Windfall Gains Tax on its way to Victoria

The Victorian Government has continued with its intention to introduce a new windfall gains tax (WGT) in respect of gains made by landowners arising from increases in land value following rezoning of land. Following consultation with stakeholders, further details about the value mechanism and rezoning and transaction exemptions have been announced. Read more

What is a “reasonable time” for a tenant to remedy a breach of lease?

Generally, if a landlord intends to terminate a lease due to a tenant’s breach of the lease,  the landlord must first serve a notice (Breach Notice) on the tenant. The landlord must then grant the tenant a “reasonable time” after service of the Breach Notice to remedy the breach, if it is capable of remedy, and pay any money that is required to be paid as compensation to the landlord’s reasonable satisfaction. But what is a "reasonable time" exactly? Read more

Keeping your cash safe: some simple measures to prevent cyber fraud

The virtues of electronic payments and communicating online are well known, and so are the traps that can snare us when we conduct commerce in cyberspace. But did you know that cybercriminals have been targeting law firms? At HSF we are implementing some important procedures to ensure that your money is safe, and is only disbursed at your direction and no one else’s. Read more