Our Blog
At fc lawyers we’re strong believers in giving back, we believe that we need to take an active role in the greater community to help create a better world for not just us, but everyone. Scroll down and see how we are continually engaging in the community to make a true difference.
Why do we do Verification Of Identity (VOI) checks?
What is a Verification Of Identity (VOI)? A verification of identity, or VOI as we will call it for the purpose of this blog, is a procedure taken to ensure…
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Resolving Partnership Disputes
Partnerships are unique in that whilst they can be relatively inexpensive to set up, a partner is exposed to being sued individually and is jointly and severally liable with the…
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Changes to Enterprise Bargaining in Australia
From 6 June 2023 onwards, significant changes have been made to enterprise agreements and bargaining methods by the Fair Work Commission (FWC). Before identifying the changes, it is imperative to…
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Keys Terms in a Shareholder or Security Holder Agreement
What is the difference between a Shareholder and Security Holder Agreement? There is no difference - Shareholders Agreements are often referred to as Security Holders Agreements (SHA). They are both…
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Property development through a Self Managed Super Fund (SMSF)
We are often asked by clients are they allowed to undertake property developments through their SMSF. It is an attractive proposition and can result in handsome returns, but it has…
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When a Charity needs new Board Members
Charities and not-for-profit entities have turnover and change just as for-profit companies experience. However, as many charities are companies limited by the liability of their members, the process to change…
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What is a New (or Near New) Dwelling Exemption Certificate?
There are two types of residential property exemption certificates which will not require a foreign person to have to obtain FIRB approval for a particular property. These are: a New…
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Business sales and share transfers – don’t forget the landlord!
Building up a business is hard work. Developing relationships with customers and suppliers. Employing and managing staff. Red tape and paperwork. Putting out spot fires daily. And then, one day,…
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Annual General Meetings for Charities
Just after the end of financial year, you may notice that many companies hold Annual General Meetings (AGM) and many charities are no different. What are Annual General Meetings? An…
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Employment rights to be entrenched in Fair Work Act
As we find ourselves in the second half of 2023, it is important to keep up to date with changes the Australian Government is making, or has made, to the…
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When am I exempt from applying for FIRB approval?
There are certain circumstances under the FIRB legislation which do not require a foreign person to apply for FIRB approval when purchasing land and a few of the most common…
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Superannuation Increase 2023
The Super Guarantee for the 2023/2024 financial year has increased to 11% of earnings. This is in line with the Federal Government’s amendment to the Superannuation Guarantee (Administration) Act 1992…
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