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Consideration refers to something of value exchanged between the parties, which is essential for a contract to be binding.;It can be in the form of money, services, or a promise to perform (or not perform) certain act...

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Insider trading in Australia is a criminal offense under the Corporations Act 2001, and individuals can face substantial fines and imprisonment.;ASIC (Australian Securities and Investments Commission) actively monitor...

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Aboriginal Law significantly affects land rights through recognition of native title and traditional land ownership.;It provides a legal framework for Aboriginal people to claim land based on their historical connecti...

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While some terms may be negotiable, franchise agreements often have standard terms that apply to all franchisees.;It's important for franchisees to seek legal advice before signing to understand which terms can be neg...

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Employee entitlements such as leave and overtime are regulated by the National Employment Standards (NES) and modern awards, which set out minimum requirements for leave entitlements, working hours, and overtime pay.;...

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Whistleblowers in Australia are protected under the Public Interest Disclosure Act 2013, which safeguards against retaliation.;The law provides mechanisms for whistleblowers to report misconduct and ensures their prot...

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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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Lodging a Fair Work Claim Before Resigning Generally, it's advisable to lodge a claim with Fair Work before resigning. This preserves your employment rights and allows Fair Work to investigate the matter while you're...

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Owners of investment properties in Australia must pay income tax on rental income, capital gains tax on property sales, and may be eligible for various deductions.;Common deductions include interest on loans, maintena...

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Consequences of copyright infringement in Australia include civil penalties such as damages and injunctions, as well as criminal penalties for serious offenses.;Infringement can lead to significant financial costs and...