Insights | Taxation of Daigo activities

The ABC recently published a feature article on the “Daigo” phenomenon. For those who aren’t familiar with that expression and too time poor to read the entire ABC article, “Daigo” refers generally to private shoppers, relevantly based in Australia, who traditionally purchase high demand items such as baby formula powder or vitamins or supplements for consumption … More Insights | Taxation of Daigo activities

No cemetery in Wallacia: overview of the IPC decision

On 12 July 2019, the Independent Planning Commission (IPC) made its direction to the Sydney Western City Planning Panel for the refusal of the proposed Wallacia Memorial Park development. The IPC’s webpage for the Wallacia Memorial Park application may be accessed here. As a former Wallacia resident, the principal of Stratos Lawyers supported the local … More No cemetery in Wallacia: overview of the IPC decision

Insights | High Court decision summary – prenups and postnups

The purpose of this article is to provide fellow practitioners and our readership with a working summary of the recent High Court decision in Thorne v Kennedy [2017] HCA 49. In case you are looking for a one-liner conclusion: the rumours of the prenup’s/postnup’s demise are greatly exaggerated. Preliminary matters A few preliminary considerations arise … More Insights | High Court decision summary – prenups and postnups

NSW land tax alert: airbnb activities

There is currently speculation that the airbnb economy will be targeted under new land tax measures.  This article considers the current land tax position in NSW with respect to airbnb activities. The AFR recently reported that the State of Tasmania is currently evaluating a new land tax rule to raise revenue from “airbnb” arrangements involving the … More NSW land tax alert: airbnb activities

Insights | Bitcoins and blockchains Part 3 (cont.)

Family law and “pre-nup” agreements Also in June 2016, a couple had reportedly encoded a prenuptial template into a Smart Contract on the Ethereum blockchain. This lighthearted “pre-nup” included particular requirements such as mandatory date nights every 10 days and obligations to watch movie series in succession. While we see this as a promising start … More Insights | Bitcoins and blockchains Part 3 (cont.)

Insights | Bitcoins and blockchain Part 3 | corporate governance and family law

This marks the third and final instalment in our Insights | Bitcoins and blockchain series.  In this section we consider some of the limitations of automating aspects of corporate distributions and family law. From the analysis we have undertaken further below, it appears that Smart Contract failure will arise in cases where there is a … More Insights | Bitcoins and blockchain Part 3 | corporate governance and family law

Sydney Markets’ Fresh Awards 2016: Produce Grower of the Year goes to Goldenfield

I am pleased to report that last month, Goldenfield was crowned by Sydney Markets as the 2016 Produce Grower of the Year in its annual Fresh Awards. My brother expressed a mixture of disbelief and surprise at Goldenfield winning the award.  For my part, I think that speaks more to his humble nature and does not reflect … More Sydney Markets’ Fresh Awards 2016: Produce Grower of the Year goes to Goldenfield

Courts and Pokemon Go

Yesterday the NSW Department of Justice posted a warning to all enthusiastic Pokemon Go players not to use any recording device in a Court having regard to section 9 of the Court Security Act 2005 (NSW)(the Act). It is worth taking a moment to review the Court Security Act 2005 (NSW) to consider what use of recording devices are prohibited … More Courts and Pokemon Go

GST Insights | incorrect GST treatment on off-the-plan transactions

Recently I posted our article GST Insights | Consequences of non-resident on-selling off the plan properties. Only days later, I found myself acting for clients dealing with a vendor who refused to register for GST. The Vendor’s legal structure The vendor’s legal structure looked something like this (I was not invited to review any documentation but after discussing the … More GST Insights | incorrect GST treatment on off-the-plan transactions