What is an Informal Will?

For a Will to be valid in New South Wales it must satisfy a number of formal requirements set out in legislation. However, a document may still be considered a person’s final Will even if it fails to comply with formal requirements (“informal will”). Section 8 of the...

Who is Responsible – the Builder or the Owner?

From 15 January 2015 the definition of defects under the NSW Home Building Act has changed. The term “structural defect” has been replaced by the new term “major defect in residential building work.” This means that you are now accountable for any issues with any...

Federal Budget Summary 2015-2016

The 2015-16 Federal Budget focuses on small businesses with aggregated annual turnover of less than $2 million. 1.    Small business   ·         CGT-roll-over for small business restructures From 01 July 2016 small businesses with an aggregated annual turnover of...