Key Takeaways Breaching director duties under the Corporations Act 2001 (Cth) can result in civil penalties of up to $1.82 million per contravention for individuals
If you have received a statutory demand and done nothing, your company is now presumed insolvent. That presumption triggers winding up proceedings, director personal liability
Key Takeaways Since 1 July 2026, employers must pay superannuation within 7 business days of each payday, not quarterly, making directors personally liable via Director
Key Takeaways, Deadlocked Company: 50/50 Shareholder Disputes in Queensland A 50/50 shareholder deadlock arises when two equal shareholders cannot agree on a company decision and
Key Takeaways, Access to Company Books and Records in Australia Under section 247A of the Corporations Act 2001 (Cth), a member (shareholder) may apply to
Key Takeaways ASIC has issued more than $4 million in infringement notices for FY24 financial reporting breaches, including $792,000 against Canva Group and $594,000 against
ATO Debt Enforcement in 2026: What Queensland Business Owners and Directors Must Do When the ATO Starts Moving Key Takeaways The ATO has a five-step
Personal guarantees in commercial lending Queensland explained. What guarantors sign, all monies clauses, s 59 Property Law Act 1974 (Qld), defences, Banking Code of Practice obligations, and what to do if you receive a demand. By Mark Harley, Boss Lawyers Brisbane.
The QBCC secured 37 convictions and over $380,000 in fines against unlicensed Queensland builders in 2025-26. Here is what homeowners must do if their contractor was unlicensed — including rights to compensation, civil claims, and what QBCC enforcement can and cannot do for you.
A creditor can apply to wind up a company in Queensland under s 459P of the Corporations Act 2001 (Cth) when the company owes a
Key Takeaways Liquidators can compel any person with knowledge of company affairs to appear for examination under ss 596A and 596B of the Corporations Act
A Queensland-relevant warning for directors: ASIC’s 2026 prosecution of Vickie Vella — 18 months’ imprisonment and 5-year automatic disqualification after $1.2 million in company money used for personal expenses. What section 184 of the Corporations Act means for directors and what co-directors and creditors can do.
