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You must choose a business structure, register your business name, and obtain an Australian Business Number (ABN).;Additionally, you need to register for Goods and Services Tax (GST) if your annual turnover is $75,000...

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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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To qualify for legal aid, your income must be below a certain threshold, which varies by state and territory.;You will need to provide proof of income and assets as part of your legal aid application.

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Contract disputes can be resolved through negotiation, mediation, arbitration, or litigation.;The method chosen often depends on the terms of the contract and the nature of the dispute.

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The statute of limitations for personal injury claims in Australia typically ranges from three to six years, depending on the jurisdiction.;It is crucial for victims to file their claims within this period to ensure t...

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Debt consolidation options in Australia include personal loans, balance transfer credit cards, and debt agreements.;Consolidating debts can simplify payments and potentially reduce interest rates, making it easier to...

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Consumers are protected by laws that prevent debt collectors from using harassment or misleading tactics.;The ACCC provides guidelines that outline acceptable conduct for debt collectors.

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Aboriginal Law significantly affects land rights through recognition of native title and traditional land ownership.;It provides a legal framework for Aboriginal people to claim land based on their historical connecti...

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Corporate governance in Australia is primarily regulated by the Corporations Act 2001, which sets out the duties and responsibilities of directors and officers.;ASIC also plays a key role in monitoring corporate gover...

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Digital assets, such as online accounts and digital files, should be included in the estate plan with clear instructions for their management and distribution.;It is important to provide access details, such as userna...