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News & Knowledge

MSI Australia & New Zealand: June news-round up

9th July 2018

Each month MSI publishes a selection of articles written by MSI member firms in Australia & New Zealand highlighting important topical issues in the region.

How the new Security of Payment laws will impact the building and construction industry
By Richard Cowen & James Morgan, Tucker & Cowen, Solicitors, Brisbane

On 1 July 2018, chapter 3 (“BIF/3”) of the new Building Industry Fairness (Security of Payment) Act 2017 (Qld) will replace the Building Construction Industry Payments Act 2004 (Qld) (“BCIPA”). BIF/3 applies to construction contracts whether entered before or after the commencement of BIF/3 (other than to the extent the BCIPA continues to apply to any unfinished matters triggered before the commencement of BIF/3). Read the full article

What happens to your online accounts when you die?
By Ines Kallweit, Aitken Partners, Lawyers, Melbourne

Whether we like it or not, we live in the age of digital media. From grandparents to schoolchildren, nearly everyone has either a Facebook profile or some other type of online presence. Whilst digital media is a great way to communicate, have you ever thought about what will happen to your Facebook site when you die? Read the full article

Three biggest risks for your business
By Robert Moore, MSI Taylor, Accounting & Business Services, Brisbane

Death, divorce and disease are the biggest business risks/ threats to Australia’s small and medium-sized businesses with more than half having to shut or sell at fire-sale prices because of one of the “three Ds”. With something like two out of three private sector workers employed by small or medium-sized businesses, it also makes the three Ds a major risk to employment and household finances. Read the full article

 

In Australia and New Zealand, the MSI membership comprises legal and accounting firms located in the key business centres of Adelaide, Auckland, Brisbane, Christchurch, Melbourne, Newcastle, Perth and Sydney and North Sydney. Visit our regional MSI Global Alliance AusNZ website for further information

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