Braun and Braun

This matter concerned an application by the husband and wife for orders regarding their children and property settlement. The court was required to determine the parenting arrangements for the two children, born in 2006 and 2013, and to make orders for the division of the parties' assets and liabilities.

The court was tasked with establishing a parenting regime that addressed the children's time with each parent, considering the geographical separation between the parties. Additionally, the court needed to determine the equitable distribution of the former matrimonial home, vehicles, bank accounts, superannuation interests, and various debts and liabilities.

In its determination, the court ordered equal shared parental responsibility for both children. Specific time arrangements were detailed for the husband to spend with each child, differentiating between school holidays and term time, and accounting for interstate travel. The court also made comprehensive orders for property settlement, including the transfer of the former matrimonial home to the wife, the discharge of a mortgage, and the division of various assets and debts, with the husband indemnifying the wife in relation to specific financial obligations.