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Tax Training – 12/09/2025 – Adrian Cartland: Warren Tredrea, Promissory Notes and the Limits of Payment

This session examines the Full Court’s decision in Tredders Investments Pty Ltd as trustee for Warren Tredrea Trust v Channel 9 South Australia Pty Ltd (No 3) [2025] FCAFC 125. The case is the latest in a line of authorities rejecting attempts to discharge debts...

Tax Training – 05/09/2025 – Adrian Cartland: Substratum and Trust Resettlements

This week’s session examines the Queensland Court of Appeal’s decision in Staley v Hill Family Holdings Pty Ltd [2025] QCA 95 and its implications for the concept of “substratum” in determining whether a trust variation constitutes a resettlement. The case highlights...

Tax Training – 29/08/2025 – Adrian Cartland: Stability AI, Compression v Vectorisation, and Copyright

This week we move from the Anthropic case to Andersen et al v Stability AI Ltd in the United States, a case that directly raises whether AI training involves simple “vectorisation” (statistical abstraction) or “compression” (storing compact but recognisable copies)....

Tax Training – 22/08/2025 – Adrian Cartland: Anthropic, Fair Use and the Nature of Intellectual Property

We have explored an introduction to how large language models (LLMs) function, with a particular focus on tokenization, vector representations, and the idea of whether these models truly “compress” text as part of their process. We’ll be continuing on with our...

Tax Training – 01/08/2025 – Adrian Cartland: Anthropic, Fair Use and the Nature of Intellectual Property

Due to a combination of illness, travel commitments, and general availability, we’ve decided to take a short mid-semester break from our weekly tax training sessions. We’ve had strong interest in our upcoming session on Anthropic, Fair Use, and the Nature of...

Tax Training – 27/06/2025 – Adrian Cartland: Equuscorp Pty Ltd v Glengallan Investments

We continue our exploration into the question: can a journal entry constitute a payment? While last week’s case (DFC of T v Black) addressed the limits of unilateral forgiveness and the meaning of “payment” in the context of accounting entries, this week...
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