Reviewing the NAIF Act – filling the investment gap
Introduced in 2016 with bipartisan support, the Northern Australia Infrastructure Facility Act 2016 (Cth) (the Act) established the Northern Australian Infrastructure Facility (the NAIF).
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Introduced in 2016 with bipartisan support, the Northern Australia Infrastructure Facility Act 2016 (Cth) (the Act) established the Northern Australian Infrastructure Facility (the NAIF).
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On 31 May 2023, the ATO issued its updated resolutions checklist for trustee resolutions which is welcome. Practical guidance and can be accessed via their website. Special Counsel Saxon Rose and Partner Michael Patane from HopgoodGanim’s taxation
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In this article, we shed some light on the adage that ‘family and money don’t mix’ by setting out the top seven things to consider ahead of making loans to family members. Family loans occur for all sorts of reasons. Maybe your brother appro
Court Decision
In this article, we discuss the recent Federal Court proceedings involving the Australian Securities and Investments Commission (ASIC) against BPS Financial Pty Ltd (BPS).
Court Decision
As discussed in our previous alert, Ms Bosanac, the wife of Mr Bosanac at the time of the purchase of property in Dalkeith, WA as their matrimonial home, was given leave to appeal to the High Court a finding of the Full Federal Court that both she a
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A General Interest Charge (GIC) is a punitive charge imposed by the ATO in situations where primary tax owed is not paid by the due date or where there is an underpayment of tax following a review or audit amendment to an assessment. Most commonl
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Senator Andrew Bragg has released the draft Digital Assets (Market Regulation) Bill for community consultation. It aims to introduce legislation targeting crypto asset secondary service providers (CASSPrs), digital assets and stablecoins, including c
Court Decision
The High Court of Australia (HCA) sat to hear Bosanac v Commissioner of Taxation & Anor, an appeal from the decision of the Full Federal Court (FFC) in Commissioner of Taxation v Bosanac [2021] FCAFC 158. In the matter being heard, a husband an
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Further to our recent alert concerning the government’s announcement to continue its work to reform the regulation of crypto assets generally under Australian law , the Board of Taxation last month commenced its consultation into the Review of the
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The crypto industry is still buzzing in the wake of the Ethereum Foundation’s recent announcement that Ethereum will start to undergo its most significant upgrade to date on 6 September 2022. In this article, we explain the significance of the upgr
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As inflation spikes and cheap money looks like a thing of the past, many are turning their attention to some of the sky-high valuations in the technology sector. Time will tell as to whether those valuations sustain or come crashing back to Earth as
Court Decision
D'Aloia v Binance Holdings & Others [2022] EWHC 1723 (Ch) is the first reported court decision of its kind outside of the United States of America (and after the Supreme Court of New York’s decision in LCX AG v John Doe Nos. 1-25) regarding the