Recent News
Can I draw money out of my SMSF?
Can my SMSF lend me money? The short answer is no. Your Self Managed Super Fund (SMSF) cannot lend money to you or any of your relatives; the SIS Act, in Section 65, states that superannuation funds (including SMSF’s) are not permitted to provide financial assistance...
Defamation and Social Media
Watch what you post on Social Media If you have a Netflix subscription, chances are you’ve probably either watched or heard about ‘The Social Dilemma’. The popular Netflix Documentary highlights the problems with Social Media, focusing on how social media companies...
JobMaker Hiring Credits – FAQ’s
The JobMaker Hiring Credit - Your Questions Answered Over the last two weeks, we’ve received a number of questions concerning the JobMaker Hiring Credits. We’ve compiled this list of frequently asked questions and put them all here together. When does the JobMaker...
JobMaker Plan – An overview
Last week, as part of the Federal Budget, the Australian Government announced its $74 billion JobMaker Plan, designed to support a stronger economic recovery and bring more Australians back to work. In essence, the JobMaker Plan is made up of 6 key elements: Lowering...
Extensions to JobKeeper
What to know about the latest extensions to Job Keeper The Australian Government JobKeeper Payment has been extended. If you haven’t yet assessed your turnover position, you still have time. Here’s what you need to know: The required fall in GST turnover...
Criminalisation of Wage Theft – Are you at risk?
The wage theft epidemic In recent years the seemingly regular news of large companies (such as 7Eleven, Woolworths, Coles, Target and IBM) and high profile restaurateurs discovering they have been systemically under-paying staff has been described as the “wage theft...
So what exactly is litigation?
Litigation… it’s a word we’ve all heard many times before. But what does it really mean? And where does it fit amongst all the legal terms? We sat down with Greenhalgh Pickard’s Litigation lawyer, to chat all things litigation. What is...
Buying property through your Self Managed Super Fund
There is still a lot of uncertainty around the future of our property market. Most forecasters are predicting a drop in property prices, but by just how much is still unknown. Whilst property only makes up around 13% of the total estimated...
Jobkeeper
The last few months have been an intense period of survival for many business owners, and it’s not over yet. This next phase will be one of inevitable scrutiny, particularly around JobKeeper entitlements. Here’s what you need to know. Errors in...
Early access to Super
As at the end of June 2020, Australian’s had accessed $25billion in early access Super, a Government scheme put in place to help people financially affected by the ongoing Coronavirus Pandemic. When the scheme first opened back on April 20,...
The Australian Government HomeBuilder Grant – what you may or may not know
If you’ve been thinking of building a new home, you’ve probably heard about the HomeBuilder Grant, currently offered by the Morrison Government; a $25,000 grant to put towards a new build or a renovation. If you’ve never owned a home before, you’re also eligible for...
Returning to work
Developing your ‘Return to Work’ plan needs to include more than just hand sanitizerFollowing the Government’s 3 Step Framework released on 8 May 2020, many employers who have had their business closed or restricted during the COVID-19 period are working out a...
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