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Consequences of bankruptcy include loss of assets, impact on credit rating, and restrictions on obtaining credit.;You may also face limitations on running a business and certain travel restrictions.

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The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.;Advisors must adhere to the Best Interests Duty, which mandates that t...

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Environmental impact assessments in Australia are conducted to evaluate the potential effects of proposed projects on the environment, and are required under the Environment Protection and Biodiversity Conservation Ac...

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Enforcing a judgment in a civil case may involve obtaining a writ of execution, garnishment of wages, or placing a lien on the defendant's property.;If the defendant fails to comply with the judgment, the court may ta...

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International law can shape Australian legislation by requiring domestic laws to comply with international treaties and conventions.;Australia may amend its laws to align with international standards and obligations.

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Small businesses must register for an ABN and possibly GST, and they need to comply with payroll tax and superannuation requirements.;Income tax returns must be filed annually, and businesses should keep accurate fina...

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When selling a property in Australia, you must provide a contract of sale, a vendor's statement (section 32), and relevant property certificates.;Disclosure of any known defects, encumbrances, and zoning information i...

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Redundancy and severance pay in Australia are governed by the Fair Work Act, which sets out minimum entitlements based on the employee's length of service and other criteria.;Employers must provide notice of redundanc...

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Aboriginal individuals can seek justice through legal aid, community organizations, and advocacy groups.;They can also pursue claims through the Native Title Tribunal or state land rights legislation.

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Commercial litigation can take several months to several years to resolve.;The duration depends on factors like the complexity of the case and the court's schedule.