Interchanging the words ‘or’ and ‘and’ can make a big difference when applying legislation to any situation. A great example of this is the 15 year determination to the Retail Leases Act 2003 which has recently caused a great disruption. If the word ‘or’ is read disjunctively as ‘or’ then many, if not most, leases [...]
In an effort to get paid faster, the Australian Taxation Office, from 1 July 2017, will start reporting overdue small business tax debts to Credit Rating Bureaus. Initially the measure will only apply to businesses with Australian Business Numbers and tax debts over $10,000 that are at least 90 days overdue. It will not [...]
The Personal Property Securities Register(PPSR) came into effect on 30 January 2012. Over 35 other registers were migrated into this new system at this time. The Australian Financial Security Authority (AFSA) imposed a 'grace period' to 30 January 2017 which allowed time to review your registrations and ensure they protect your interests. This [...]
The Fair Work Ombudsman (FWO) has sent a clear message to all employers that it will come down hard on underpayments. In an open letter published on the FWO’s website late last year, the FWO cautioned employers that their options for avoiding underpayment obligations by sending a company into liquidation are becoming significantly limited. This letter [...]
