With businesses around Australia compelled to meet extraordinary challenges throughout the Coronavirus epidemic, the Government has taken the decision to extend the temporary insolvency and bankruptcy protections until 31 December 2020. The original scheme was clearly designed to make it harder for any creditor to force a business into insolvency in response to a statutory [...]
The Whistleblower legislation was introduced in 2019 for the protection of any person who has reasonable grounds to suspect that they have information indicating that a company or its officer or employee has engaged in certain conduct that breaches specific acts of parliament that apply to the entity or its officers. Sometimes, people experiencing an employment dispute [...]
Why is a Risk Management ‘framework’ important? No matter what the business decisions or activity, there is inherent risk at every step of the way. A business needs to manage its risks because they have a direct impact on the rewards. Generally, the greater the risk, the greater the possible returns, but taking a ‘long [...]
Why is a Risk Management ‘framework’ important? No matter what the business decisions or activity, there is inherent risk at every step of the way. A business needs to manage its risks because they have a direct impact on the rewards. Generally, the greater the risk, the greater the possible returns, but taking a ‘long [...]
The National Redress Scheme for Institutional Child Sexual Abuse Act 2018 (Cth) (Act) became law on 1 July 2018. It establishes a system of redress for survivors of past institutional child sexual abuse and applies now to all States and Territories. The Scheme is designed to provide a simple and streamlined alternative to taking civil [...]
Regardless of whether you run a small business or whether you are involved in a not for profit association or even a large publicly listed entity, the control your organisation and its success will depend upon the decisions that you make. Each decision you make always have a risk associated with that decision. It is [...]
From 12 November 2016, a new law will protect small businesses from unfair terms in standard form contracts. Essentially the new law amends the Competition and Consumer Act 2010, and it is important for businesses to understand how it will impact the way in which they enter into contracts. […]
