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2016 Annual Wage Review Decision

Preparing for 1 July – Wages and Remuneration

22 June 2016

On 31 May 2016, the Fair Work Commission handed down its 2016 Annual Wage Review Decision.

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Foreign property transactions

Foreign property transactions to be hit with additional expenses

19 June 2016

A number of recent changes affecting foreign purchasers of property in Victoria have either come into, or are soon to come into effect. These changes are already impacting on the sale of property.

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Expert

Getting it right: the importance of bulletproof expert evidence

15 June 2016

A recent decision of the Victorian Civil and Administrative Tribunal (VCAT) is a timely reminder for experts, lawyers and their clients of the importance of ‘getting it right’ with expert reports in order to best assist Courts and Tribunals to make proper determinations of disputes.

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Copyright ownership for software

Copyright ownership for software developers – who really owns the code?

15 June 2016

Many businesses are familiar with engaging a software developer to create a product or application, however the devil is in the detail when it comes to ownership of the end product.

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freezing order

To freeze or not to freeze: hopping all the way to the High Court

15 June 2016

Recently in Pt Bayan Resources TBK v BCBC Singapore Pty Ltd [2015] HCA 36, the High Court of Australia held that the Supreme Court of Western Australia has the inherent power to issue a freezing order relating to a pending judgment in a foreign court, which would be registrable in Australia pursuant to the Foreign Judgments Act 1991 (Cth).

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Succession Planning

Kids behaving Badly – Business Succession Planning

15 June 2016

The value of formalising business owners’ arrangements
Shareholders’ and unitholders’ agreements are increasingly being implemented for companies or trusts that involve two or more arms’ length parties. There are very good reasons for this trend: such agreements help to guide decision making, establish governance procedures and stipulate mechanisms to resolve deadlocks.

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homemade Wills

Hazards of Homemade Wills

15 June 2016

In some cases, homemade Wills can cost the deceased’s estate considerable expense. We share with you just how defective a homemade Will can be and how risky it is for appointed executors to try to obtain probate of a homemade Will without legal assistance.

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Superannuation

2016-17 Federal Budget: Focus on Superannuation

15 June 2016

For super fund members there were a plethora of changes in May’s Budget announcement. Most changes apply from 1 July 2017 apart from the lifetime cap on non-concessional contributions of $500,000, which applies from Budget night (3 May 2016) and counts non-concessional contributions from 1 July 2007.

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stamp duty

Good stamp duty news for foreign hotel buyers

10 June 2016

As you may be aware, there is a Bill (State Taxation and Other Acts Amendment Bill 2016) before the Victorian Parliament that will upon becoming law, have the effect of increasing the stamp duty surcharge on the acquisition by foreign purchasers of residential property in Victoria to 7%.

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Managing trust deed amendments

07 June 2016

This paper was presented to The Tax Institute, Western Australian Division, 29 April 2016

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Privacy Awareness Week

Obtaining patient consent to the collection of health information

17 May 2016

If you are a health service provider, all personal information that you collect about an individual to provide, or in providing a health service to that individual is classified as health information for the purposes of the Privacy Act.

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data breach

Are you ready to report a data breach?

17 May 2016

The effects of a privacy breach can extend beyond fines and apologies: the damage to a business’ reputation and goodwill can be costly and it may take years to rebuild.

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personal information

Transferring personal information offshore – how Australian businesses can minimise the risk

16 May 2016

Can Australian businesses send information overseas?

If your business discloses personal information to an overseas recipient, it may be accountable for any actions of the overseas recipient that would breach the APPs. This leaves your business with a significant exposure – your business could be found liable based solely on the actions of the overseas recipient.

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Capital Gains Tax

New foreign resident capital gains withholding payments regime

09 May 2016

Quick facts:

  • From 1 July 2016, any purchaser who acquires an Australian property with value of $2 million or more from a foreign resident vendor will be required to withhold and pay 10% of the purchase price to the Australian Taxation Office (ATO).
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Franchisor liable to franchisee for allowing incursions into territory

08 May 2016

Spanline Weatherstrong Building Systems Pty Ltd, a franchisor engaged in designing, manufacturing and selling home extensions (eg patios, roof awnings, covered verandas, and carports) gave permission to one of its franchisees (Marmax Investments Pty Ltd) to conduct business within the territory of another franchisee (RPR Maintenance Pty Ltd).

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budget

Federal Budget tax alert 2016-2017

03 May 2016

The Federal Treasurer handed down his first Budget (the government’s third) at 7.30 pm on 3 May 2016.

Download our full report >>

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Cooling Off Rights

PROPERTY ALERT >> Buyer Beware of Cooling Off Rights

28 April 2016

If you are considering buying a property, it’s important to be aware of the correct procedures for cancelling the contract if that should become necessary. A new Supreme Court ruling that saw a purchaser forfeit their deposit and pay damages sets a new precedent that all agents and buyers should follow.

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Road Safety

BREAKING NEWS: Road Safety Remuneration Tribunal Abolished

19 April 2016

In breaking news, the Road Safety Remuneration Tribunal (RSRT) was abolished by Parliament last night.

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Litigation Specialist

Insolvency and Litigation Specialist joins Rigby Cooke Lawyers

18 April 2016

Rigby Cooke Lawyers has continued its expansion program recruiting new partner Demian Walton to its Litigation and Dispute Resolution Group.

Rigby Cooke Lawyers’ Executive Chairman, Bill Karvela says,

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Will in Australia

Do I need a Will in Australia?

11 April 2016

I own property in Australia, what do I need to do to protect my interests?

If you have recently purchased property in Australia, then it is imperative that you protect your new asset. The first thing most people do is take out insurance to protect against fire, theft and damage but what most people forget to do is protect their assets against government intervention during times of incapacity or on death.

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volunteer-run group

Proud to assist vital community group, Scleroderma Victoria

11 April 2016

Scleroderma Victoria is a small volunteer-run group which provides support, information and advocacy for those living with scleroderma and their families. The organisation received portable oxygen concentrators (medical equipment) as part of a bequest, and started to loan these to terminally ill members who have lung complications due to scleroderma.

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cgt

CGT event time and options

04 April 2016

In structuring 30 June transactions it is often desirable to sign a contract before 30 June, but defer payment of capital gains tax (CGT) or the CGT event until a subsequent income year; particularly where settlement is deferred to a subsequent income year so there are no sale proceeds for the vendor to pay the tax or it is desired to set-off losses in the subsequent income year.

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franchising relationship

Good faith in the franchising relationship

16 March 2016

Key points

  • Parties to a franchise agreement should always act honestly in exercising powers and performing obligations under the agreement and the Franchising Code of Conduct
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Security of Payment

Is the Security of Payment Act truly a ‘pay now, argue later’ regime?

16 March 2016

The Building and Construction Industry Security of Payment Act 2002 (Vic) (the Act) has revolutionised dispute resolution processes in the civil, construction and engineering industries.

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freezing orders

Freezing Orders

16 March 2016

From time to time, where a party becomes aware that there is a risk that assets of another party to a dispute may be disposed of, it is necessary to apply to the Court for a freezing order.

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B doubles

Trucking mad!

16 March 2016

Rigby Cooke recently acted for a client that had entered into a sub-lease with a global transport and logistics provider. The site was to be used as a depot for our client’s business, which relies heavily on the use of B-Doubles.

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Chain of Responsibility

Traffic woes: How the M5 tunnel helped shape Chain of Responsibility laws

16 March 2016

Rigby Cooke recently acted for a client in a NSW Supreme Court case which clearly defined the Chain of Responsibility laws that relate to consignors and loaders of goods.

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Intervention Orders

Intervention Orders 101

09 March 2016

From time to time clients of ours find themselves in the position where they need to seek an intervention order (known in some states as an Apprehended Violence Order or ‘AVO’), usually in cases where they have been threatened by another party.

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oppressed

Am I being oppressed?

09 March 2016

The avid readers of InDispute may recall that each year our commercial Litigation and Dispute Resolution team act in numerous shareholder dispute matters.  These past 12 months have been no exception.

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subpoena

Responding and complying with a subpoena to produce documents to Court

09 March 2016

If you were served with a subpoena to produce documents to Court, would you know what to do and how to respond to it?

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oppressed

Pharmacy Location Rules considered by the Full Federal Court

29 February 2016

On 3 February 2016 the Full Federal Court handed down its decision in Assarapin v. Australian Community Pharmacy Authority. 1

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freezing orders

Record Fines issued for breaches of Chain of Responsibility Laws – the reality of COR is sinking in

26 February 2016

Scott’s Transport has been issued with what appear to be the most severe penalties for breaches of Chain of Responsibility laws in Australia to date.

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poorly executed performance improvement plans

Your Employment is Terminated

26 February 2016

A recent decision of the Supreme Court of NSW1 has provided a timely reminder of the importance of ensuring the existence and currency of employment contracts.

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Pharmacy Location

Assarapin v Australian Community Pharmacy Authority

26 February 2016

Key Points

  • The purpose of the Pharmacy Location Rules is to reduce the cost to the Commonwealth of administering the Pharmaceutical Benefits Scheme, not to protect individual pharmacies’ geographic markets.
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deeds of indemnity

Do your deeds of indemnity for officers and directors require review?

29 January 2016

  • A recent court decision highlights the need for companies to review deeds of indemnity given to the company’s directors
  • The decision illustrates the importance for officers and employees of having effective and extensive directors and officers insurance from the outset
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Safe Harbour ruling

What is the European Court of Justice Safe Harbour ruling?

11 October 2015

The European Court of Justice has ruled that a 15-year-old agreement allowing companies to transfer personal information from servers within the European Union to servers in the United States is invalid.

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Offshore income

Project DO IT (disclosure of unreported offshore income): update on ATO activity

01 December 2014

Disclosure statistics released

  • The ATO has announced that, at 30 June 2014, there had been 166 disclosures, 250 expressions of interest (where taxpayers have identified themselves and said they will be making a disclosure) and more than 600 general enquiries in relation to Project DO IT.
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Rigby Cooke Lawyers is on the move

14 March 2014

One of Australia’s oldest law firms, Rigby Cooke Lawyers is on the move.

The full service commercial law firm, which can trace its heritage back to 1848 and has included partners such as former Australian Prime Minister, Mr. Harold Holt, is moving to state of the art offices over 2 floors in Melbourne Central Tower at 360 Elizabeth Street, Melbourne.

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Security of Payment Update – June 2013

30 June 2013

Service by Email – Effective?

Construction contracts can permit the service of notices by email, however, determining the time at which the email is deemed to have been served or received is problematic and may have implications in the event that a matter proceeds to adjudication.

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