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The Foreign Investment Review Board (FIRB) sets rules for foreign investors buying real estate in Australia, including approval requirements for certain purchases.;Foreign investors must apply for FIRB approval before...

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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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The Goods and Services Tax (GST) in Australia is a 10% tax on most goods and services sold or consumed, with some exemptions.;Businesses must register for GST if their annual turnover exceeds the threshold, and they c...

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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 time limit for filing a motor accident claim varies by state but is typically between one and three years from the date of the accident.;It is crucial to seek legal advice promptly to ensure compliance with these...

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Australia has a duty to implement the terms of international treaties it signs, ensuring domestic compliance.;Australia's role includes reporting on treaty implementation and participating in international discussions.

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Arbitration awards are generally binding and enforceable under the law.;They can be enforced in the same manner as court judgments, with limited grounds for challenge.

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Australian law addresses consumer privacy and data protection through the Privacy Act 1988, which sets out principles for handling personal information.;Businesses must comply with these principles, ensuring that cons...

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Franchise disputes are typically resolved through mediation, arbitration, or legal proceedings as outlined in the franchise agreement.;The Franchising Code of Conduct requires parties to attempt mediation before proce...

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Stamp duty is a tax paid on property transactions in Australia, calculated based on the property's purchase price or market value, whichever is higher.;Rates vary by state and territory, with exemptions and concession...