DIGITAL CURRENCY EXCHANGE PROVIDERS –YOU WILL NEED TO BE REGISTERED FROM APRIL 2018!

IMPORTANT COMPLIANCE WARNING: Australia is introducing new amendments to the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2017 to regulate digital currency providers in Australia and the new laws are expected to be in effect from 1 April 2018. These amendments would introduce the Australian Government’s new measures to regulate digital currency exchange providers in Australia.  These …

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Australia recognises same-sex divorce; as well as same-sex marriage

“Same-sex marriage in Australia, also now recognises same-sex divorce.  If you previously married in another jurisdiction you can now have recognition of, or file for divorce in Australia.  With an extensive global network, Koffels Solicitors & Barristers, Sydney,  can assist with both your family law concerns, and any cross-border property settlement if required.  We are …

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What to do if you need Parenting Orders in place before Christmas

When parents are unable to reach agreement on parenting responsibilities, they can be left in a situation where there is no certainty about the children’s future living arrangements. This situation is then often made worse when special occasions are not far away, such as Christmas, school holidays or the children’s birthdays. Unless there is some …

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IS THE GOVERNMENT REDRESS SCHEME JUST AN INSULT

There has been increased publicity regarding the proposed Government Redress Scheme to compensate victims of institutional child sexual abuse under a capped formula.  Some welcome the news as a public acknowledgement of this insidious issue; others more cynically might look at it as a furtive measure to contain the spiralling cost from the growing avalanche …

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THE ROLE OF THE INDEPENDENT CHILDREN’S LAWYER IN FAMILY LAW PROCEEDINGS

The role of the Independent Children’s Lawyer (‘ICL’) in Family Law proceedings is multi-faceted. The different aspects of the ICL role can be relevant to differing extents depending upon, among other matters, the issues in the case and the age of the subject children. The different dimensions to the ICL role include: Facilitating the participation …

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2017/18 Federal Budget implications on housing affordability

The 2017/18 Federal Budget introduced additional financial and compliance requirements to foreign investors acquiring a real property in Australia. Now there is a limit on foreign ownership in new developments, having annual charge imposed on foreign owners who acquire residential property and leave it vacant for certain amount of time and the foreign investor tax …

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Family Law & Divorce: AVOs (Apprehended Violence Order), don’t take them lightly.

The highly publicised separation of former television presenter and model Kelly Landry and Sydney to Hobart winner and accountant Anthony Bell, has highlighted that there is a benefit in defending applications for Apprehended Violence Orders. Ms Landry alleged that throughout the marriage she was subjected to verbal abuse and family violence at the hands of …

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Exchanged Contracts? When is stamp duty payable on NSW property?

All purchasers are liable to pay stamp duty once contracts have been exchanged. The timeframe for payment of stamp duty varies in different situations and circumstances. All purchasers have 3 months from the date of the contract to pay stamp duty. However, if the purchaser is obtaining finance for the purchase the duty must be …

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