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A $2 million-dollar error: What SMSF professionals can learn from the auditor liability cases

In brief: The cases of Cam & Bear Pty Ltd v McGoldrick [2018] NSWCA 110 and Ryan Wealth Holdings Pty Ltd v Baumgartner [2018] NSWSC 1502 highlight SMSF audit risk and provide highly useful, transferable lessons for accountants and...
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Selective Share Buy-Backs – a strategic business move

In brief If a shareholder wants to leave a company and dispose of their shares, a Selective Share Buy-Back can be a strategic tool available to the remaining shareholders. What is a Selective Share Buy-Back? There are times when one...
14 August, 2020

Parents telling you what to do: useful information for directors of subsidiary companies

Are you a director of an Australian subsidiary company? Does your parent company expect you to sign or accede to company group arrangements from time to time? You could personally be at risk and also place the company of which...
12 August, 2020

Watch this space: changes to the Retail Leases Act (Vic) coming soon

The Retail Leases Amendment Bill 2019 (Vic) (Bill) is one step closer to coming into effect and has passed through the Lower House of the Victorian Parliament. The Bill must pass through the Upper House before becoming law so in...
12 August, 2020

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