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Security deposits must be lodged with the relevant state or territory authority.;Landlords must return the deposit within a specified period after the lease ends, minus any legitimate deductions.

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Mediation in Australian civil law serves as a voluntary and confidential process where an independent mediator helps the parties reach a mutually acceptable resolution.;Mediation can be a cost-effective and efficient...

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Requirements for an Australian student visa include a Confirmation of Enrolment (CoE) from an educational institution, proof of sufficient funds, and meeting English language proficiency standards.;Applicants must als...

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Businesses must honor consumer guarantees for the quality, safety, and performance of their products and services under Australian Consumer Law.;They are responsible for providing remedies if goods or services fail to...

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The Goods and Services Tax (GST) in Australia is a 10% tax on most goods and services sold or consumed, with some exemptions.;Businesses must register for GST if their annual turnover exceeds the threshold, and they c...

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Individuals can declare bankruptcy through the Australian Financial Security Authority (AFSA), which involves submitting a bankruptcy application and undergoing a financial assessment.;Once declared bankrupt, an indiv...

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Conveyancers and solicitors handle the legal aspects of property transactions, including drafting contracts, conducting title searches, and overseeing settlement.;They ensure compliance with all legal requirements and...

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Cryptocurrency is challenging traditional banking by offering decentralized financial solutions.;Banks are increasingly adapting to the rise of cryptocurrency through partnerships and services.

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Organizations can face penalties under the Privacy Act 1988, including fines and regulatory actions, for failing to protect personal data.;Affected individuals may also seek compensation for damages resulting from dat...

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Theft and burglary in Australia can result in severe penalties, including imprisonment, fines, and restitution to victims.;The severity of the penalty depends on factors such as the value of the stolen property and wh...