WMD Law

What is the PPSR? The Personal Property Securities Register (PPSR) is the official government register of security interests in personal property.  When a person or business borrows money or purchases personal property on credit terms (such as a car or items of stock), the debt secured by that property is registered on the PPSR.  The register acts as an online public noticeboard detailing all registered [...]

What is a shareholder agreement? Properly drafted shareholders agreements provide a clear framework of agreed principles across a range of issues. The owners of a business operated by a company should execute a shareholders agreement as soon as possible and preferably before commencement of trade. Shareholders agreements provide various benefits throughout the establishment and operation of a business, covering important issues such as who can [...]

The distinction between contractors, permanent employees and casual employees is a vital but often overlooked part of running a business. To ensure a business' legal obligations towards employees are met, it is critical that team members are classified and documented correctly. What is a permanent employee? A permanent employee is usually engaged under an employment contract or Award as either part-time or full-time, and has [...]