Business Law

COVID-19 Relief

Since the implementation of COVID-19 restrictions and, in particular since the New South Wales lockdown commenced in late June 2021, many businesses have found it difficult to continue operations. Likewise, many individuals have been left struggling to make ends meet Yesterday the Government announced a Small Business Relief Package to assist Small Businesses in managing …

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Buying or Selling a Business? Some things to consider for both Business Owners and Purchasers

Introduction As the economic effects of COVID-19 begin to be more harshly felt by Australian businesses, many business owners are choosing to sell their business. Whether triggered by financial hardship, business partnership disagreements, market changes or a desire for a change, the importance of ensuring assets are properly transferred to the purchaser remains unchanged. It …

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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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Coranavirus (COVID-19) and Australian Businesses

The official government advice that is being given at the moment is that the best that the government can hope to do is “flatten out the curve” or limit the damage that will be done by the current crisis but that some people will lose their jobs and some businesses will go broke. If a …

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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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