When buying a business in Australia, it is imperative that you obtain legal advice from a commercial lawyer who will review the transaction and conduct due diligence. Due diligence is an essential process that can help to minimise your risks and save you a lot of money. It is a process which is typically used…
How a High Court ruling might change the face of Family Law in Australia for Prenuptial or financial agreements. The following article is based on a judgment in the High Court in the past week, THRONE v KENNEDY. The case involves an Eastern European Woman who married an Australian Millionaire, who was leaving her with…
What do last month’s changes to the NSW conveyancing legislation mean and how will they benefit the purchasers? The standard terms and conditions in the Contract for the Sale of Land exist to assist the purchasers in their due diligence process when buying a property and to ensure compliance with vendor disclosure legislation. The Conveyancing…
MistryFallahi Lawyers and Business Advisors congratulates leading Asia-Pacific specialists in Big Data and Advanced Analytics CBIG Consulting on joining Deloitte Australia. MistryFallahi Lawyers acted as legal counsel and advised CBIG Consulting’s Asia-Pacific operations on the transaction. The MistryFallahi team was led by Principal Ehsan Fallahi with support from Solicitor Spiros Mihalatos. CBIG Consulting operated across Australasia…
How are E-commerce businesses affected by the Australian Consumer Law? The rapid growth of e-commerce has provided for widespread benefits for both the customers in the form of more competitive pricing as well as the entrepreneur behind the business by giving them access to a much larger pool of international customers. But, it is essential…
How to legally protect e-commerce and online businesses? Operating an e-commerce or online business can allow for massive scalability and growth, but it can also bring with it a raft of complex and risky legal issues. Managing a business online allows the world to access your products and services. To reap the rewards that the…
Given Australia’s ageing population, the importance of Australians needing to appoint a trusted person(s) through an enduring power of attorney is now a priority for many advisors who understand the risks. However, many Australians are not adequately informed and educated on all factors when considering implementing an enduring power of attorney. We have often seen…
As Sydney house prices continue to soar, the dream of owning a home becomes more distant. Many people struggle to raise the necessary funds to contribute to a deposit and for payment of stamp duty and are considering alternative options to increase their chances of buying a property. With properties in Brisbane half the price…
With a median house price over $1 million, Sydney is Australia’s most expensive city to live in. It doesn’t help that first home buyers are being priced out of the market and face strong competition from foreign investors and home buyers with built up equity in their existing properties. The recent stamp duty changes for…
Stamp Duty is the most expensive purchase cost affecting home buyers. On a property with a purchase price of $800,000.00, the total stamp duty payable is approximately $31,510.00. It surpasses legal fees, mortgage fees, removalist costs and is often the deal breaker for home buyers when deciding on a property. For first home buyers…
