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Kells

Welcome to the February 2015 edition of The Kells Report – helping you make better legal decisions.

Home Building Act 1989 changes have commenced

by Lorri Field

Changes to the Home Building Act 1989 commenced on 15 January 2015.  Owner builders, those undertaking residential building works and homeowners having work undertaken should ensure they are familiar with these changes and the overall impact of the home building legislation.

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What exactly is a SMSF?

by Darren Hayes

A Self Managed Superannuation Fund (SMSF) is a superannuation fund that complies with section 17A of the Superannuation Industry (Supervision) Act 1993 (Cth) (SIS Act). In order to remain a complying fund a SMSF must satisfy the following three tests.

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Property settlements where one party is bankrupt

by Jessica Koot

The Court has broad powers under the Family Law Act to deal with property that forms part of a bankrupt estate.

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The information provided in the Kells Report is general in nature. We accept no responsibility to persons acting on the information without first consulting us.

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