Are you managing your Family Trust correctly?

Written by Nick Aveling Gone are the days of Mum and Dad running the family Trust as if they still owned the Trust property. With new requirements and regulations the use of Trusts has come under increasing scrutiny. Whilst Trusts continue to provide benefits that make them an essential component of effective asset planning and wealth management, these benefits arise only if the Trust is properly administered. Running the Trust needs to be taken seriously. If Trustees do not treat the...

The Return of 90-Day Trial Periods for Employees

Written by Sophie Broome  Updated: 19 January 2024 90-day trial periods for all employees have been reintroduced by the government effective from the 23 December 2023. This change is in addition to other employment law reforms including the Fair Pay Agreements Act Repeal Act which came into force on 20 December 2023. A key benefit of a 90-day trial for employers is the potential to decrease costs. Recruiting and onboarding new employees costs time and money to a business of any size, and...

Exploring the Opportunities and Risks of AI in Business from a Legal Perspective

Written by Amy Cowan. Originally published in The Profit Updated: 20 November 2023   Artificial Intelligence (AI) has emerged as a transformative force in the business world, offering newfound opportunities for efficiency, innovation, and competitive advantage. However, along with these opportunities come legal implications and risks that must be carefully navigated. AI algorithms can process vast amounts of data quickly and accurately, helping businesses identify trends, predict future outcomes, and make informed choices. This can lead to more transparent and defensible decision-making processes. AI technologies...