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homeownership challenges in Australia

Homeownership Challenges in Australia

Introduction Australia’s housing market space presents many significant hurdles for first-home buyers. Homeownership challenges in Australia are driven by inflation of housing prices, student debt, and strict guidelines for obtaining a mortgage. Consequently, this article will explore the homeownership challenges in Australia and how it has become increasingly difficult to purchase or obtain a loan …

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small business asset protection

Small Business Asset Protection: The Corporate Veil Myth and Your Obligations

Introduction to Small Business Asset Protection When starting a business—whether through social media, online, or in person—individuals often believe they must establish a corporate structure. They think this is necessary because “companies run businesses” and are drawn to the allure of the “corporate veil.” The corporate veil is a long-standing concept in business and law. …

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Protecting trade secrets

Protecting Trade Secrets in the Australian Context

The recipe for Coca-Cola is one of the most famous trade secrets in history, safeguarded for over 130 years. This example illustrates the critical role trade secrets play in protecting valuable business information. In Australia, while trade secrets are crucial to maintaining a business’s competitive edge, they lack a specific statutory framework, unlike patents or …

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mental capacity

Mental Capacity: A Guide for Solicitors Assessing their Clients

As the median age of the Australian population continues to rise, some suggest that issues of capacity will increasingly impact the legal profession. Capacity is integral to a client’s ability to enter transactions or make legally binding agreements. While there’s a common law presumption that a client has the necessary capacity to make such decisions …

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caveatable interest in land

Forced Sale of Co-Owned Property: Understanding Section 66G

Co-owning property can become problematic, especially when relationships between co-owners deteriorate or circumstances change. In such cases, section 66G of the Conveyancing Act 1919 (NSW) provides a legal solution by allowing a co-owner to seek a Court order for the forced sale of co-owned property. Section 66G and Forced Sale of Co-Owned Property Section 66G …

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Right to Disconnect

‘Right to Disconnect’: New Law Enhances Work-Life Balance

The right to disconnect law came into force on the 26th of August 2024 through the Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024 (for non-small business; for small businesses it’s 2025).[1] This provision tackles Australia’s widespread issue of employees working unpaid overtime and helps clarify the boundaries between professional and personal life.[2] …

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testamentary trust setup benefits

Casual Employees and Unfair Dismissal: Know Your Rights

Casual employees and unfair dismissal: Know Your Rights If you believe your dismissal was unfair, your eligibility to claim unfair dismissal depends on whether you are a casual or permanent employee Under the Fair Work Act 2009 (Cth), you must meet the minimum employment period to qualify. Casual employees may find this harder to prove, …

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