by Riordan & Riordan | Apr 21, 2020 | Commercial, Employment
In these unprecedented times, when many businesses have had to make the incredibly difficult decision to close their doors as a result of COVID-19 or restructure the operation of their businesses altogether, both employers and their employees are seeking answers as to...
by Riordan & Riordan | Apr 20, 2020 | Commercial, Property
The Victorian State Government has announced that it will be introducing legislation to deal with leasing during the COVID-19 pandemic and will be providing support to Landlords in the form of land tax relief and deferrals. The Victorian Parliament will be sitting on...
by Riordan & Riordan | Apr 19, 2020 | Property
Since our last article the National Cabinet has met several times to discuss the impact of COVID-19 on commercial and retail Landlords and Tenants noting that a significant number of businesses have closed due to Government regulations and the COVID-19 pandemic. Code...
by Riordan & Riordan | Apr 19, 2020 | Commercial, Property
The sudden disruption of infectious disease COVID-19 to business has led to increasing enquiries from Landlords and Tenants about how to deal with their Lease obligations. We are advising our Landlords and Tenants to review their Lease obligations and attempt to...
by Riordan & Riordan | Oct 24, 2018 | Commercial
Insolvent trading A director has a duty to prevent a company from trading while insolvent. A director will fail in this duty where they are aware, or a reasonable person in a similar position would be aware, that the company is insolvent and incurs a debt at that...
by Riordan & Riordan | Mar 19, 2018 | Estate Planning
New law allows you to ensure that your wishes for future medical treatment must be followed when you can no longer decide for yourself The Medical Treatment Planning and Decisions Act 2016 (the Act) came into force on 12 March 2018. The Act provides for the following...
by Riordan & Riordan | Nov 27, 2017 | Property
What is this new Vacancy Tax? – it is a tax on residential properties in the inner and middle suburbs of Melbourne* (Specified Geographic Areas) which are deemed to be vacant. This tax will be in addition to existing Land Tax. What is meant by “Vacant”? – a property...
by Riordan & Riordan | Nov 26, 2017 | Property
If you purchase residential land in Victoria via your discretionary trust, you may be hit with additional stamp duty of 7% of the purchase price by reason of y our trust being regarded as a “ foreign trust ” – most discretionary trust deeds allow the trustee to...
by Riordan & Riordan | Nov 25, 2017 | Property
The Victorian Government recently announced in the 2017/2018 Victorian Budget that it will remove the exemption from stamp duty for the transfer of non – principal place of residence properties between spouses or domestic partners from 1 July 2017. This means...
