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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...

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The cooling-off period in real estate transactions varies by state but typically lasts between 2 to 5 business days, allowing the buyer to withdraw from the contract.;Conditions of the cooling-off period, including an...

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To enforce a child custody order, a parent can file a contravention application with the court, alleging that the other parent has breached the order.;The court can take various actions, including enforcing the order,...

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A bankruptcy trustee is responsible for managing your bankruptcy, including selling assets and distributing proceeds to creditors.;The trustee also investigates your financial affairs and ensures compliance with bankr...

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To file a work claim, start by gathering necessary documents and contacting the relevant authority.;You may need to fill out specific forms depending on the type of claim you are making.

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Legal aid is government-funded and provided to eligible individuals based on financial need, whereas pro bono services are offered voluntarily by lawyers.;Pro bono services may not have the same eligibility criteria a...

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No-win, no-fee agreements allow clients to engage legal representation without upfront costs, paying only if the case is successful.;This arrangement makes legal services more accessible to those who may not afford to...

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A testamentary trust is created through a will and comes into effect upon the testator's death, whereas a living trust is established during the testator's lifetime.;Testamentary trusts are often used for managing ass...

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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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To amend the Australian Constitution, a proposal must be passed by an absolute majority in both houses of Parliament and then approved by a majority of voters in a referendum.;This process ensures that any changes to...