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Commercial and Business

Commercial lease- new landlord wants to enforce a bank guarantee.

Thursday, May 14, 2020

Commercial lease- new landlord wants to enforce a bank guarantee that wasn’t previously there. Can they do that? Legal Questions & Answers with Lawyer; Guy Gibbons **Advice given is of a general nature. For more information please visit Bennett Carroll Solicitors Offices located in Brisbane, Gold Coast and Sunshine Coast
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Residential Tenancies and Rooming Accommodation (COVID-19 Emergency Response)

Monday, May 11, 2020

Only on 24th April, four months after the virus was first publicized, the Queensland Government recently passed the Residential Tenancies and Rooming Accommodation (COVID-19 Emergency Response) Regulation 2020 to provide tenants affected by COVID-19 with further protections. The Regulations were introduced under the recently-passed COVID-19 Emergency Response Act 2020. They apply retrospectively from 29 March and will remain in effect until 31 December 2020.
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JobKeeper Payment Explained for Business Owners

Tuesday, April 21, 2020

Note: this article is accurate at time of posting however the regulations in relation to COVID19 responses change very frequently. The Australian Federal Government recently introduced the $130 billion JobKeeper Payment Scheme. The scheme is but one of many introduced in response to the COVID-19 crisis, such as the $1.6 billion Early Childhood Education and Care Relief Package.
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What to do if your tenant requests a rent reduction

Wednesday, March 25, 2020

Tenants are experiencing a downturn in business across Australia in the wake of the COVID-19 pandemic. Financial pressure for tenants is mounting and landlords, it seems, are being “expected” to bear a portion of the burden.
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The ‘Safe Harbour Defence’ to insolvent trading

Friday, March 20, 2020

Incorporating a company is a popular choice for many businesses. The key advantage, not granted under other structures, is that the company directors are insulated from the company’s debts in a winding up. Put simply, except in very limited circumstances, if the company’s business fails and the company becomes unable to pay its debts, the assets of the directors are not available to creditors of the company to satisfy those debts.
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Five Reasons Why You Should Have Your Commercial Lease Reviewed

Tuesday, September 24, 2019

Commercial leases typically extend over a significantly longer period than residential leases, and can be up to 30 years in length in some cases (including option periods). It is important that prospective tenants are aware of all the costs and risks associated with a lease before signing on the dotted line.
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Are employees entitled to compensation for injuries sustained at home while work

Wednesday, September 04, 2019

Employers in recent years are more inclined to grant employees flexible work arrangements including working from home. The result is that many employees are not restricted to traditional physical locations such as an office. Recent cases have shined a light on the laws surrounding these arrangements and the conflict with worker’s compensation for injuries.
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2017-2018 Insolvency stats revealed: QLD takes first place, NSW in second

Tuesday, March 12, 2019

The Australian Financial Security Authority releases their statistics for personal and corporate insolvencies in the previous financial year. The statistics are an interesting insight into the types of businesses most likely to enter insolvency, the major reasons why and whether those reasons are changing year-on-year.
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Exit as a Company Director

Thursday, February 15, 2018

It seemed like a good idea at the time….. Before you begin, plan how to end….. Are you stuck with your shares? ….. What about being stuck as a director?….. Where to from here….. ?
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