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Legal Alerts

2019 Changes to Australian Space Law will Assist Industry Participation

On 31 August 2019, the Space (Launches and Returns) Act 2018 replaced the existing Space Activities Act 1998. The new regulatory framework for space access is designed to reduce barriers…

Contractors v Employees: Differentiating the two in today’s ‘Gig Economy’

Freelance or ‘gig’ work is on the rise, and businesses are taking notice of this change within the workplace as well as the desire for it. You only have to…

Legal Professional Privilege is a Shield, not a Sword – Australian High Court backs ATO

Glencore International AG v Commissioner of TaxationOn 14 August 2019, in Glencore International AG v Commissioner of Taxation, all seven justices of the High Court of Australia unanimously dismissed Glencore’s…

Setting up companies and trusts proves a tax trap for winemakers

Winemakers can run into significant tax problems after transferring their businesses to a company or trust structure. While income tax relief may be available on the transfer of the business…

Understanding Agribusiness Succession and Asset Protection

It's important to have a succession plan in place. Especially when it comes to families engaged in agribusiness, as asset protection and estate planning can often be a particularly difficult…

We’re Moving – Finlaysons to Join U City Community in 2020

Finlaysons is excited to announce that our Adelaide Head Quarters will be moving to the new Uniting Communities building, U City, in July 2020.The 20-storey U City building will open…

SA Liquor Licensing Reform – “New” Categories of Liquor Licences

The Liquor Licensing (Liquor Review) Amendment Act 2017 (SA) introduced significant changes to the liquor licensing regime in South Australia. The changes have been implemented in stages. One of the…

Could the ATO Inadvertently Become a Beneficiary Under Your Will?

Avoid the common misconception that no tax is payable on the transfer of assets on death to beneficiaries under a WillIt is commonly assumed that no tax is payable on…

Changes to ‘Large Proprietary Company’ Thresholds

The change to ‘Large Proprietary Company’ thresholds brings widespread reporting relief for FY 2019–20. A ‘proprietary company’ may either be classified as ‘small’ or ‘large’ under section 45A of the…

Have you Adopted your Whistleblower Policy?

The new Whistleblower laws introduced by the Treasury Laws Amendment (Enhancing Whistleblower Protections) Act 2019 (The Act) are now in effect. The new laws will require companies to adopt policies…

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