Publications & News
The Retail Leases Amendment Bill 2019: What do the proposed changes mean for landlords and tenants of retail premises?
The Retail Leases Act 2003 (the “Act”) as presently drafted is intended to provide certainty and fairness in retail leasing. According to the Victorian Commissioner for Small Business, the Retail Leases Amendment Bill if enacted will introduce a higher level of transparency in requiring retail landlords to provide more upfront and timely information. The Bill is not a complete review of the Act, however it does propose changes to the obligations of retail landlords and...
By Angela Kordos
14 January 2020
TLFC Law’s Blog Highlights for 2019
Read on for our 2019 blog highlights The Sun Sets on Developer Rights PROPERTY LAW Following lengthy discussions in 2018, The Sale of Land Amendment Bill 2019 passed through the Parliament The new Sunset Provisions will give greater power to purchasers in off-the-plans contracts The amendments will severely limit the right of developers to cancel contracts that have extended past their ‘sunset periods’ Read More Security of Payments Act Lessons from 2019 CONSTRUCTION LAW Our...
On the global financial front, the trade-war between the US and China continue to brew whilst Great Britain continues to move towards a BREXIT deal with the EU. Scientifically, the Event Horizon Telescope has captured the first ever image of a black hole. The famed historical landmark Notre-Dame Cathedral suffered devastating damage from a fire whilst Avengers: Endgame breaks the record for fastest movie to cross $2 billion in global collections. And in Australia, our...
By Malcolm Liu
17 December 2019
Reporting Requirements of Various Charities
Your charity’s financial reporting requirements and other obligations to the ACNC depend on whether it is considered a small, medium or large charity. Reporting Requirements by Size of Charity The size of your charity is based on its total annual revenue for the period upon which it is reporting. Small charities have annual revenue under $250,000 Medium charities have annual revenue over $250,000 but under $1 million Large charities have annual revenue of $1 million...
By Harriet Warlow-Shill
10 December 2019