Testamentary & Super Proceeds Trusts for Mining & Resources Personnel Estate planning is about ensuring (when you’re no longer here) your assets are distributed to those you care about most and in a manner that will leave them better off or able to continue their lifestyle in the manner you want for them. To achieve…
You may be familiar with BOMAD, otherwise known as the Bank of Mum and Dad. According to MOZO, a finance comparison website, it’s Australia’s fifth largest residential lender and parents are forking out on average $73,522 to help children buy their first home.[1] But it’s not just parents who are helping out with money. High…
Business sale structures that extend beyond the ‘as is where is’ sale approach include alternatives that are becoming more common for high-value mining and resources business owners who aim to maximise return whilst balancing or minimising risk to achieve a successful business succession. The most successfully executed business sale transactions are those that consider the…
COVID-19 has changed almost every aspect of running a business, but the law is often slow to catch up with the real world and particularly the uncertainty of a pandemic. Many mining and resources business owners have struggled to understand what is required of them in relation to their employees and it is easy to…
