Only Fools Rush In: Conducting COVID-19 Due Diligence

Like almost every facet of life, the M&A and private capital raising landscape in Australia has been substantially impacted as a result of COVID-19. Many non-essential transactions have been put on hold as companies and their directors have faced a level of commercial and economic uncertainty not seen before in our lifetime. As we start to progress through the Government’s 3-stage plan to re-open the economy, the deal landscape in Australia is slowly starting to stabilise, giving investors the confidence they need to take advantage of opportunistic acquisitions and investments (particularly in respect of businesses struggling under the weight of COVID-19). Local investors also now have an op

HomeBuilder Scheme

The Federal Government has now formally announced the $680 million HomeBuilder scheme, granting eligible owner occupiers a tax free grant of $25,000 towards the build of their new home or to substantially renovate their current home. The grant applies only to the building of works on properties owned as the applicant’s principal place of residence, excluding the application of the grant on secondary or investment properties. The HomeBuilder scheme will be available to eligible applicants until 31 December 2020. The primary aim of the scheme is to stimulate employment in the residential construction sector, one of the largest employment sectors in the country, with the Government expecting ar

Congratulations Mark and Alex

Henry William Lawyers is delighted to announce that Executive Lawyer and Director Mark Faraday and Executive Lawyer Alex Linden have again been identified amongst the very best in their profession with their inclusion in this year’s Doyles Guide Leading Insolvency & Restructuring Lawyers. The firm has also been recommended by Doyles Guide for insolvency, debt recovery and restructuring.

Stimulus Package for Home Renos and First Home Buyers

The Federal Government is set to announce a multimillion dollar stimulus package for the residential building sector this week. The new package, which is expected to roll out from 1 July this year, proposes to offer cash grants towards home renovations. The Federal Government’s rationale in introducing this targeted support is to minimise the impact of the COVID19 pandemic on the sector and to maintain employment along the supply chain by encouraging the build of more than 100,000 new homes. While the eligibility criteria and the exact amounts of the grants are yet to be released, the grants for newly-constructed homes will reportedly be between $20,000 and $40,000. The grants are also expec

Congratulations Max

Henry William Lawyers would like to congratulate Max Bonnell on his inclusion in the 2020 listing of leading New South Wales Commercial Litigation & Dispute Resolution Lawyers by Doyles Guide. We are very proud of Max's many achievements.

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