BLB News

A HORSESHOE

02/08/2010

An economic forecaster was known to have a horseshoe prominently displayed above the door frame of his office.

SELF-MANAGED SUPERANNUATION UPDATE

02/08/2010

Super investors who are in pension phase and who are under age 65 at 1 July 2010 will have a minimum pension limit of 2% of their pension account balance. Without the relief, the minimum pension limit of 4% of their pension account balance would have applied.

HIGH COURT DECISION ON TRADE MARK INFRINGEMENT FOR “BAREFOOT RADLER” BEER

02/08/2010

On 19 May 2010, the High Court decided that the use of the term “Barefoot Radler” on beer produced by Lion Nathan was an infringement of a trade mark registered to E&J Gallo Winery a Californian wine company. As a result, Lion Nathan are now restrained from selling beer under that name.

AMENDMENTS TO THE FRANCHISING CODE OF CONDUCT

02/08/2010

Recently, the Franchising Code of Conduct was amended by the Australian Government. The changes apply to franchise agreements entered into on or after 1 July 2010. They also relate to franchise agreements transferred, renewed or extended on or after 1 July 2010.

BAMFORD’S CASE

26/05/2010

If you have a family trust or discretionary trust you may need to consider the implications of the recent High Court case of Bamford v Federal Commissioner of Taxation (Bamford’s Case).