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Do I need a Privacy Policy for my Business 22.09.17 The APPs supplement the Privacy Act and require that private sector organisations with an annual turnover of $3 million have a Privacy Policy in place if that business collects personal information.Read More
Drones and the rules - Know Before You Fly 22.09.17 Recreational consumer drones (Remotely Piloted Aircraft Systems (RPAS)) have grown in popularity and affordability in recent years. According to Recode in 2015, the market was projected to hit around $130 million in sales, by 2018 that number is expected to soar to $1 billion.Read More
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Are oral contracts illegal or unenforceable? 22.09.17 Queensland legislation requires builders to record their contracts in writing. The consequences of failing to do so were demonstrated in the recent case of Nichols v Earth Spirit Home Pty Ltd (‘Nichols’).Read More
Robust New Foundations, an Independent Review into the Subclass 457 Visa Program 22.09.17 The purpose of the Temporary Work (Skilled) (subclass 457) visa program (‘457 Visa’) is to allow employers to fill short to medium term skill shortages by recruiting qualified workers from outside of Australia when they cannot find the same skilled workers locally.Read More
Changes to Trust Distributions and Division 7A | John Ramsden 22.09.17 Division 7A was originally focused on private company tax free distributions, as mentioned above, however trusts have now come under the scope of the Division 7A by virtue of Subdivision EA and Subdivision EB of ITAA 1936.Read More
Australia Wakes Up with Personal Property Securities Reform | John Ramsden 22.09.17 The new Personal Property and Securities Act 2009 (Cth) ('the Act') is due to commence in February 2012. The Act will bring about significant changes to the regulation of personal property securities across Australia by way of a collective referral of power to the Commonwealth by the States and Territories.Read More
The Nation Unites to Promote Fair Trading and Consumer Protection | John Ramsden 22.09.17 On 1 January 2011, the long-standing and well-known Trade Practices Act 1974 (Cth) was renamed the Competition and Consumer Act 2010 (Cth).Read More
The Importance of Searching the Personal Property Securities Register and Registering Commercial Security Interests 22.09.17 Searching the Personal Property Securities Register (the 'PPSR') is essential when entering into commercial arrangements to ensure that security interests held against any of the assets of a contracting party are revealed in an open and transparent way.Read More
The easy way of private fund raising for startup business 22.09.17 It is common knowledge that new or existing businesses will need an injection of capital at some point in time. However, you can still raise funds from the general public without a prospectus. You can lawfully raise up to.....Read More
