SALESBURY & CANNON

Stevenson J made orders concerning the division of property and superannuation between the parties, Salesbury and Cannon. The dispute involved the sale of a property located at B Street, Suburb C, New South Wales, and the distribution of its proceeds, as well as the division of the husband's interest in the AMP Superannuation Fund.

The court was required to determine how the proceeds of the property sale should be distributed, including the priority of payments for legal costs, agent's commission, mortgage discharge, and the balance to the wife. Additionally, the court needed to determine the method and timing for the wife to receive a base amount of $157,700 from the husband's superannuation interest, in accordance with the Family Law Act 1975. The court also addressed the discharge of existing spousal maintenance orders and the husband's ongoing obligation to pay spousal maintenance and property outgoings.

Stevenson J ordered the sale of the property for the best reasonably obtainable price, with proceeds to be applied first to sale costs, then to discharge the mortgage, and the remainder to the wife. The court further ordered that the wife be entitled to a base amount of $157,700 from the husband's superannuation interest, to be paid from splittable payments in accordance with the Family Law (Superannuation) Regulations. Existing spousal maintenance orders were discharged, and the husband was ordered to pay $1,200 per week in spousal maintenance until 31 December 2015, and to continue paying outgoings for the property until its sale. All other outstanding applications were dismissed.