Katic and Katic (No. 3)

In the matter of *Katic and Katic (No. 3)*, Cronin J of the Family Court of Australia made orders concerning the division of property and other financial matters between the parties. The proceedings involved the husband and wife, and also addressed an intervention by Mr B and the Australian Taxation Commissioner.

The court was required to determine the appropriate distribution of assets, including a property at I Street and units at E Street, and to address outstanding tax liabilities. Further issues included the wife's claim for spousal maintenance and an application for equitable relief by Mr B. The court also considered the role of the Australian Taxation Commissioner in relation to the sale proceeds of the I Street property.

Cronin J ordered that the husband transfer his interest in the I Street property to the wife for sale, with the wife responsible for managing the sale process. The net proceeds were to be applied first to sale costs, then to discharge the parties' tax liabilities, with the balance to be paid to the wife. The court also directed that the Registry Manager inform the Australian Taxation Commissioner of the orders and the timeframe for any intervention. The husband was also ordered to transfer a unit at E Street to the wife. The applications by Mr B for equitable relief and by the wife for spousal maintenance were dismissed. Each party was to retain their other assets, and all other applications were dismissed, save for any applications regarding costs.