Expert Advice

Landlord insolvency tips: What you should do when a corporate tenant enters insolvency
Property
No landlord wants to find themselves in a position where a tenant who has recently entered into a ten-year lease with an option to renew for five years, becomes insolvent. However, there is always a risk a tenant will become insolvent during the term of a lease. As a landlord, you need to be aware of your rights if this...
Employment law: New year, new start – navigating employment contracts
Business Law
If you have just managed to score that coveted dream job, the last thing you're probably thinking about is the technical ins-and-outs of your employment contract. If you can bring yourself down from that elated high for just a minute though, it might be worth scrutinising your 'employee welcome pack' and ensuring everything is above board. If you have some...
Does getting married revoke your Will?
Family Law
Although many of us suffer from the illusion that life goes on forever, most of us are also smart enough to understand the importance of having a Will. It’s that little piece of paper that assures you, and your loved ones, that they will be cared for if/when something were to happen to you. But, many of us also struggle...
Same Sex Marriage Reforms and your Will
Family Law
The recent amendments to the Marriage Act, that came into effect as of 9 December 2017, may have inadvertently revoked your Will. For couples in the ACT, getting married automatically revokes any Will you have in place before marriage – unless your Will specifically states that it was made in contemplation of marriage. There are similar laws in other states...
Christmas is a good time to discuss who will take care of your pet if you pass away…
Family Law
Christmas is a time for family, right? Well, it is for most of us. It’s a time to get together over a meal, and a few drinks, and talk about how little Joey and Suzie have grown. According to Michelle Gold, Wills and Estates specialist at Meyer Vandenberg Lawyers, it is also a time to consider some of the more...
Tackling trusts
Expert Advice
Speak with any well-informed insolvency practitioner and, aside from the sweeping law reform being foisted upon the industry, a major issue occupying the minds of many is the tricky task of winding up trust-related enterprises. Why tricky? It all came about as a result of some recent case law that has effectively inverted the commonly-understood regime of dealing with the...
Cyber Security implications of IoT devices
Cyber Security
The Internet of Things (IoT) refers to the growing network of devices that are embedded with network connectivity, allowing them to collect and exchange data, and be accessed through the internet. Some examples include vehicles, home automation devices, appliances, and building management systems. IoT is driving automation, however the proliferation of IoT devices also increases the attack surface and risks...
Supply Chain Funding a game changer for suppliers
Cash Flow Solutions
When working capital dries up suppliers operating in the B2B space traditionally resort to debtor finance. It's a viable solution for many, but requires care when choosing a provider. Qualifying for a facility can be hard, fees can be high and lock in contracts can be expensive to break. The recent introduction to Australia of Supply Chain Funding, or supplier...
Joining the crowd – Crowd Sourced Equity comes to Australia
Business Law
Recent Federal Government measures have made it easier for start-ups and small businesses to raise capital through Crowd Sourced Equity Funding ("CSEF"). CSEF platforms such as Indigogo and Kickstarter, allow investors to make small financial 'investments' in emerging companies in exchange for equity in the business. Are you eligible for CSEF? From 27 September 2017, unlisted public companies with less...
End of Financial Year preparation: Magical touch on your books!
Bookkeeping
With end of financial year (EOFY) fast approaching, the Tailored Accounts team is counting down to the last day of the financial year! You may wonder why EOFY often becomes such a hectic time for bookkeepers and accountants. I hope this article can shed light on the inner processes of EOFY preparation. The following list articulates the main examples of...
Don’t just buy impressions – make an impression!
Expert Advice
Last week, a business owner who has been finding it hard to grow their business, told me that digital marketing does not work for them. When I hear people make such strong claims, I feel disappointed for two reasons - one, some digital agency did not do their job properly and two, this old established business is possibly giving business...
Follow the money
Property
It is my good fortune that one of my best friends also happens to be my accountant. Naturally this means that on any given day I hit my longsuffering friend up for some free advice about all things financial. There is however one noticeable caveat to this arrangement; during the months of July / Aug I can forget about speaking...
Digital disruption could be good for older workers
Recruitment
There is no 'business as usual' as far as digital disruption is concerned, but one unique way organisations can prepare for such uncertainty is to employ more older workers. While younger digital natives are often thought of as an organisation's best response to the rapid pace of change, a workforce with older experienced employees can be more prepared to face...
Legal issues to consider when starting a business
Expert Advice
Starting a new business is an exciting time. A difficulty may be getting all necessary legal advice, and mechanisms in place prior to starting. Although cash flow can be tight when starting out, this is an important time to receive professional advice, as it may limit the risk of unintended issues arising later. What are the legal issues / advice...
Building security alert
Property
In the past couple of months we have noted a spate of disturbing burglaries within apartment buildings across Canberra. After enquiries with the police as well as with senior members of other strata businesses it appears that the issue may be wide spread. It makes one wonder if there is some degree of underlying organisation. While Vantage Strata and our...
Procurement of goods & services
Expert Advice
We procure goods and services every day. For simple day to day transactions, there is generally no formal contract in place. The provisions of the Australian Consumer Laws would generally apply to the transaction. For larger contracts, it is always prudent to have a formal contract in place which addresses issues such as, who owns any intellectual property (IP) created,...
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