September 2018 | Jonathan Harris "There is something special about Bitcoin that makes it inherently resistant to government control. It is built on code. It lives in the cloud. It is globalized and detached from the nation-state, has no own institutional owner, operates peer to peer, and its transactions are inherently pseudonymous. It cannot be regulated in the same way as the stock market, government currency markets, insurance, or other financial sectors." - Jeffery Tucker (American economist and writer).
August 2018 | Les Stubbs In our experience with clients we see some confusion exists as to the meaning of the terms ‘separation’ and ‘divorce’. Many clients believe these terms are interchangeable, but, they have entirely different meanings in family law. Separation A ‘separation’ occurs when one party to a relationship ends the relationship. Many times they will communicate intention to end the relationship. However, sometimes they will just walk out. It is not required that the decision be
August 2018 | Scott Freidman There are many reasons why a company might find itself in financial difficulty. Even if your company appears to be running well, it is important to know what to do if things go wrong. Adopting a ‘head-in-the-sand’ approach won’t make things better. How and how quickly a business reacts to periods of financial pressure determines its success and ability to recover. Generally speaking, when a company is experiencing serious financial difficulty, company directors have
August 2018 | Scott Freidman On 22 February 2018, significant amendments to the Commonwealth Privacy Act 1988 came into effect establishing the Notifiable Data Breaches (NDB) scheme in Australia. Prior to these amendments, there was no legal requirement for entities (private or otherwise) to notify individuals whose personal information had been breached. The statutory changes are a positive step towards the protection of personal information. But what do they mean for business owners? What are the changes? The amendments
July 2018 | Jonathan Harris & Charlene Hunt Preparing a Will won’t stop someone making a claim against your Estate, but it is a clear record of who you wanted to give your assets to. If you die without a Will, you are said to have died ‘intestate’. In NSW, if you die intestate, your Estate will be distributed as follows: (a) a spouse with no children → your spouse will inherit the whole estate. (b) a spouse with children