Author: Rohan Murray

Most business owners have a non-compete clause sitting in their employment contracts. It is usually a paragraph nobody has looked at since the template was drafted, quietly doing a job everyone assumes it is doing: stopping a departing employee from walking down the road and setting up in competition. From 2027, for most of your team, it might not be doing that job at all. What has been proposed? In the 2025–26 Federal Budget, the Federal Government announced its intention to prohibit non-compete clauses for employees earning below the high-income threshold under the Fair Work Act 2009 (Cth). At the…

Introduction Selecting the right business structure is a foundational decision for any enterprise. In Australia, the choice influences not only day-to-day operations, but has significant implications for tax obligations, personal and corporate liability, and the potential for insolvency risk. This article outlines the key considerations for business owners and directors when choosing (or changing) a structure, with a focus on tax and insolvency exposures. Common Business Structures and Their Tax Implications In Australia the four principal business structures are: sole trader; partnership; company; and trust. Each structure brings different tax profiles and liability outcomes: Each model has tax-reporting, lodgement and…