Recovering debt

Recovering debt

Most businesses will need to recover debt at some stage. Adopting credit control practices and a debt recovery procedure can help prevent debt and promptly collect outstanding payments. To minimise your risk of debt, it is a good idea to review the terms and conditions in your contract. A contract should specify what goods and…

Unfair contract terms extended to small business

Unfair contract terms extended to small business

A new law, introduced from 12 November 2016, will protect small businesses from unfair terms in standard form contracts. A standard form contract is one that has been prepared by one party to the contract and where the other party has little or no opportunity to negotiate the terms. Small businesses enter into and renew…

Meeting your employee obligations

Meeting your employee obligations

Employees are arguably a business’s greatest asset and are vital to its growth and prosperity. But to make the most of this valuable resource, employers must ensure that they fulfil their legal responsibilities and moral obligations as an employer. To help avoid having a call from the Fair Work Ombudsman, here are a few points…

Mutual Will Agreements

Mutual Will Agreements

Many of today’s Australians embark on second and marriages early in life. Quite often, each partner to the new the marriage has children from a prior marriage, and the two families merge into one new blended family. Blended families can create a number of estate planning needs and concerns, such as what the children of…

New high income threshold

New high income threshold

The Fair Work Commission has increased the high income threshold for unfair dismissals from $136,700 to $138,900 per annum, with effect from 1 July 2016. Under the Fair Work Act 2009, employees who exceed earnings above the high income threshold are not entitled to make an unfair dismissal claim against their employer, unless they are…

Intellectual property law basics

Intellectual property law basics

While intellectual property can be a valuable business asset for business owners, it must be legally protected if a business owner wants to increase the value of their business. Intellectual property can add further value to a business when it is sold. Intellectual property is the collection of ideas and creations of your mind or…

Five reasons to write a Will

Five reasons to write a Will

Those who don’t have a valid Will are overlooking a significant opportunity to plan for their family’s future. Writing a Will can help when distributing assets upon death, choosing executors, setting out funeral arrangements and even appointing guardians for infant children. While many Australians already have a Will, a number of those have a Will…

Social media and employee termination

Social media and employee termination

Terminating an employee over inappropriate social media use may seem like appropriate action; however, employers need to be mindful of the legal minefields that can occur if the termination is unfair. Social media blurs the boundaries between public and private, and employers are often worried that an employee’s “private” posts on social media can have…

Changes to Australia’s employment laws

The start of the new 2016/17 financial year has seen some important changes to Australia’s employment laws. Every Australian employer has a responsibility to remain up to date and aware of any amendments made to employment laws to ensure that they remain compliant and continue to meet their obligations. Below are some important changes that…

Misleading conduct on social media

Misleading conduct on social media

Businesses are becoming increasingly dependent on social media as a marketing tool and way to interact with existing and potential customers. Although social media draws many benefits for businesses and customers alike; social media needs to be treated like traditional forms of advertising in that comments and opinions are not false, misleading or deceptive. Business…