Choosing the right financial advisor
With the end of the financial year approaching, now is the time to find the right financial advisor. While a good accountant can help you get more tax back or reduce the amount you have to pay, a financial advisor can assist in providing sound advice on how to save and invest your money. What […]Read more
Claims against Guvera Limited
Shine Lawyers is investigating claims for compensation against accountants who made recommendations to their clients to invest in Guvera Limited in the period prior to Guvera’s failed attempt at an IPO. Shine’s investigations have revealed that numerous “mum and dad” investors were represented to Guvera as being “sophisticated investors” so as to gain access to […]Read more
How safe are your investment funds?
How safe are your investment funds? The Shine Lawyers’ Professional Negligence team has a timely reminder for ordinary Australians looking to invest their hard earned savings. Managed funds – no matter how professionally they are packaged and marketed – must be treated with extra caution. The big banks are very tightly regulated but managed super […]Read more
Misleading and deceptive conduct explained
You might have come across the phrase ‘misleading or deceptive conduct’ before, and wondered what it meant in the legal world. The answer lies in section 18 of the Australian Consumer Law: “A person must not, in trade or commerce, engage in conduct that is misleading or deceptive or is likely to mislead or deceive.” […]Read more
What happens when my lawyer has their licence revoked?
It is a lawyer’s legal duty and moral responsibility to act and represent their clients in an honest and professional manner. In order to ensure that lawyers meet this high standard, they are required to hold and continually renew a practicing licence or certificate. However, if your lawyer’s licence is revoked or you are concerned […]Read more
Advocates’ Immunity and Legal Negligence
Advocates’ immunity is a doctrine which protects lawyers, both solicitors and barristers, from being sued by their clients for negligence. In the case of Kendirjian v Lepore, decided in March this year, the High Court was offered a chance to abolish the doctrine. Disappointingly, the court refused to change course from its earlier decisions, limiting […]Read more
Changes to super: How will you be affected?
The changes to superannuation announced in the May 2016 Budget are designed to improve the sustainability and integrity of the Australian super system, and are due to take effect from July 2017. Every Australian, particularly those close to or in retirement, should be mindful of how these changes will impact their hard-earned retirement funds. Will […]Read more
The case of Lloyd Rayney: A defining moment for Australian defamation law
Lloyd Rayney’s defamation case has opened the doors to significant possible developments in Australian common law. Mr Rayney brought an action in defamation against the State of Western Australia, alleging he was defamed by a detective when named as the “prime and only” suspect in his wife’s murder. Manager of Shine Lawyers‘ Professional Negligence practice […]Read more
The dos and don’ts of coming into money
How can a change in financial circumstances come about? People often come into money through unforeseen circumstances. The more common causes of a change in one’s financial status are a: large inheritance; windfall (e.g. lottery or jackpot); compensation/insurance payout; or change of job. What impact can this have on you and those around you? […]Read more