Business Law

Deadline for changes to foreign person surcharge duty rapidly approaching

On 24 June 2020, the State Revenue Legislation Further Amendment Act 2020 came into effect, which made amendments to the Duties Act 1997, the Land Tax Act 1956, and the Land Tax Management Act 1956. The amendments are meant to address what is perceived to be a loophole that has been long exploited by foreign …

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Business Law – Circular Economy “Right to Repair” Enquiry November 2020

The Productivity Commission is in the process of reviewing the “right to repair” The concept of the “right to repair” means a consumer’s ability to repair faulty goods, or access repair services, at a competitive price. Why Is It Relevant? In the context of modern consumer markets there has been a trend for the manufacturers …

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Can a Business Legally Refuse a Cash Payment?

In a world functioning in an increasing digital age, transactions paid by bankcard are becoming the popular preference, particularly for members of younger generations. With the rise of COVID-19, the health and safety of all aspects of our lives have been brought the forefront of discussions. With questions still looming as to how the COVID-19 …

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Changes to signing legal documents in NSW- May 2020

As a result of the restrictions placed on people during the Covid-19 crisis, the Government has amended the law to allow for the witnessing and signing of documents by audio visual link. This applies to a large range of documents, including Wills, Powers of Attorney, Deeds, Guardianship Appointments, Affidavits and Statutory Declarations.  The arrangements are …

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COVID-19 and the Leasing Code of Conduct

Introduction In light of the global pandemic of Coronavirus (COVID-19), the Australian Federal Government, along with the State and Territories have imposed significant restrictions to prevent the spread of COVID-19. These new laws and regulations have dramatically altered society and more relevantly how most businesses trade in the market place.  As our country continues to …

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Will Covid-19 impact your business?

With Covid-19 (or coronavirus) now declared a global pandemic, one cannot help but to consider the potential impact on the economy with entire sectors now at risk. If you are a business and employ staff, you may unfortunately need to give urgent consideration to cutting business costs which could mean some significant staff changes. While …

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PPSA 101 – Security Interests and the PPSA

What is a Security Interest? A security interest is an interest in personal property.  Personal property includes goods or collateral other than real estate such as inventory, plant, equipment, vehicles and can also include shares, accounts and intellectual property (such as copyright and trademarks). The Personal Property Securities Act 2009 (PPSA) provides the rules in …

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Asset Preservation Orders (Freezing Orders)

An Asset Preservation Order (also known as Freezing Orders) is an interlocutory order (a temporary or provisional order, given during the course of the legal proceedings) made by the Court to preserve the assets of a person. The orders are intended to prevent that person from doing things like hiding those assets, spending them, distributing …

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