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Foreign Investors purchasing a business in Australia

As with foreign property purchases, business purchases will require prior approval by the treasurer to ensure that the purchase is not contrary to Australia’s national interest. Approval will be subject to the treasurer discretion in making sure inve...


Enduring Power of Attorney

The Powers of Attorney Act 1998 provides that an enduring power of attorney made in another state or territory is recognised in Queensland.An Enduring Power of Attorney is used to deal primarily with personal and/or financial matters. The power may b...


Your legal obligations when insuring your property

[https://www.youtube.com/watch?v=2D9cP5WKv7g]


Early Possession when purchasing a property

If the seller agrees to let you into possession of the property before settlement, the contract provides that:(1) you must maintain the property in substantially its condition at the date of possession except for fair wear and tear (which obliges you...


Insolvent trading: How does a director become liable for insolvent trading?

Insolvent trading is when directors allow their company to incur debts when the company was insolvent. The liquidator can make a compensation claim against a director if those debts are unpaid when the liquidation commences. A director may be he...


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