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Common legal questions answered by Arbitration lawyers.
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An agreement is a mutual understanding between parties, while a contract is a legally binding agreement enforceable by law.;Contracts must contain all essential elements, whereas agreements may lack enforceability.
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The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.;Advisors must adhere to the Best Interests Duty, which mandates that t...
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Defaulting on a mortgage in Australia can lead to the lender taking legal action to repossess and sell the property to recover the debt.;Borrowers may also face a negative impact on their credit rating, making it more...
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Recent changes include amendments to improve workers' rights and streamline the claims process.;These updates reflect ongoing efforts to enhance workplace safety and employee protections.
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The Privacy Act 1988 and the Australian Privacy Principles (APPs) govern the collection, use, and disclosure of personal information online.;Individuals have rights to access and correct their personal data, and organ...
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Commercial litigation can take several months to several years to resolve.;The duration depends on factors like the complexity of the case and the court's schedule.
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You can lodge a complaint by contacting the relevant department directly, often through their official website or customer service hotline.;Additionally, you may submit your complaint to the Commonwealth Ombudsman if...
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In Australia, the Reserve Bank of Australia (RBA) and the Australian Prudential Regulation Authority (APRA) oversee the regulation of interest rates for loans.;Banks and financial institutions also have their own inte...
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Casinos in Australia are regulated by state and territory gambling authorities, such as the NSW Independent Liquor & Gaming Authority.;These regulations cover aspects such as licensing, operations, and responsible gam...
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Bankruptcy significantly impacts your credit rating, making it difficult to obtain credit in the future.;The record of bankruptcy remains on your credit report for up to five years or longer in some cases.
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