge that they could sell if they chose provides a security blanket. However, selling a business can be a complex […]

Cryptocurrencies, and specifically digital currency offerings, have literally become the modern, investment market equivalent of the Wild West. Hundreds of prospectors have heard about the money on offer and are throwing caution to the wind, risking a lot (everything, in some cases) to make their fortune. It’s almost lawless territory and you need to keep […]

The first year of a new business is critical, with repeated evidence that around one third of businesses fail during this phase. However, equipped with the right knowledge and education, you can get off to a strong start. Whilst the focal point for the early months should ideally be on rapid income generation, new business […]

You may have been told once before that it is not polite to discuss religion or politics at the dinner table, but what about at work? The political landscape is somewhat of a mine field with vast political opinions on all matters of social issues and policy, and most likely your opinion won’t necessarily match […]

Founders often ask me ‘how do you know when is the right time to leave a corporate role and start your own business?’ Despite the fact I have a strong accounting background and am very much a numbers person, life experience has taught me this initial decision often needs to be based more on a […]

When small businesses engage with large enterprises, standard form contracts often leave them with no room to negotiate. Small businesses are left with the choice of either accepting terms heavily weighted against them, or terminating a deal that would be valuable for their business. To protect small businesses from backing into a corner, the unfair […]

As the 2016-2017 financial year comes to an end, businesses are hastily tying up loose ends in preparation for the new financial year. Often employers can put themselves at risk when pressuring their employees to work extensive overtime to finalise projects, meet deadlines and finish annual reports before the end of the financial year. Employers […]

Within the world of compliance, one of the biggest challenges people face is transparency. The issue of transparency is further amplified in the digital economy, where consumer data is readily accessible with the increased use of digital technologies. As data becomes the new currency, how companies manage, secure and share data is fast becoming a […]