From 12 November 2016, small businesses will receive important protection from unfair terms in standard form consumer contracts.

On 10 October 2016, the Federal Government released an Exposure Draft to amend the debt and equity rules in Division 974 of Income Tax Assessment Act 1997 for the purpose of implementing recommendations made by the Board of Taxation in its April 2015 report Review of the Debt and Equity Tax Rules.

Harwood Andrews was a gold sponsor of this year’s Mellow in the Yellow fundraising event held on 8 October 2016. One of our senior associates, Euphemie Barr, was on the event committee and helped coordinate various aspects of the event. 

Harwood Andrews have added another Law Institute of Victoria Specialist to an already impressive line-up of legal professionals. 

It is an unfortunate fact of life that running a business will not always go smoothly, and occasionally disputes will arise between business owners and business investors. A unit trust is a popular structure for conducting a business, but it has traditionally presented business owners and investors with some difficulty when seeking to resolve their disputes. 

The Government has released the second round of draft rules for the implementation of the superannuation reform package announced in the 2016-2017 budget, which includes draft legislation for the 5 year concessional contributions catch-up measure.

The Government has released the second round of  draft rules for the implementation of the superannuation reform package announced in the 2016-2017 budget. This tranche includes the draft legislation for the proposed $1.6 million super pension cap, which essentially limits the amount that a member can hold in a pension account to $1.6 million from 1 July 2017.

The Government has released its second tranche of draft legislation to implement the proposed superannuation budget measures.