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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.

Ask a Childrens Law lawyer in Casey

Yes, social media posts can be considered defamatory if they meet the criteria of defamation, including publication, identification, and harm.;The reach and permanence of social media can amplify the impact of defamat...

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Surrogacy arrangements in Australia are regulated by state and territory laws, which generally prohibit commercial surrogacy but allow altruistic surrogacy under strict conditions.;Prospective parents and surrogates m...

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Foreign companies operating in Australia must register with ASIC and comply with Australian corporate laws, including tax obligations and reporting requirements.;They must also appoint a local agent to represent the c...

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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...

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Salary sacrificing allows employees to allocate a portion of their pre-tax income to benefits like superannuation, reducing their taxable income.;Common benefits include additional superannuation contributions, car le...

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The time limit, or statute of limitations, for filing a medical negligence claim varies by state but is typically three years from the date of the incident.;It is important to seek legal advice promptly to ensure comp...

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Disputes between shareholders and directors can be resolved through mediation, arbitration, or litigation, depending on the nature and severity of the conflict.;The Corporations Act 2001 provides legal avenues for sha...

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When selling a property in Australia, you must provide a contract of sale, a vendor's statement (section 32), and relevant property certificates.;Disclosure of any known defects, encumbrances, and zoning information i...

Ask a Childrens Law lawyer in Casey

To open a bank account in Australia, you typically need to provide proof of identity, such as a passport or driver's license, and proof of address, such as a utility bill.;Some banks may also require additional docume...