Byron Cannon

Byron is a Director of Ferguson Cannon Lawyers who leads the Business & Corporate and Wills & Estate Law team at Ferguson Cannon Lawyers. Byron has an extensive range of knowledge in various areas of law including: Business and Corporate, Wills, Estates & Business Succession, Property, Asset Protection, Dispute Resolution and Self Managed Superannuation Funds (SMSF). He particularly enjoys working with his clients’ other trusted advisors to develop multifaceted strategic advice.

Innovation to be a key driver for Government into the New Year

By on 9 December 2015 in Government with 0 Comments
Innovation to be a key driver for Government into the New Year

Earlier this week the Turnbull Government released their Innovation Statement, which sets out the Governments plan support the growth of innovation in Australia. What are the key changes? Some of the key proposals of the Government’s Innovation Statement are: Research and science: Nearly half of the proposed spending will fund research and science infrastructure. It […]

Continue Reading »

Australia to catch up on Crowdsourced Funding

By on 26 November 2015 in Capital Raising with 0 Comments
Australia to catch up on Crowdsourced Funding

Australia has one of the highest rates of new entrepreneurial businesses in the world, however unlike the UK, Canada, US and New Zealand, it does not have laws in place that easily allows these new companies to raise equity through direct ‘crowd’ funding. What are Australian companies barriers for Crowdsourced Funding? Currently, Australian companies are […]

Continue Reading »

Running a Company whilst Disqualified

By on 25 August 2015 in Corporate Governance with 0 Comments
Running a Company whilst Disqualified

Disqualification ASIC has the power to disqualify a person from managing a company for up to 5 years where that person has, within the previous 7 years, been an officer of two or more companies that have been wound up and deemed insolvent by a liquidator. A person will be automatically disqualified for being convicted […]

Continue Reading »

Asset Protection Strategies for Individuals and Businesses

By on 11 August 2015 in Asset Protection with 0 Comments
Asset Protection Strategies for Individuals and Businesses

What is asset protection and why is it important for individuals and businesses? Asset protection is a relevant consideration in the establishment of any business. Effective asset protection strategies can limit and in some cases avoid liability for individuals who are carrying on a business. Commonly, businesses are conducted via a company or trust structure. […]

Continue Reading »

Capital raisings via Initial Public Offerings (IPOs)

By on 4 December 2014 in Capital Raising with 0 Comments
Capital raisings via Initial Public Offerings (IPOs)

This year has seen a re-emergence of interest in IPOs. With $16.8 billion raised from IPOs this year from over 90 floats (up from $10.8 billion raised last year), IPOs are again becoming an attractive way to raise capital. Just recently, Medibank Private raised $5.7 billion from its float and other companies are likely to […]

Continue Reading »

Employee share schemes

By on 23 October 2014 in Taxation with 0 Comments
Employee share schemes

Recently the Australian Government released a policy statement entitled ‘Industry Innovation and Competitive Agenda.’ The Agenda includes a proposal to reverse the previous Labour Government’s changes to the way in which employee share schemes (ESS) are taxed. The changes will be welcomed by businesses in particular start up companies. How are ESS currently taxed? In […]

Continue Reading »

Why set up a company?

By on 22 October 2014 in Corporate Structuring with 0 Comments
Why set up a company?

If you are looking to start a new business one of your first steps should be to determine the most appropriate trading structure through which to operate the business. The most common trading structures in Australia are that of a sole trader, a partnership, a company or a trust, or a combination of these. Each […]

Continue Reading »

Things to look out for now that the carbon tax has been repealed

By on 18 July 2014 in Small Business with 0 Comments
Things to look out for now that the carbon tax has been repealed

On 17 July 2014, the Parliament passed the Clean Energy Legislation (Carbon Tax Repeal) Bill 2014. Not only will this new legislation repeal the carbon tax instated by the previous government, but it will also provide the Australian Competition and Consumer Commission (ACCC) with new enforcement powers. What are the new powers of the ACCC? […]

Continue Reading »

Big Rights for Small Business

By on 14 May 2014 in Small Business with 0 Comments
Big Rights for Small Business

If there is one significant highlight to the Coalition’s first budget yesterday, it is the extension of rights for small businesses. What benefits has small businesses received in the budget? Small enterprises will now have the same rights as consumers in respect of unfair contracts, against big businesses. In general terms, the Government intends to […]

Continue Reading »

Top
Translate »