Australian directors face personal liability for company debts under section 588G of the Corporations Act 2001 (Cth) if the company trades while insolvent. Beyond insolvent
Key Takeaways Voluntary administration is a formal insolvency process under Part 5.3A of the Corporations Act 2001 (Cth) that gives a company breathing space to
Payday super started 1 July 2026. ATO enforcement is real. Here is what happens to directors who fall behind — and how to limit your personal exposure.
If your builder refuses to fix defective work and QBCC has not resolved the dispute, you have legal options including QCAT, District Court, and Supreme Court proceedings. Learn your rights under Queensland law.
Liquidation lawyers Brisbane explain: what a liquidator actually does to your company, your personal liability, and what creditors must do.
Key Takeaways Private companies can and should restrict share transfers in their constitutions and shareholders agreements — without restrictions, any shareholder can freely transfer shares
ASIC secured a record $830 million in civil penalties in 2025-26, plus 25 criminal convictions. Here is what every Queensland director and business owner must understand about the new enforcement reality.
Voluntary administration and liquidation are both insolvency options — but they serve different purposes. Learn which process is right for your company under the Corporations Act 2001.
Key Takeaways You do not need to be named on ASIC records to be a director. Section 9 of the Corporations Act 2001 (Cth) captures
Early legal advice in a commercial dispute is a strategic decision that changes outcomes, preserves evidence, and manages costs exposure. A guide for Queensland business owners.
⚡ Key Takeaways Chapter 2E of the Corporations Act 2001 (Cth) governs related party transactions for public companies, requiring member approval before financial benefits are
Key Takeaways Insolvent trading liability under section 588G of the Corporations Act 2001 (Cth) is personal — directors, not just the company, can be sued.
