Victorian Gaming Machine Entitlements Not Deductible on Revenue Account
Written by Victor Hamit

In Commissioner of Taxation of the Commonwealth of Australia v Sharpcan Pty Ltd [2019] HCA 36, the High Court of Australia unanimously decided in a short (25 pages) and direct decision that the purchase of Victorian Gaming Machine Entitlements (“GMEs”) was on capital account and therefore, not deductible on revenue account. Nor was the purchase […]

READ ARTICLE

The Promotion of Business is not Charitable in South Australia
Written by Victor Hamit

The South Australian Supreme Court (Full Court) has handed down an interesting unanimous decision in South Australian Employers’ Chamber of Commerce and Industry Incorporated v Commissioner of State Taxation [2019] SASCFC 125  (16 October 2019). The South Australian Employers’ Chamber of Commerce and Industry Incorporated (“the Chamber”) appealed a decision against a judge of the […]

READ ARTICLE

Owners Corporation: Overreaction Equals Defamation
Written by Victor Hamit

A request for advice, made us reflect on recent decisions for defamation such as Raynor v Murray [2019] NSWDC 189 (17 May 2019) (Raynor’s case) and Bolton v Stoltenberg [2018] NSWSC 1518 (15 October 2018) (Bolton’s case). For a refresher, see our previous article on Bolton’s case titled “Like with caution: social media defamation”. Raynor’s […]

READ ARTICLE

The impact of recent Royal Commissions on NFP governance
Written by Cherie Vetesi

There have been many Royal Commissions in Australia’s history but some notably will have a significant impact on NFP governance which include:- Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (2017-2019); Royal Commission into Aged Care Quality and Safety (2018-continuing); Royal Commission into Violence, Abuse, Neglect and Exploitation of People with […]

READ ARTICLE

It’s a Scam!! And the Scams are getting more sophisticated!
Written by Victor Hamit

In an unusual couple of weeks we have been approached by a number of clients about potential scams to which they have been subjected. Coincidentally, the Australian Taxation Office (“ATO”), on 10 April 2019, issued a daily update for Tax Professionals warning of:- “A recent spate of robocall scams are spoofing genuine ATO phone numbers […]

READ ARTICLE

Better Boards Conference 2019
Written by Victor Hamit

Better Boards (https://betterboards.net/) is again hosting its highly regarded Annual Conference featuring leading international and national speakers. The Conference theme is “Governance (R)evolution: Strategies for Success” and will be held on 1-4 August 2019 at the Brisbane Convention and Exhibition Centre (click here). The Conference features a dedicated CEO’s Summit on Friday 2 August 2019 […]

READ ARTICLE