Recent changes to improve Australia’s corporate insolvency laws are set to come into effect in 2017 and aim to encourage entrepreneurship and innovation by protecting creditors and promoting reasonable risk-taking.
There are various legal methods to resolving disputes that parties can access before resorting to litigation. Arbitration and conciliation are two alternative dispute resolution processes that can help resolve disputes without the involvement of a court or tribunal.
The new Planning Act 2016 comes into effect on 3 July 2017 and establishes a new planning framework and overarching policy for land use planning within Queensland. Understand how the new legislation changes the current planning system and how it will impact development outcomes throughout the state.
Your superannuation fund is often one of your largest assets. Therefore, it is important to understand what happens to your superannuation benefits when you die and how you can ensure that it is dealt with in accordance with your wishes in the event of your death.
The insurance building industry in Queensland has faced challenges due to the inadequacy of the QBCC Act to effectively address building insurance considerations. Caution needs to be applied in processing building insurance claims to ensure breaches under the Act are avoided.
The recent decision of the High Court in the case, Australian Competition and Consumer Commission v Flight Centre Travel Group Ltd  HCA 49, has qualified the application of restrictive trade practices in relation to agency arrangements and confirmed that a principal and agent may be considered competitors in certain circumstances.
If you are planning on running a local or national competition for customers as part of your business, it is important that you do your homework as each state and territory has its own special requirements for the operation of trade promotion competitions in Australia.
An executor plays an important role in carrying out the wishes of a person after they die. Executing a will can be a complicated process so it is important to understand the duties and obligations that the role entails.
If the court has made an order that someone owes you money and they do not pay, the law provides certain tools to enable you to enforce the judgment for payment. That is, there are a number of ways the law allows you to attempt to obtain payment of the judgment amount from an individual.
In the post-GFC environment, pressure remains on businesses to maintain liquidity and compete. However sometimes despite their best efforts, company directors have to make the hard decision to place their company into voluntary administration.