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Bankruptcy usually lasts for three years and one day from the date it is declared.;In some cases, the bankruptcy period can be extended up to eight years if the trustee determines misconduct.

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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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The conveyancing process in Australia involves several steps, including contract preparation, property inspection, exchange of contracts, and settlement.;A conveyancer or solicitor assists with legal paperwork, conduc...

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To obtain a patent in Australia, you must file an application with IP Australia, which examines the application for novelty and inventiveness.;Once granted, patent protection lasts up to 20 years, provided maintenance...

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Lobbying activities in Australia are regulated by the Lobbying Code of Conduct, which sets out rules for transparency and accountability.;Lobbyists must register on the federal Lobbyist Register and disclose their cli...

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Aboriginal cultural heritage rights are protected under various laws, including the Aboriginal Heritage Act.;These protections aim to safeguard cultural sites, practices, and expressions of Aboriginal peoples.

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Adopting a child in Australia requires prospective parents to undergo assessments, attend training, and meet eligibility criteria set by state and territory adoption laws.;The adoption process includes home visits, in...

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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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Debts can be disputed by responding to the creditor with evidence that the debt is incorrect or not owed.;If the dispute is unresolved, it can be taken to the relevant ombudsman or tribunal for a decision.

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Franchising offers benefits such as brand recognition, established business systems, and ongoing support from the franchisor.;For franchisors, it allows business expansion with reduced capital investment and operation...