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In March 2017, the Victorian government announced a number of policy measures intended to increase housing affordability. “Homes for Victorians” (as the Victorian Government initiative is called), aims to shift some of the balance back to first home buyers.
In this deal, speed was of the essence. Our client was the administrator of a construction company. His asset (the construction business) deteriorated for every hour that it remained in his hands. We assisted him to negotiate, document and complete a sale in under a week.
Alert - One month to go: small business unfair contract terms – checklist
From 12 November 2016, small businesses will be protected by the unfair contract terms regime under the Australian Securities and Investments Commission Act 2001 (Cth) and the Competition and Consumer Act 2010 (Cth). Under this regime, a court may declare any ‘unfair term’ in a ‘small business contract’ to be void and unenforceable.