BRADY & RACHELLA

These orders were made by Kent J of the Family Court of Australia concerning the alteration of property interests between the Applicant and the Respondent pursuant to s 90SM of the *Family Law Act 1975* (Cth). The dispute involved the division of joint bank accounts, the transfer of specific properties, the sale of multiple other real properties, and the division of superannuation interests.

The court was required to determine how the parties' various assets and liabilities should be divided. This included the equitable distribution of funds held in joint bank accounts, the allocation of ownership of the B Street and E Town properties, the process and distribution of proceeds from the sale of five other real properties, and the equalisation of the parties' superannuation interests, including the sale of a property held by a superannuation fund. The court also addressed the division of a Q Club membership and the allocation of other miscellaneous assets and liabilities.

The court's reasoning, as evidenced by the orders, focused on achieving a comprehensive property settlement. This involved specific directives for the equal division of joint bank accounts, with a minimum amount guaranteed to the Applicant. The B Street property was transferred to the Applicant, while the E Town property was transferred to the Respondent. A detailed process was established for the sale of multiple other properties, including provisions for listing, pricing, sale, and the distribution of proceeds after expenses and tax provisions, with a specific initial distribution to the Respondent followed by equal division. The superannuation interests were to be equalised, involving the sale of a property held by a superannuation fund and subsequent calculations to achieve parity between the parties' overall superannuation holdings. The Q Club membership was transferred to the Respondent, with a payment to the Applicant. Finally, the orders stipulated that each party would retain their remaining sole-name assets and be responsible for their respective liabilities, with provisions for indemnification and the appointment of a Registrar to execute documents if a party defaulted.