Mitchell Zadow summarises the key changes to Australia’s unfair contract laws, which included a 12 month implementation period ending on 9 November 2023. If the changes affect your business and you haven’t reviewed your trading terms yet, act now!
The two recent High Court decisions should make unfair preferences work in a clearer way which is easier for all parties – and indeed the community as a whole – to understand and accept, as Mitchell Zadow, Accredited Specialist (Commercial Law), explains.
Whether you are planning to start your own business or take over an existing business, there are procedures to follow to ensure that your business complies with Government regulations and the Corporations Act 2001 (Cth). Commercial Lawyer Ignatius Suwanto explains the purpose of a business name and provides tips on how to register or transfer your business name.
There is no blanket legal requirement on businesses to provide a full refund in the event of cancellation, including in the event of government-mandated lockdowns or other restrictions. This applies to all types of businesses including accommodation providers, event organisers, or any other business that takes bookings and deposits or payment up front. However, it is important to be aware of the Australian Consumer Law and the requirements it imposes on your business.
Have you recently been asked to sign a contract and are wondering whether legal advice is necessary? If you are considering signing a contract, it is important to ensure that you understand exactly what you are agreeing to. Before you sign on the dotted line, you should take the time to carefully read through the contract as well as having the contract reviewed by a professional.
On 10 November 2020, the Federal Government announced changes to the unfair contract term provisions in the Australian Consumer Law, which now make unfair contract terms illegal and punishable by civil penalties. Further changes have also been proposed in relation to expanding the threshold of the term ‘small business’ and the definition of a ‘standard form contract’.
Searching and completing registrations on the Personal Property Securities Register can often be confusing and counterintuitive. In this article, we provide some tips to avoid making common mistakes when searching or completing registrations on the PPSR.
The Personal Property Securities Register is the national register of security interests in personal property. Given that the PPSR affects many, if not most commercial transactions, it is important that everyone involved in business has a basic understanding of how the PPSR works.
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