• Commercial & Business Law

    Commercial & Business Law

    We are first and foremost lawyers for business people.  Our team will work with you to develop, manage and execute your business plan while ensuring you exploit opportunities, manage risks and achieve commercial success.  

    LEARN MORE
    Service includes:
  • Dispute Resolution & Litigation

    Dispute Resolution & Litigation

    Specialists in commercial dispute resolution, we appreciate that resolving a dispute requires more than just following court processes. You can trust Taurus to be in your corner, and fight to deliver results.

     

    LEARN MORE
    Service includes:
  • Property & Construction

    Property & Construction

    Enhanced by a wealth of experience in property law, Taurus can assist businesses with everything from managing leases, to complex property development projects.

    LEARN MORE
  • Intellectual Property

    Intellectual Property

    One of the most valuable assets of any business is its intellectual property. We empower our clients to protect their brand, systems and confidential information by offering them a broad range of legal services related to their IP.

    LEARN MORE
  • Insolvency & Bankruptcy

    Insolvency & Bankruptcy

    We act on behalf of creditors, debtors, and insolvency practitioners in a variety of re-structuring and insolvency matters.

    LEARN MORE
  • Debt Recovery

    Debt Recovery

    We will recover your debts as if they were our own. For many owners, directors, and managers, debt recovery is one of the most confronting and challenging aspects of running a business. It is also crucial to the cash flow of the business, and therefore critical to its financial success.

    LEARN MORE
  • Employment Law

    Employment Law

    We help our clients meet the demands and challenges of managing their workforce.

    Our team can assist in any employment law matter ranging from drafting employment agreements to giving termination advice and handling unfair dismissal applications.

    LEARN MORE
ENQUIRE

The new financial year marked the commencement of some legislative changes that may have the following impact:

  1. The national minimum wage was increased by 3.3%, bringing the minimum hourly rate to $18.29 and the weekly net pay for full time employees to $694.90;

  2. The Fair Work Commission’s high income threshold increased from $138,900 to $142,000. This means that employees who earn above $142,000 per annum are unable to make a claim against an employer for unfair dismissal;

  3. The amount of compensation the Fair Work Commission can award for unfair dismissal has increased from $69,540 to $71,000;

  4. The first penalty rate cuts were implemented, with workers in the fast food, retail, pharmacy and hospitality sectors seeing a drop of 5% in their Sunday rates. The future cuts to Sunday penalty rates will occur progressively over the next three to four years;

  5. The May budget saw the government announce that small and medium sized enterprises (SMEs) will be facing stricter rules on capital gains tax. Although not yet implemented, the change is projected for the new financial year with a proposal to amend concessions so that they can only be claimed on assets used exclusively within the business;

  6. There are new changes to superannuation regarding retirement plans and how many individuals are entitled to make a tax claim or superannuation contributions if they are self-employed.

 

Business Lawyers can ensure your business is in-line with new laws

Ensure that you approach a business lawyer so that you don’t end up on the wrong side of the law! Often new legislation is implemented without notice and can be detrimental for businesses who get caught.

Posted by Taurus Legal Management