Written by rouse_admin on February 21, 2017
The superannuation reform announced in the 2016 Federal Budget have largely been implemented.
Many of the changes simply adopt the government announcement.
However, there are some changes that are not so obvious which require strategic planning action, and provide opportunities to add value. Our take on these less obvious changes as set out below.
Excess Transfer Balances
There is a general misconception that where a member’s balance exceeds the transfer balance cap ($1.6 million), there is a requirement to reduce the balance prior to
Written by rouse_admin on February 15, 2017
IP Australia, the government agency responsible to administer intellectual property rights and legislation in Australia has released their new search engine for trade marks.
If you are familiar with their previous search engine (ATMOSS), you are in for a treat. The new interface is simpler, more user-friendly and is teeming with new features to help make searches quicker and easier.
What is new?
The new Quick Search features (in the “I am interested in …” section) now offer helpful tips and descriptions,
Written by rouse_admin on February 14, 2017
The 2016 Federal Budget proposed the most significant reform to superannuation since 2007.
Much of the legislation for the implementation of that reform has been implemented with the passing of the Treasury Laws Amendment (Fair and Sustainable Superannuation) Act 2016.
Many of the changes included in the legislation will be obvious: pension exemption limit of $1.6 million, changes in contribution caps, removal of anti-detriment deductions, changes in thresholds, etc.
However, some of the changes included are not so obvious which provide traps for
Written by rouse_admin on February 7, 2017
Don’t get Grill’d over your traineeship agreements
Grill’d, the popular fast food burger chain was recently in the media over allegations by the Young Worker’s Centre (YWC) of Victoria that Grill’d is prolonging it’s traineeships as a way to reduce their employees’ hourly wage.
YWC made the allegation on behalf of a current Grill’d employee.
Following the allegations, the founder of Grill’d, Simon Crowe, released a statement (that can be found on their website) standing behind the company’s practices.
What is a traineeship?
Written by rouse_admin on February 6, 2017
Social Media Policy For Employees- Why You May Still Be Vulnerable
Social media is embedded in our society as a means of engaging and interacting with others in a professional and personal capacity. There are many social media sites with large numbers of users (including Facebook, Instagram, Twitter, Snapchat, LinkedIn, Youtube, Google+, Whatsapp, Tumblr and Pinterest – to name a few) and the list is growing.
All business’ should consider implementing a social media policy as part of the business’ human resource
Written by rouse_admin on January 17, 2017
Australian Consumer Law: Valve Gets Steamed By ACCC In ‘No Refunds’ Case
The Federal Court of Australia has handed an A$3million fine to Valve Corporation for breaches of the Australian Consumer Law (ACL).
Valve operates Steam, which is a popular platform for online distribution of computer games. The case involved the issue of consumer rights when it comes to obtaining refunds for ‘faulty’ software purchased on the platform.
Breaches of the Australian Consumer Law
Customers are required to accept a Steam Subscriber Agreement to use
Written by rouse_admin on November 29, 2016
Intergenerational Transfers Affected by Changes to the Duties Act 2001 (Qld)
New transfer duty concessions will now be available for transferees, particularly in relation to intergenerational transfers of prescribed and primary production businesses, pursuant to the Queensland Government’s welcomed changes to the Duties Act 2001 (Qld) .
How does this affect eligibility?
Transfer duty concessions are now available for primary production businesses or prescribed businesses. A primary production business is a business of agriculture, pasturage or dairy farming. A prescribed business solely involves
Written by rouse_admin on November 22, 2016
Putting Off Making A Will? Don’t Wait. Here’s Why.
We are never able to predict when or how our time will come. Of all the things on our lengthy to-do lists, making a will is one of the most important things you can do for your family’s future. Have you been putting off drawing up your will?
If this is something you haven’t managed to do yet, you’re not alone. We at Rouse Lawyers’ Estate Planning department understand that it can be
Written by rouse_admin on November 15, 2016
Body Corporate Management Case Study: The Most Expensive Balcony In Queensland?
The High Court has recently overturned a Queensland Court of Appeal decision to find in favour of a body corporate, which was fighting an owner’s attempt to use common property airspace to expand two balconies in his apartment.[i] The essential issue before the High Court was whether the body corporate had acted reasonably in refusing the owner’s request.
Always get advice from a reputable property lawyer if you face challenges with
Written by rouse_admin on October 26, 2016
When a franchisee chooses to enter to a franchise their decision will be largely based on the reputation and success of that system. Unfortunately, even the most reputable systems can fail and franchisees can be left questioning whether they can keep their business. This situation has recently been highlighted through the current appointment of administrators to Eagle Boys, but of course Eagle Boys may work through the administration.
When a franchisor becomes bankrupt or has liquidators appointed (aka ‘goes bust’), the