LANE & LANE

This matter concerned the final settlement of matrimonial property between the parties, referred to as the husband and wife, before Judge Brown. The dispute involved the division of various assets, including the former matrimonial home, other real property, motor vehicles, superannuation funds, savings, shares, and personal effects. The court was tasked with determining how these assets and liabilities should be distributed between the parties to achieve a full and final settlement of all claims arising from their marriage.

The court was required to determine the equitable distribution of the parties' property and financial resources. This included deciding the terms of sale for the former matrimonial home, the allocation of proceeds from that sale, and the retention of specific assets by each party. Furthermore, the court needed to address the division of superannuation interests, including a splitting order from the husband's superannuation fund in favour of the wife, and the provision of spousal maintenance. The court also had to consider the withdrawal of caveats lodged by the wife against certain properties.

In reaching its decision, the court made orders for the sale of the former matrimonial home, with the husband responsible for outgoings pending sale. The proceeds were to be distributed after payment of sale costs, with the balance split 80% to the wife and 20% to the husband. The husband was to retain specific properties, including Property G, its contents, his motor vehicle, personal effects, and his superannuation and investments. The wife was to retain her furniture, motor vehicle, savings, and personal effects. The court also ordered a splitting of $90,000 from the husband's superannuation fund to the wife and ordered the husband to pay spousal maintenance of $600 per week until 31 July 2018. All other applications were dismissed.