Do I need a shareholders’ agreement?
Miscommunication about an unwritten arrangement nearly cost brothers $200,000 A case that was heard in the Federal Court in August 2019 involved three brothers who set up a family business, but did not put the arrangements of the business in writing. Instead, the brothers relied on ‘trust and familial...Read More
Murky waters: What is “responsible lending”?
On 13 August 2019, Justice Perram dismissed a case that ASIC brought against Westpac in regard to responsible lending laws. Ultimately, Justice Perram decided that Westpac’s use of an automated process for loan approvals was not a breach of responsible lending. The decision leaves us asking: Will banks ever...Read More
I’ve just bought a property, what are my rights?
I’ve just bought a property, what are my rights? Buying a house or apartment can be both exciting and stressful for many people. Whether you’re a first home buyer, thinking about purchasing an investment property or you need to upsize to a family home, there are a few important things...Read More
Are you keeping your clients’ safe? If not, what are the consequences?
Are you keeping your clients’ safe? If not, what are the consequences? In the past month, both Westpac and the Australian National University’s databases were reported as being breached. The ANU released a report on June 2019 which said their database had been illegally accessed in late 2018 and only...Read More
Beware of the comments made to your social media posting
THE VOLLER CASE The recent case of Voller v Nationwide News Pty Ltd; Voller v Fairfax Media Publications Pty Ltd; Voller v Australian News Channel Pty Ltd  NSWSC 766 in the Supreme Court of New South Wales has held that media companies that are the owner of a...Read More