Archive for August 2020
HomeBuilder Scheme 2020
The Federal Government recently announced the HomeBuilder scheme in an effort to boost Australia’s limping construction sector by providing eligible applicants $25,000 to put towards building a new home or the renovation of an existing one. The scheme is a tax-free grant and is estimated to directly support 140,000 jobs across the country. Eligibility Criteria…
Read MoreGeneral Protections Complaint – Huge future economic loss $Pay-out due to COVID-19
$664,601.38 payout! A staggering amount was awarded to an employee for breach of the General Protections – a substantial portion of this was assigned to the difficulty the applicant would have in obtaining employment in the current COVID-19, pandemic effected environment. TheFederal Circuit Court (FCC) has recently awarded an employee compensation to the tune of…
Read MoreChallenging suspected falsified medical certificates
In Australia ‘sickies’ have become part of our identifiable culture. They are joked about with work mates and celebrated within social circles, but for businesses they are a serious problem, impacting both the productivity and profitability of an organisation. With a growing number of questionable medical certificates being used to access sick leave, many employers…
Read MorePowers of Appointors of Discretionary Trusts
Trusts can be beneficial mechanisms for asset protection and tax purposes. There are various types of trusts each with its advantages and disadvantages depending on the desired purpose. Discretionary trusts, sometimes referred to as family trusts, are particularly beneficial for small businesses and estate planning. There are four main roles in a discretionary trust, as…
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