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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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A sole trader is an individual running a business, while a company is a separate legal entity owned by shareholders.;Sole traders have unlimited liability, whereas companies provide limited liability protection to the...

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Tax evasion in Australia can lead to severe penalties, including fines, interest on unpaid taxes, and imprisonment for serious offences.;The ATO conducts audits and investigations to detect and prevent tax evasion, an...

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Key anti-discrimination laws include the Equal Opportunity Act and the Racial Discrimination Act.;These laws aim to protect individuals from discrimination based on various attributes.

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Investors have legal recourse through consumer protection laws and dispute resolution processes.;They can also seek compensation through the Financial Services Ombudsman in case of fraud.

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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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A will can be updated through a codicil, which is an amendment to the original will, or by creating a new will that revokes the previous one.;To revoke a will, the testator can destroy the original document or include...

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A will can be contested on grounds such as lack of mental capacity, undue influence, or improper execution.;The contesting party must file a claim in court, and the court will review the evidence to determine the vali...

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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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Claims can be denied due to lack of evidence, missing deadlines, or disputes over liability.;Other reasons include insufficient documentation or failure to follow proper procedures.