Electronic Signatures – Risks And Benefits Explained

Written by rouse_admin on July 29, 2016
Electronic Signatures

Is The Pen Mightier Than The Pixel? Electronic Signatures vs Traditional Paper

Ever wondered why checkboxes are so popular online? From ordering pizza to signing up to Spotify, we’re constantly asked to “agree to the terms and conditions”. Heck, one day, you’ll probably check a box to get married! We may not always think of these little boxes as electronic signatures, but they in fact operate in the same way as traditional paper contracts. Do you ever consider the risks and

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Selling Property? Be Sure You Know The New Withholding Tax Regime

Written by rouse_admin on July 26, 2016

Australian Sellers Beware! 3 Things You Need To Know About The New Withholding Tax Regime

From 1 July 2016, new legislation requires Australian residents selling real estate and other assets with a market value of $2million or more to obtain a clearance certificate from the ATO by settlement. The aim of the new withholding tax regime is to protect the integrity of the foreign resident capital gains tax regime, by ensuring that foreign sellers do not escape their liability to pay

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The Right Structures For Property Development Mean Tax Advantages For You

Written by rouse_admin on July 4, 2016

Structures For Property Development

The choice of structures adopted for any property development project often has a key bearing on the tax implications and commercial viability of that particular project. Capital gains tax (CGT) is an important consideration for investment property or development projects in Australia, as is the relationship between property development and company tax rates.

In this article we consider structure options for:
1. landowners that have held land for investment (e.g. farm, lifestyle property or family home) now suitable for

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Estate Planning Means Passing On Your Success Not Distress

Written by rouse_admin on July 4, 2016

Estate Planning: How To Pass On Your Success Without Distress

No one likes to think about life coming to an end, but if you’ve worked hard and reaped the rewards of your efforts, you’ll want to pass the fruits of your success to loved ones – without distress. Estate planning and making a legally binding will are just some of the ways to ensure your family is looked after and your assets are not left in limbo.

Failing to plan for your

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Licensing Your Intellectual Property Protects Your Ideas. Here’s How.

Written by rouse_admin on July 3, 2016

Licensing Your Intellectual Property

If you have created intellectual property (IP), knowledge about correct licensing practices is crucial to prevent other people from copying your ideas unlawfully.

By licensing your intellectual property to someone else, in accordance with intellectual property law in Australia, you can control how they use your ideas.

Categories of IP licence

There are three categories of IP licence. These determine who can use your intellectual property and how it can be used:
• a sole licence
• an exclusive licence
• a non-exclusive

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3 Ways to Effortlessly Reduce Risk

Written by rouse_admin on June 9, 2016

1. Put it in Writing.

We can’t say this enough. Put every deal in writing.

Why is this ‘effortless’? Think of the alternative. If everyone made sure their agreements (and any variations) were clear and in writing, our litigation team would be out of business.

Call us cynical, but handshake deals are a thing of the past. With constant access to technology like smart phones, there’s no reason not to make sure there’s a record of the deal that has been struck.

2. Know

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Fair’s Fair: Small Businesses Gain Unfair Contract Protections

Written by rouse_admin on May 9, 2016
Untitled design (23)

Crooks, watch out! From 12 November 2016, there will be some important new amendments to the Australian Consumer Law and the ASIC Act.

These amendments will expand consumer protections to business owners. Starting in November, small businesses will be protected against ‘unfair’ provisions in contracts.

When Will the New Rules Apply?

There’s a few exceptions, but essentially, the amendments will apply where:

the contract is for the supply of goods or services, or the sale or grant of an interest in land;
at least one

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Credit Card Fee Battle Hits High Court

Written by rouse_admin on February 4, 2016

A High Court challenge starting today in Canberra will determine whether bank customers should be reimbursed hundreds of millions of dollars in credit card late-payment fees.

Thousands of ANZ customers are part of a class action hoping to convince the High Court the fees are illegal.

At the crux of the challenge is the disparity between late fees charged by the bank, and the actual loss suffered when a customer pays a credit card late.

Customers say the late fees they were charged

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10 Things You Need To Know About Creditors’ Statutory Demands

Written by rouse_admin on February 4, 2016

1. A Creditors’ Statutory Demand can be used by a creditor owed at least $2,000 by a company.

2. The debt must be due and payable – a common mistake is to issue a statutory demand for a debt (or part of a debt) which is not yet due. For example, the demand might include a number of outstanding invoices, but the most recent invoice issued to the debtor is not yet payable.

3. There must be no “genuine dispute” about the

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Creditor’s Statutory Demands: Friend & Foe

Written by rouse_admin on February 4, 2016

Where a creditor is owed at least $2,000 by a company, the Corporations Act 2001 (Cth) contains a powerful mechanism to recover that debt:  a Creditor’s Statutory Demand (statutory demand).

The Debt
A statutory demand is essentially a notice to a debtor company that it is required to pay the debt(s) set out in the statutory demand within 21 days of service, or a presumption of insolvency will arise. This presumption allows the creditor (or anyone else for that matter) to take

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