news

Temporary changes to insolvency and bankruptcy laws due to COVID-19

The Federal government announced on Sunday that it intends to temporarily make amendments to legislation to give effect to some relief to be provided to individuals, companies and their directors facing financial difficulty in the current Covid-19 pandemic induced economic crisis. Those changes will result in amendments to the Corporations Act 2001, the Bankruptcy Act… Read more

High Court rules that Group CEO was an ‘officer’ of subsidiary

On 11 March 2020, the High Court changed the perception that had previously been accepted that an officer of a corporation was a person who held an office in a corporation in the ordinary sense of that word, and who participated in the management of that company by implying that rationale to the definition of… Read more

Important changes to the Retail and Commercial Leases Act 1995 (SA)

On 12 December 2019, the Retail and Commercial Leases (Miscellaneous) Amendment Bill 2019, amending the Retail and Commercial Leases Act 1995, passed both houses and received royal assent on 19 December 2019. The Bill will come into effect on a day to be fixed by proclamation, which is planned for early 2020. For further information… Read more

PPS CHECK-UP

Have your registrations expired? The PPSR has now been operational for over seven years, and it is important that you check the expiration dates of your registrations.  Once a registration expires, its priority is lost and it cannot be extended.  For further information on how to check and extend your registrations, click here.