Will the Australian Tax Office escalate recovery activities?

The end of the insolvency relief measures - including the $90 billion JobKeeper wage subsidy scheme - is widely tipped to bring the biggest economic shock since the pandemic itself, leading to many unprofitable businesses closing ...

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Over-the-counter CBD oil is (almost) here. What do drivers need to know?

As of 1 February 2021, low-dose cannabidiol (CBD oil) can be sold over the counter at pharmacies without a prescription. This follows a recent decision made by the Therapeutic Goods Administration (TGA) to down-grade low-dose CBD ...

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Directors’ liability for insolvent trading post COVID-19 – where do I stand?

Temporary measures which relieved company directors from personal liability for insolvent trading, enacted by the Federal Government in response to the COVID-19 pandemic, ceased on 31 December 2020.  Accordingly, from 1 January 2...

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Updates to director resignation provisions under the Corporations Act

Section 203A of the Corporations Act 2001 (Cth) (a replaceable rule) provides that a director may resign by giving written notice of the resignation to the company at its registered office. For companies with a Constitution, most ...

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Insolvency law reforms: simplifying matters for eligible small businesses

Following the end of temporary measures to protect businesses financially impacted by the COVID-19 pandemic on 31 December 2020,  the new Corporations Amendment (Corporation Insolvency Reforms) Act 2020 (Cth) ("Act") and associat...

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Case Note: Murray Valley Aboriginal Cooperative Ltd v. Havea (2020) VSCA 243

In a decision delivered by the Court of Appeal on 18 September 2020 an appeal by the plaintiff based upon a miscarriage of justice caused by evidence being improperly admitted to the jury and against the jury’s assessment of dam...

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