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Labour-Hire Loses in Case Over Casual Work Leave Entitlements

Labour-Hire Loses in Case Over Casual Work Leave Entitlements

“Casual work” may be redefined after a Federal Court junked a labour-hire company’s “pre-pay” argument in a case involving a casual worker. Business groups and workplace lawyers are anticipating that this ruling — or what will happen after — will have a huge impact on businesses given there are more than 2.6 million Australians classified …

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ATO Extends Small Business Tax Audit Independent Review to End of 2020

ATO Extends Small Business Tax Audit Independent Review to End of 2020

Taxes are the so-called lifeblood of the government. The government needs to collect taxes to continue to provide the services that they are obliged to give to their constituents. Taxes then are necessary business expenses. In most jurisdictions in the world, taxes are overhead expenses that must be paid otherwise the business cannot operate. The …

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High Court Holds Ex-CEO Responsible for MFS Financial Collapse

High Court Holds Ex-CEO Responsible for MFS Financial Collapse

The High Court of Australia ruled that Michael Christodoulou King, former CEO and executive director of MFS Ltd was an “officer” of MFS Investment Management Pty Ltd (MFSIM) and that he was responsible for the acts of the subsidiaries, including the MFS financial collapse that resulted to billions of investor losses. Background Mr King and …

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