Key Lessons for business from the Optus data hack

Lawyer explains to business

Everywhere we turn right now, people are talking about the Optus data hack. Most of us are affected customers but what other lessons should we be taking from this? Here are some of the key lessons for every business owner and manager. Carefully consider your data protection strategy This involves asking: What data do you […]

Insolvency Surge Expected

Industry commentators are predicting that business insolvencies will steadily increase across 2022.  Court actions have been back at pre-pandemic levels, having jumped 58% over November, December and January compared to the year prior, as banks and the ATO end the Covid reprieve.  The perfect storm including supply chains issues with China’s management of Covid, the […]

Company Director ID and other Corporations Act changes

From today, 5 April 2022, company directors need to apply for a director ID number before they are appointed to a company. This means that directors can’t use fraudulent identities or be involved in multiple failed businesses without being identified. It only takes 5 minutes (if you can remember your myGovID password).  This is the […]