The Australian Consumer Law (ACL) includes a range of protections to consumers from unfair business practices, including misleading and deceptive conduct, false or misleading representations, unconscionable conduct, and even representations about country or place of...
The Australian Consumer Law, or ACL, is a national law that applies to all businesses throughout Australia. It ensures that consumers have consistent rights and that businesses have the same obligations nationwide. Where is the ACL found? The ACL is in Schedule 2 of...
Family businesses are the backbone of Australia’s economy, contributing over 70% of the nation’s GDP and employing a significant portion of the workforce. However, their long-term success can be fragile, with only a fraction operated by the third...
If you are thinking about a new venture, expanding an existing business or entering a new market, one option you might consider is to buy an established business. There are advantages and disadvantages when buying an existing business compared with starting your own....
An option clause is a term in a commercial lease that allows a tenant to renew their lease at the end of the original lease period, if they meet certain conditions. Landlords are not obliged to offer a renewal option. However, it is often in the interests of both...
In negotiating a lease agreement, lots of terms are hidden in the fine print which significantly affect your rights and obligations so you must read the proposed agreement carefully. Not sure what’s important? Here are some key points to look out for: Key Terms of the...