Long service leave provides two months of paid leave after ten years with the same employer. It recognises long-term contributions. Pro-rata long service leave allows early access to part of the entitlement. This applies if employment ends before ten years of service. It also applies proportionately for employees with service between ten and fifteen years. …
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On 29 November 2024, the Australian Parliament passed the Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024, introducing sweeping reforms that will significantly affect various sectors, including the legal profession. Specifically, these new AML obligations for lawyers will take effect from 31 March 2026. For lawyers, this legislation represents one of the most substantial regulatory …
With Bitcoin reaching new all-time highs in 2024, cryptocurrency regulation in Australia has become a critical concern for investors and businesses alike. As blockchain technology matures and institutional interest grows, understanding the regulatory framework is essential to weighing the risks and opportunities in the Australian market. The Australian Securities and Investments Commission (ASIC) continues to …
Domestic violence is a significant issue in Australia, with legal protections in place to support victims. It involves a range of abusive behaviours used to control, intimidate, or harm a person in an intimate or familial relationship. Domestic violence can include physical, emotional, psychological, sexual, and financial abuse, each with devastating impacts on victims. At …
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Introduction Entering the property market in New South Wales (NSW) can be challenging for first-time buyers. This is due to the rising property prices and substantial upfront costs. Shared Equity Arrangements offer a practical solution by allowing purchasers to share the purchase price with another party and benefit from reduced transfer duty obligations. Shared equity arrangements …
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What is a caveat? The Real Property Act 1900 (NSW) regulates caveats in New South Wales, outlining the processes for their lodgement, management, and removal. A caveat is a statutory mechanism similar to an injunction. It restricts certain dealings with land. It provides notice of an individual’s or entity’s caveatable interest in land without needing …
Establishing a testamentary trust offers significant advantages in estate planning. Testamentary trust setup benefits include enhanced asset protection, tax efficiency, and controlled asset distribution, making them a strategic choice for protecting beneficiaries and reducing family conflicts. Understanding these key aspects is crucial when deciding if a testamentary trust aligns with your long-term financial goals. A …
On 18 October 2024, the South Australian Employment Tribunal delivered a judgment in Vercoe v Local Government Association Workers Compensation Scheme [2024] SAET 91. This case has significant implications for remote work injury liability. Lauren Vercoe tripped over a pet fence she set up in her home while working remotely. She filed a workers’ compensation …
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Understanding bailment law is crucial as it pertains to the temporary transfer of possession of goods from one party to another. This involves the bailor, who owns the goods, and the bailee, who accepts possession but doesn’t gain ownership. Individuals and businesses must understand bailment law when engaging in transactions where they entrust goods for …
Introduction When entering the property market with others, it’s important to understand the differences between joint tenancy vs tenancy in common. These co-ownership structures not only determine how you share ownership but also define your rights to the property. Choosing the right type of ownership structure depends on your relationship with the co-owner and your …
Joint Tenancy vs Tenancy in Common Explained: Understanding Co-Ownership Read More »