Insight

Insight: A purchaser may have to pay double sales commission, in circumstances where they have dealt with more than one of the vendor's agents.

As a business owner, it is important that you know whether the workers you have engaged are employees or independent contractors. This distinction is important for determining a worker's entitlements, such as long service leave, workers compensation, superannuation guarantee, and other requirements

There are many reasons why you may choose to leave a person out of your will – family breakdowns, you may have already given an eligible person their entitlement throughout your lifetime and many more. Each family is different and each person will have different testamentary wishes.

Entering a lease, whether its retail or commercial, should always be taken seriously. Generally, leases are for extended periods of time and have limited termination rights. Lessees need to be aware of the scope of their obligations right from the beginning.

The Retail and Other Commercial Leases COVID-19 Regulation (No 3) 2020 (NSW) has taken effect from 1 January 2021.

On 1 July 2021, the superannuation guarantee percentage will increase from 9.5% to 10%. Although this sounds relatively straight forward, there are a few steps employers will have to take to ensure compliance with their obligations.