Hard as it is to believe, the end of financial year (EOFY) is almost upon us once again; it’s the time of year in business to tie up the loose ends, get the books in order, shift any surplus or miscellaneous stock, and approach a new financial year with a clean slate and with your [...]
During 2026, Rankin Business Lawyers is presenting a series of articles providing guidance on what to do when preparing a business for sale. This month we look at the obligations of those selling businesses to their team, covering transfers of employment, staff entitlements and redundancies, and how to communicate change. Your team is part of [...]
Aside from bankruptcy proceedings, which we discussed last month, there are other ways to enforce a court judgement to recover monies owed by a debtor (i.e. turning a paper judgement into actual recovery). A garnishee order is one such legal tool. Rather than relying on the debtor to pay, a garnishee order allows a creditor [...]
Generally speaking, businesses pay superannuation contributions to employees, not contractors. If you use contractors in your business, you might assume you don't need to worry about superannuation. However, applicable legislation, precedent cases and Australian Taxation Office guidance make clear that some contractors are deemed “employees” for superannuation purposes. The determination that must be made is [...]