One of the key recommendations of the Financial System Inquiry Committee’s final report released at the end of 2014 is to: remove the exception to the general prohibition on direct borrowing for limited recourse borrowing arrangements by superannuation funds. Read More
When it comes to companies binding themselves to contracts, the Corporations Act 2001 (Cth) (Act) sets out certain alternate means by which they can do this. Read More
1 January 2015 - New Legislation in Force for Challenging a Will ... The Act makes changes to Part IV of the Administration and Probate Act 1958, in particular to the categories of people eligible to make claims for provision from a deceased estate and the considerations the Court must have regard to when determining applications. Read More
A vendor's statement (section 32 of the Sale of Land Act 1962 (Vic) (Act) ) is the information that the seller of the property must provide to the buyer advising of restrictions such as covenants and easements, outgoings such as rates and any other notices such as compulsory acquisition. Read More
If you are a first home buyer it’s important to keep up with entitlements for which you may be eligible for. Read More
Whether a person who has received money paid to them by mistake can keep it, is a question that arises from time to time in legal proceedings. The recipient may argue that they have acted to their detriment by changing their position. This can be a defence to an action for restitution. Read More