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Capital gains tax in Australia is calculated based on the profit from the sale of an asset, with discounts available for assets held longer than 12 months.;Individuals must report capital gains in their tax returns, a...

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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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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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Contracts can be enforced through litigation, mediation, or arbitration, depending on the terms outlined in the contract.;Legal action may be necessary when disputes arise that cannot be resolved through negotiation.

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Advertising to consumers in Australia must be truthful, not misleading or deceptive, and comply with standards set by the ACL and the Advertising Standards Bureau.;Businesses must also ensure that advertisements do no...

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Indigenous rights are recognized under the Native Title Act and various human rights instruments.;These rights aim to protect Indigenous culture, land, and social justice in Australia.

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A contract can be modified legally by mutual agreement of the parties involved.;The modification should be documented in writing and signed by both parties to ensure it is enforceable.

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Employers in Australia are legally required to provide a safe workplace, conduct risk assessments, and implement measures to prevent workplace injuries and illnesses under the Work Health and Safety (WHS) Act.;Employe...

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Businesses must comply with the Export Control Act 1982, which regulates the export of certain goods, especially agricultural and defense-related products.;They must also ensure that their goods meet the standards and...

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Arbitration involves a binding decision by an arbitrator, while mediation seeks a mutually agreed resolution facilitated by a mediator.;Mediation is usually less formal and focuses on negotiation and settlement.