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The Australian Consumer Law: What Businesses Need to Know
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...
Why Writing Your Own Will Can Be a Bad Idea
Thinking about writing your own Will to save some time and money? It's a common thought, but it can lead to problems for your loved ones. While a simple, do-it-yourself Will might seem appealing, the law surrounding Wills is...
Understanding Elder Abuse: Protect Yourself & Loved Ones
It’s hard to imagine that somebody would harm, intimidate or take advantage of an aged and vulnerable person. Unfortunately, however, elder abuse occurs within our society and sadly, the perpetrators are often those entrusted with caring for our older generation. What...
Choosing the Right Business Structure in Australia
There are 4 main types of business structures for doing business in Australia, each with their own advantages and disadvantages. A person can carry on business as a sole trader, partnership, trust, and company. The choice of business structure is an important decision...
Why Estate Planning for Blended Families Is Essential
Making a Will is important, particularly if you are part of a blended family. A blended family is a family in which one or both partners have a child or children from a previous relationship. Careful estate planning now should ensure that: All of your intended...
How Parents Can Help Their Children Buy Their First Home
Buying a first home has always been a financial challenge, but housing affordability in Australia has declined so much in recent decades that younger generations are struggling to gain entry to the property market at all. As a result, more parents wish to take...
Succession Arrangements for Family Companies
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 generation....
Should You Do Your Own Conveyancing in NSW?
A conveyancing transaction involves transferring the legal title (ownership) of real estate from one party to another. For most people, buying or selling property is one of the highest-valued transactions they will ever make, and the legal work is usually referred to...
Due Diligence when Buying an Existing Business
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....
Succession Planning for Business Owners
As a business owner, you deal with many responsibilities, including having to decide what to do with your business when you move on. Sometimes the logical endgame for a business is to be wound up, but in most cases, the aim is a smooth transition to new ownership....