During 2005, the Financial Services Reform Act 2001 (“Reform Act”) was withdrawn and the entire content of this Reform Act was incorporated into the Corporations Act 2001 (“the Act”). The Reform Act introduced with new disclosure provisions, designed to provide...
Updated: July 2026 SMSF trustees and members in pension phase need to be careful when taking larger withdrawals from a pension account, particularly where the withdrawal is intended to be treated as a partial commutation rather than an ordinary pension payment. The...
As part of the West Australian Government’s aim to promote greater efficiency and accountability, the state introduced a new Associations Incorporation Act 2015 that align the legislation governing incorporated associations with other Australian jurisdictions and...
When the Federal government first introduced the legal structure of a Self Managed Superannuation Fund (SMSF) into the Superannuation Law on 8 October 1999, it was mainly intended for family members who operated small businesses together. Due to the Superannuation...
Section 912A of the Corporations Act 2001 (“the Act”) sets out a number of obligations which the holder of an Australian financial services (“AFS”) licence must adhere to in order to fulfil their licence obligations. To support the financial requirements imposed by...
Bitcoin, introduced on 3 January 2009, is an electronic currency known as “cryptocurrency”. It is a form of digital public money that is created by mathematical computations and policed by millions of computer users called “miners”. In essence, it is electricity...
