Can it be that the upheavals in the EU and the United States are good for Australia?

Certainly on one level this would seem to be the case.  Australian universities are targeting the international student market, regarding the current unsettled environment as an opportunity to capitalise on this phenomenon. Australia is now close to surpassing Great Britain as the second most popular destination for advanced education, the United States still maintaining the …

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IR Global Regional Australasian Meeting, Melbourne, August 2017

Ross and Julia Koffel enjoyed the company of members of the Australasia IR Global regional meeting held in Melbourne during the first week of August. It was kindly hosted by Melbourne accounting firm, Saward Dawson, and attendance once again was high for our third meeting.  Members are becoming increasingly more familiar with the expertise within …

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Redress Scheme for Victims of Institutional Child Sexual Abuse – Good for Some, Not Good for Many

With the introduction of the Redress Scheme, many victims will see this as an opportunity to have compensation and a hope for closure on a life lived under the shadow of abuse. Taking an action for compensation through the Courts can seem a mountain too high for victims, and the redress scheme is an opportunity …

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New Regime for GST withholding tax on new property conveyances

Will you be compliant with the new residential property GST withholding and notification requirements?  Don’t get caught out.  Don’t incur a penalty. From 1 July 2018, the new GST withholding regime applies to the supply of: new residential premises, new residential subdivisions long term leases. What is it? Vendors are required to inform a purchaser …

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The Richest Migrants Choose Australia

Why are the wealthiest migrants  heading to Australia?  With over 7000 millionaires arriving “Down Under” in the last 12  months, it is led by Asian investors who account for 90 percent of high-net-worth individuals migrating to Australia.  According to the Gratton Institute, this is the highest net migration of millionaires to any country last year. …

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Lowy Institute Asia Power Index

Ross & Julia Koffel of Koffels Solicitors & Barristers, recently attended the Australian launch of the Lowy Institute Asia Power Index, an analytical tool that dissects the power ranking of 25 Asia-Pacific countries across eight separate measures and 114 indicators.   As far west as Pakistan, north to Russia and including Australia, New Zealand and the …

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Do You Need a Pre-Nup?

In Australia, ‘pre-nuptial agreements’ are a type of Binding Financial Agreement (or ‘ BFA’).   BFAs can be made before, during or after a marriage or de facto relationship.  The type of BFA we address in this article is the type made before entering into a marriage or de facto relationship. What is a Binding Financial …

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