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Posted on 4 Mar 2009

Child Support Reform

The Australian Child Support Scheme has undergone major reform and has been introduced in three stages. The reform is in response to the report of the Ministerial Task Force on Child Support released in…

Posted on 4 Mar 2009

Adult Maintenance for Children over 18

The Family Law Act makes provision for orders to be made for the financial support necessary for the maintenance of a child. In making orders, the Court must, among other things, take into account…

Posted on 4 Nov 2008

The Relationships Act 2008 (Vic)

The Relationships Act 2008 (Vic) deals with the way in which parties’ property and financial resources will be distributed, in the event of the breakdown of the relationship. Parties is domestic relationships (formerly known as…

Posted on 4 Nov 2008

Trust Cloning Tax Concession Abolished

On 31 October 2008 the Federal Government announced that it will remove the capital gains tax exception for clone trusts. Trust cloning has been an important tool in the kit of estate planning lawyers,…

Posted on 4 Aug 2008

Owners Corporation

Some tips on living with the Owners Corporation Act 2006 Background On 31 December 2007, a new legislation, the Owners Corporation Act 2006, came into operation. What is an Owners Corporation? An Owners Corporation is a separate…

Posted on 3 Apr 2008

Borrowing by Super Funds

As many would be aware, changes to the superannuation laws now enable super funds to borrow money to purchase assets and thereby gear up their holdings – a concession likely to appeal to many…

Posted on 4 Dec 2007

When Employees Bolt with your Business

Many business-owners are fearful that their employees may depart with copies of their client details, “know-how” and fellow employee contact details, only the set up business in competition. And with good reason – without…