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Security deposits must be lodged with the relevant state or territory authority.;Landlords must return the deposit within a specified period after the lease ends, minus any legitimate deductions.

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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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Mediation in Australian civil law serves as a voluntary and confidential process where an independent mediator helps the parties reach a mutually acceptable resolution.;Mediation can be a cost-effective and efficient...

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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...

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A Tax File Number (TFN) is a unique identifier for individuals and businesses, used for tax administration and ensuring correct tax payments.;Having a TFN is essential for lodging tax returns, applying for government...

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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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Common issues during property settlement include delays in financing, undisclosed property defects, and disagreements over contract terms.;Ensuring all paperwork is in order and maintaining clear communication between...

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Notaries in Australia can witness signatures, certify documents, administer oaths, and provide other legal services requiring notarization.;Common services include certifying copies of documents, authenticating person...

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Visa extensions in Australia depend on the visa type; some visas allow for onshore applications for extension, while others may require applying for a different visa.;Applicants must provide evidence of their continue...

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Common defenses to defamation include truth, absolute privilege, qualified privilege, and fair comment or honest opinion.;The defendant can also argue that the statement was made in a context that provides legal immun...