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Top Hume Building & Construction Questions

Common legal questions answered by Building & Construction lawyers.

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Q
How can a contract be modified legally?

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A contract can be modified legally by mutual agreement of the parties involved.;The modification should be documented in writing and signed by both parties to ensure it is enforceable.

Q
How does arbitration differ from mediation?

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Arbitration involves a binding decision by an arbitrator, while mediation seeks a mutually agreed resolution facilitated by a mediator.;Mediation is usually less formal and focuses on negotiation and settlement.

Q
What deductions are available for small businesses in Australia?

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Small businesses in Australia can claim deductions for operating expenses, depreciation of assets, and certain startup costs.;Eligible businesses may also benefit from tax concessions like the instant asset write-off...

Q
What is commercial litigation?

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Commercial litigation involves resolving business disputes through the court system.;It is necessary when negotiations and alternative dispute resolution methods fail.

Q
What steps should a victim take immediately after an injury?

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Immediately after an injury, victims should seek medical attention, document the incident, and gather evidence, including photographs.;Reporting the injury to relevant authorities and obtaining witness information can...

Q
How are interest rates regulated for loans in Australia?

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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...

Q
What is the role of the Australian Cyber Security Centre (ACSC)?

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The ACSC leads efforts to improve cybersecurity practices, provides advice and support to businesses and individuals, and coordinates responses to cyber incidents.;It works with government, industry, and the community...

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