It is important that all of those with self managed super funds with pre-August 1999 investments in geared unit trusts carefully review their circumstances prior to 30 June 2009.
Until recently an Annual Essential Safety Measures Report was only required for multiple occupancy buildings constructed on or after 1 June 1994. However, since the amendment to the Building Regulations 2006 these rules will now apply to all owners of multiple occupancy buildings.
The Federal Government is currently in the process of making drastic changes to the law relating to personal property securities. These changes have the potential to significantly affect businesses that rely on company charges, mortgages or retention of title clauses as security for transactions.
The Victorian Government is seeking to amend the Duties Act 2003. The amendments will have far-reaching implications, especially with regard to commercial leases.