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Foreign Purchases of Established Homes Banned

In February 2025 the Federal Government announced a temporary ban on foreign purchases of established homes. The goal is to ease the pressure on Australia's housing market while new homes are built. The ban will mean more Australians will be able to buy more homes...

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What Happens After the Sale of a Property?

Most people are aware that at the settlement of the sale of a property, the amount owed to any mortgagee of the owner of the property (the "vendor") is paid out, the vendor is then paid the balance of the sale price, noting the real estate agent holds the deposit, and...

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When Can I Terminate a Contract?

Knowing when and how to terminate a contract is crucial for all business owners and consumers in Australia. Various reasons may justify the termination of a contract, such as breach by another party, frustration, mistake, and force majeure. However, terminating a...

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Buying a business? Some handy hints…

So you have found a business and you have your heart set on buying it. Or maybe you work for a business that looks like it is being sold and you wish to take it over. Congratulations, that’s great news! However, before you rush off to hand over the purchase price, you...

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Managing commercial disputes – key steps and processes

A commercial dispute occurs when two or more parties have a disagreement in relation to a business matter. The subject of a commercial dispute varies however many arise due to a party’s alleged failure to perform contractual terms and conditions, which is why it is...

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