Contractors penalised for bid rigging – a high price to pay!

Two roof tiling companies and their sole directors have been penalised $420,000 in Federal Court proceedings for illegal cartel conduct. The directors admitted that they breached cartel laws by bid rigging two slate roofing projec...

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Bank guarantees as security for performance

Bank guarantees are now more widely used than ever and most people involved in business and property transactions have come across them in one form or another. Nevertheless, we still see many instances of misunderstanding and unce...

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First home buyers will soon choose between paying stamp duty or paying annual property tax

Most First Home Buyers will soon choose between paying stamp duty or an annual property tax. New law will be enacted that will allow eligible First Home Buyers of properties purchased for up to $1.5 million to choose between pay...

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What Royal Commission? The pendulum swings the other way on the regulation of financial advice

Winding back regulatory reform – so soon? The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry hauled the banking sector and financial planning industry over the coals.  The road ...

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Building defect report – can it entitle a purchaser to terminate the contract of sale?

The Supreme Court decision of Willis v Crosland [2021] VSCA 320 provides some helpful guidance on whether a purchaser who discovers building defects before settlement can terminate the contract and recover their deposit. In thi...

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Council bites back in disputed dangerous dog declaration

The Victorian Civil and Administrative Tribunal ("VCAT") recently upheld a decision by Ararat Rural City Council ("Council") to declare the Applicant's dog, "Poppy," a dangerous dog pursuant to s34(1)(a) of the Domestic Animals Ac...

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