Szabo & Associates News & Updates

Australia’s direct and positive approach to cryptocurrency legislation has established the nation as a growing market for Bitcoin and other cryptocurrencies. In addition to recognising Bitcoin as legal tender, the government are currently looking into implementing new rules on cryptocurrency exchanges which seek to curb money laundering and terrorism financing. Most recently, Australian Entrepreneur and CEO of the comparison website Finder, Fred Schebesta, has announced plans to build the first cryptocurrency bank of Australia.

A Sydney woman has been granted permission to use her late husband’s sperm by the NSW Supreme Court.

A recent case in Western Australia, Drake v Bradshaw (2018), has re-emphasised the importance of making family provision claims within the statutory time limit. It also illustrates what might persuade a court to exercise its discretion to extend the time limit for making a claim or, in this case, not to.

As most people will know, superannuation (“super”) is the arrangement put in place by the Australian Government to assist people to accumulate a fund to provide an income in retirement. On the death of a fund member, a death benefit can be paid to the dependants of the superannuation fund member, often in the form of lump sums.