This article will explore how construction companies can unlock hidden value in the form of an income tax refund when a contract or project completes or falls over or the company is subject to a formal insolvency appointment. The key takeaway – always look for...
The Government’s release of draft legislation to addressing the Safe Harbour and Ipso Facto Clause reforms mooted in last year’s Innovation Statement prompts us to ask: will the legislation go beyond what is necessary to protect directors from prosecution while they...
This is the third in our series of articles on pre-sales risk mitigation in the residential property development sector, where we detail the process lenders undertake, or at least should always undertake, to analyse and mitigate the risks of pre-sales. Rigorous...
This is the second in our 4 part series of articles on residential pre-sales where we provide a discussion on some of the pitfalls and risks inherent in pre-sales. We also share some key tips on how lenders can mitigate risk. To some developers, all pre-sales are...
This is the first in a 4-part series of articles on pre-sales in the residential property development sector in Australia. The members of our specialist real estate team have dealt with residential property pre-sales for three decades. Over this time, we have gained a...
The Federal Government’s mid-year budget update in December 2016 included an announcement that will have certain SME business owners (and their advisors) concerned and thinking carefully about using the Australian Tax Office (ATO) as an unofficial overdraft to cover...
