High Court Confirms: No Statutory Set-Off Against Unfair Preference Recoveries
In Metal Manufactures Pty Ltd v Morton [2023] HCA 1, the High Court has confirmed that statutory set-off under s 553C cannot be used to reduce unfair preference recoveries.
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How McCarthy Durie Lawyers Is Approaching AI — Securely, Responsibly, and for Your Benefit
Artificial intelligence has become one of the defining topics of our time, transforming industries and reshaping how businesses operate. As your trusted legal advisors, we want to share how McCarthy Durie Lawyers is navigating this evolving landscape
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Director Penalty Notices: What Company Directors Need to Know in 2025
In 2025, the Australian Taxation Office (ATO) has significantly increased its enforcement of Director Penalty Notices (DPNs), a tool that holds company directors personally liable for certain unpaid company tax debts. This heightened activity undersc
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A Timely Reminder to All Bodies Corporate to Obtain Proper Insurance
A recent Adjudication (Body Corporate for Mihi Grove, 27 February 2025) provides a compelling reminder that all Bodies Corporate must be aware of their insurance obligations. Background Mihi Grove is a 43 lot scheme in the Ipswich City Council (ICC
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Major Employment Law Changes – Wage Theft, Penalties & Superannuation
Effective Dates: Wage Theft & Civil Penalties: 1 January 2025 Wage Theft & Civil Penalties: 1 January 2025 Superannuation Changes: 1 July 2025 and 1 July 2026 Superannuation Changes: 1 July 2025 and 1 July 2026 1. Criminalisation of Wage Theft
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ASIC Updates Guidance to Support Guidance to Support Directors in Preventing Insolvent Trading
by Drazen Kozaric On 6 December 2024, ASIC released an updated Regulatory Guide 217 (RG 217), providing revised clearer guidance for directors and advisers on preventing insolvent trading, including expanded advice on the safe harbour defence. Dire
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What to look out for in a lease for a franchise business
Questions to ask yourself before you sign As a new franchise business owner, in most cases you’ll be operating your business from commercial premises – which in most cases means you’ll need to arrange a lease for your business.Naturally, every franc
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